Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

4200 Chef Menteur Hwy New Orleans, LA 70126

FOR SALE
Drug stores
Property ID
US36-0226593
13,528 SF 1.26 ac lot Built 2000
Last sale Jul 2019 · $3,138,686
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding retail building with 13,500 square feet of space and ample on-site parking. It is zoned C-2 (Auto-Oriented Commercial District). The building is positioned for access to major roads and highways, including Interstate 10, and the area is served by multiple bus routes providing public transportation access. Surrounding uses include retailers such as Walmart Supercenter, AutoZone, Harbor Freight, Orleans Furniture, and Raising Cane’s, along with New Orleans Baptist Theological Seminary.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$349k
Assessed land$55k
Assessed improvement$294k

Value estimate

· Oct 2026
$250k
$225k – $275k
Submarket $/SF estimate$1.58M
NOI build-up
Gross scheduled income$311k
Vacancy & credit loss−$6k
Operating expenses−$91k
NOI · 1,422,486.67% cap applied$213k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$148/SF
Submarket average, outlier-cleaned · 126 recorded sales of this use type
Observed band · Q1–Q3$57 – $234

Cap rate analysis

How does the asset earn?
1,422,486.67%
$213k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency55.7
Law Firm39.0
Dental Office36.6

Location

4200 Chef Menteur Hwy New Orleans, LA 70126
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5800 Morrison, New Orleans, LA 70126-1240 $98,733 Dec 2025 12,266 SF
172 Hbr, New Orleans, LA 70126 $675,000 Aug 2024 20,424 SF
3750 Alvar, New Orleans, LA 70126-5502 $487,500 Jun 2024 10,890 SF
3632 Desire, New Orleans, LA 70126 $510,000 Sep 2023 15,522 SF
6760 Chef Menteur, New Orleans, LA 70126 $20,000 Apr 2022 9,374 SF
201 Hbr, New Orleans, LA 70126-1103 $412,500 Jun 2021 13,940 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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