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    Property profile & analytics

    407 Cres Ave Lockport, LA 70374-2444

    • Commercial real estate
    • 1,899 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-1247536
    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

    • Mobil / Gas Station
    • Lockport Exxon / Tire Shop / Car Wash

    Property Details for 407 Cres Ave

    Lot size
    0.41 lot acres
    Property size
    1,899 SF
    Property type
    Commercial real estate
    APN
    41431000
    APU
    41431000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.5428
    Latitude
    29.6429
    CBSA code
    26380
    CBSA name
    HOUMA-BAYOU CANE-THIBODAUX, 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
    $1,231
    $1,610
    $9,000
    $10,610
    -
    $16,100
    $60,000
    $76,100

    Comparable in this City

    • Value Estimation by Request

      Lockport, LA 70374

      COMMERCIAL (GENERAL)
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      6,793 SF

      7109 Hwy 1st 1

      COMMERCIAL (GENERAL) • 6,793 SF
      7109 Hwy 1st 1, Lockport, LA 70374-3201
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      700 SF

      736 2nd St

      COMMERCIAL (GENERAL) • 700 SF
      736 2nd St, Lockport, LA 70374
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      3,867 SF

      500 6th St

      COMMERCIAL (GENERAL) • 3,867 SF
      500 6th St, Lockport, LA 70374-2704
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    • Value Estimation by Request
      2,860 SF

      205 Cres Ave

      COMMERCIAL (GENERAL) • 2,860 SF
      205 Cres Ave, Lockport, LA 70374-2440
      View Details
    • Value Estimation by Request
      938 SF

      10121 Hwy 308

      COMMERCIAL (GENERAL) • 938 SF
      10121 Hwy 308, Lockport, LA 70374-3922
      View Details

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    407 Cres Ave
    Lockport, LA 70374-2444
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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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