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Property profile & analytics
OFF-MARKET
Estimated value
$12,795,000
Warehouses
310 James E Dr Saint Rose, LA 70087-4039
Entity Owned
6-yr Hold
Free & Clear
Property ID
US36-1005983
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
253,722 SF
Lot
19.66 ac (856,390 SF)
APN
-5- 524 07B 5-B-1
UPID
US36-1005983
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
-
Owens & Minor - New Orleans Distribution Center Logistics Company Freight Service
-
FedEx Ground St. Rose Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.92M
Blend (final)
Blend
$12.80M
Owner & transaction history
G & I X Indl New Orleans LLC · 6 yrs held
G & I X Indl New Orleans LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$21.2M
+30.0%
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 Saint Rose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saint Rose 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$16,330,000
Current use
RETAIL STORES
$21,235,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$12.80M
Range $11.52M – $14.07M · ±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
$50 / 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
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$173,984
Tax year 2023
Assessed value
$1,563,340
Assessed 2023
Previous assessed
$1,563,340
+0.0% YoY
Effective rate
11.13%
On assessed value
Assessed land
$221,922
Assessed improvement
$1,341,418
Land market value
$2,219,220
Improvement market value
$8,942,787
Total market value
$11,162,007
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Heating
NONE
Total area
253,722 SF
Lot
19.66 ac (856,390 SF)
APN
-5- 524 07B 5-B-1
UPID
US36-1005983
Jurisdiction
ST CHARLES
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$16.3M
RETAIL STORES
Est. value
$21.2M
WAREHOUSE, STORAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Lot
19.66 ac
Current owner
From public records · entity-resolved
G & I X Indl New Orleans LLC
Entity
Free & Clear · 6 yrs held
Mailing address
3331 SEVERN AVE STE #200, METAIRIE, LA 70002-3468
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
$19,634,769
G & I X Indl New Orleans LLC
Sealy Sw New Orleans LLC
Grant Deed
—
Dec 30, 2019
—
Hjcl LLC
Sealy Sw New Orleans LLC
Grant Deed
related
—
Mar 31, 2016
—
Sealy Sw New Orleans LLC
Shoppes Of Bellemead Phase II LLC
Grant Deed
related
—
Nov 30, 2015
$17,402
Sealy Sw New Orleans LLC
Sealy Sw Prop Holdings LLC
Grant Deed
related
—
Dec 7, 2005
$11,516,217
Sealy Properties
Owner Name Unavailable
Grant Deed
related
—
—
—
G & I X Indl New Orleans LLC
—
Deed Of Trust
related
$684,600 · Bank Of America
—
—
Shaly Sw New Orleans LLC
—
Deed Of Trust
related
$11,850,000 · Miscellaneous Ins Co
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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