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    Property profile & analytics

    338 Opelousas Ave New Orleans, LA 70114-4326

    • Retail space
    • 2,316 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 08, 2022
    Location Intelligence
    Property ID
    US36-0010512
    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

    • Retail space

    Property Details for 338 Opelousas Ave

    Year built
    1940
    Lot size
    0.12 lot acres
    Property size
    2,316 SF
    Property type
    Retail space
    APN
    513109006
    APU
    513109006

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0525
    Latitude
    29.9489
    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
    0
    $0.00
    $5,850
    $18,990
    $24,840
    -
    $58,500
    $126,600
    $185,100

    Comparable in this City

    • Value Estimation by Request
      4,722 SF

      3232 General Meyer Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,722 SF
      3232 General Meyer Ave, New Orleans, LA 70114-3205
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    • Value Estimation by Request
      1,326 SF

      1141 Teche St

      RETAIL STORES (PERSONAL SERVICES) • 1,326 SF
      1141 Teche St, New Orleans, LA 70114-5737
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    • Value Estimation by Request
      3,120 SF

      1625 Newton St

      RETAIL STORES (PERSONAL SERVICES) • 3,120 SF
      1625 Newton St, New Orleans, LA 70114-2604
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    • Value Estimation by Request
      2,000 SF

      3031 Sandra Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      3031 Sandra Dr, New Orleans, LA 70114
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    • Value Estimation by Request
      1,500 SF

      2933 Sandra Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,500 SF
      2933 Sandra Dr, New Orleans, LA 70114-6336
      View Details
    • Value Estimation
      $480,000
      2,801 SF

      3801 General Degaulle Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,801 SF
      3801 General Degaulle Dr, New Orleans, LA 70114-8207
      View Details

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    Similar Nearby for Lease

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    • $12 SF/Yr
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    • $34 SF/Yr
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      Prime Algiers retail space; new building, high visibility.
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      Azalea Plaza: West Bank Retail Center

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    New Orleans, LA 70114-4326
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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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