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Property profile & analytics
OFF-MARKET
Estimated value
$4,850,000
Office buildings
3131 Elysian Flds Ave New Orleans, LA 70122-3606
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US36-0376539
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Total area
15,250 SF
Lot
1.37 ac (59,534 SF)
APN
38W210904
UPID
US36-0376539
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$4.85M
Owner & transaction history
R Amd M Properties 3131 Elysian Fie · 2 yrs held
R Amd M Properties 3131 Elysian Fie
since 2024
Last sale
$4.9M
3 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
$4,850,000
ML approach
$4,850,000
CAP Approach
CAP Return
Estimation
6%
$3,830,000
6.5%
$3,535,000
7%
$3,285,000
Blend value · Realmo final
$4.85M
Range $4.37M – $5.34M · ±10% · vs last sale $4.85M (Apr 1 2024)
Last sale anchor
$4.85M
Apr 1 2024
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
$318 / 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
$565,330
Assessed 2023
Previous assessed
$493,930
+14.5% YoY
Assessed land
$89,300
Assessed improvement
$476,030
Land market value
$893,000
Improvement market value
$3,173,500
Total market value
$4,066,500
Applied tax rate
3.0000
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
2000
Heating
NONE
Total area
15,250 SF
Lot
1.37 ac (59,534 SF)
APN
38W210904
UPID
US36-0376539
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
2000
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
R Amd M Properties 3131 Elysian Fie
Entity
Mailing address
701 POYDRAS ST STE #3950, NEW ORLEANS, LA 70139-7731
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2024
$4,850,000
R Amd M Properties 3131 Elysian Fie
Alliance Elysian Fields LLC
Cash Sale Deed
$3,922,000 · United Community Bank
Aug 2, 2018
—
Alliance Elysian Fields LLC
—
Deed Of Trust
related
—
Mar 11, 2015
$3,650,000
Alliance Elysian Fields LLC
Bokf NA
Grant Deed
$2,920,000 · C1 Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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