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    Property profile & analytics

    242 2nd St Westwego, LA 70094

    • Apartment buildings
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    Feb 26, 2020
    $248,000
    Location Intelligence
    Property ID
    US36-0467040
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 242 2nd St

    Lot size
    0.18 lot acres
    Property type
    Apartment buildings
    APN
    0-44-0003268
    APU
    440003268

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westwego
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1432
    Latitude
    29.9137
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,801
    $5,300
    $18,260
    $23,560
    -
    $53,000
    $182,600
    $235,600

    Comparable in this City

    • Value Estimation
      $255,000
      0.15 Acres

      149 14th St

      APARTMENT HOUSE (5+ UNITS) • 0.15 Acres
      149 14th St, Bridge City, LA 70094-3154
      View Details
    • Value Estimation by Request
      0.17 Acres

      639 Ave B B

      APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
      639 Ave B B, Westwego, LA 70094-4237
      View Details
    • Value Estimation
      $240,000
      0.28 Acres

      1351 Pecan St

      APARTMENT HOUSE (5+ UNITS) • 0.28 Acres
      1351 Pecan St, Westwego, LA 70094-5352
      View Details
    • Value Estimation
      $135,000
      0.19 Acres

      466 12th Ave A A

      APARTMENT HOUSE (5+ UNITS) • 0.19 Acres
      466 12th Ave A A, Westwego, LA 70094-3669
      View Details
    • Value Estimation
      $40,000
      0.16 Acres

      481 Celomar Park

      APARTMENT HOUSE (5+ UNITS) • 0.16 Acres
      481 Celomar Park, Westwego, LA 70094-4448
      View Details
    • Value Estimation
      $250,000
      0.20 Acres

      452 Klein St

      APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
      452 Klein St, Westwego, LA 70094
      View Details

    Similar Nearby for Sale

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      1,200 SF

      Westwego Restaurant with Outdoor Seating

      Licensed, permitted restaurant with outdoor seating and container concept.
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      Westwego Retail/Warehouse Space Available

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      2.23 acre corner lot with frontage on 9 Mile Point Road.
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      Cleared Residential Lot in Bridge City

      Cleared residential lot ready for new construction in Bridge City.
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      Land For Sale on Lapalco

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    Similar Nearby for Lease

    • $1,000 /Mo
      1 SF

      Commercial Land For Lease

      One acre of fenced commercial land available for lease.
      607 Westwego Ave, Bridge City, LA 70094
      View Details
    • $15 SF/Yr
      3,837 SF

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      Prime Westwego Office Space, 3,837 SF Total
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      View Details
    • $8 SF/Yr
      44,780 SF

      Former Grocery Store on Highway

      44,780 SF free-standing building on 5.44 AC for lease.
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      View Details
    • $2,600 /Mo
      1,200 SF

      Westwego Restaurant with Outdoor Seating

      Licensed restaurant with container concept, outdoor seating, and ample parking.
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      View Details
    • $5 SF/Yr
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      Westwego Retail Center Opportunity

      High-traffic retail space, 5 suites available.
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      View Details
    • $55,000
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      Prime Industrial Land Opportunity

      114 acres of industrial land available for lease/purchase.
      536 Seven Oaks Blvd, Bridge City, LA 70094
      View Details
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    242 2nd St
    Westwego, LA 70094
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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