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Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Office buildings
2700 Broad St New Orleans, LA 70125-1953
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US36-0543774
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Total area
43,200 SF
Lot
0.44 ac (19,116 SF)
APN
412406310
UPID
US36-0543774
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Odyssey House Louisiana - Bohn (Inpatient Services) Medical Clinic
-
Dr. Breaunnah Bloomer Physician
-
Shonathan Merricks Pediatrician Physician
-
Sagie Henig Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.38M
Owner & transaction history
2700 Bohn Motor LLC · 8 yrs held
2700 Bohn Motor LLC
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Orleans submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Orleans submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$32 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$41,620
Assessed 2023
Previous assessed
$41,620
+0.0% YoY
Assessed land
$19,120
Assessed improvement
$22,500
Land market value
$191,200
Improvement market value
$349,300
Total market value
$540,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1920
Heating
NONE
Total area
43,200 SF
Lot
0.44 ac (19,116 SF)
APN
412406310
UPID
US36-0543774
Jurisdiction
ORLEANS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
2700 Bohn Motor LLC
Entity
Mailing address
1626 ORETHA CASTLE HALEY BLVDA, NEW ORLEANS, LA 70113-1311
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2017
$513,960
2700 Bohn Motor LLC
Rhodes Commercial Devs LLC
Grant Deed
$20,000 · Gsnmf Sub-cde 24 LLC
Dec 5, 2017
—
Gchp Housing Finance INC
—
Deed
related
$500,000 · New Orleans Redev Authority
Nov 28, 2016
—
Rhodes Commercial Devs LLC
—
Deed
related
$136,000 · Gulf Coast Housing Ptshp INC
—
—
Rhodes Commercial Devs LLC
—
Deed Of Trust
related
$136,000 · Gulf Coast Housing Ptshp INC
—
—
Gchp Housing Finance INC
—
Deed Of Trust
related
$500,000 · New Orleans Redev Authority
—
—
Gchp Housing Finance INC
—
Deed Of Trust
related
$1,500,000 · 2700 Bohn/rhodes LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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