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Property profile & analytics
OFF-MARKET
Estimated value
$6,370,000
Strip malls
4242 Chef Menteur Hwy New Orleans, LA 70126-4928
Individually Owned
~
Est. High Equity
Property ID
US36-0226463
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2016
Total area
29,534 SF
Lot
2.5 ac (108,875 SF)
APN
39W955219
UPID
US36-0226463
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
-
Wingstop Restaurant
-
Dollar Tree Discount Store
-
Footaction Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
rue21 Plus Size Clothing Store Shoe Store
-
Kids Foot Locker Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.78M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.37M
Owner & transaction history
Mh And Jd Gentilly Retail Center Ll
Mh And Jd Gentilly Retail Center Ll
since 2025
Last sale
$5.7M
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,425,000
6.5%
$7,775,000
7%
$7,220,000
Blend value · Realmo final
$6.37M
Range $5.73M – $7.01M · ±10% · vs last sale $5.67M (Dec 23 2025)
Last sale anchor
$5.67M
Dec 23 2025
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
$216 / 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
$330,130
Assessed 2023
Previous assessed
$294,730
+12.0% YoY
Assessed land
$108,880
Assessed improvement
$221,250
Land market value
$1,088,800
Improvement market value
$1,475,000
Total market value
$2,563,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2016
Heating
NONE
Total area
29,534 SF
Lot
2.5 ac (108,875 SF)
APN
39W955219
UPID
US36-0226463
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
2016
Heating
NONE
Lot
2.5 ac
Current owner
From public records · entity-resolved
Mh And Jd Gentilly Retail Center Ll
Individual
Mailing address
3636 N CSWY BLVD STE #200, METAIRIE, LA 70002-7215
Ownership since
2025
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
Dec 23, 2025
$5,670,000
Mh And Jd Gentilly Retail Center Ll
Gentilly Tec Investment LLC
Deed
$3,628,000 · Hancock Whitney Bank
Oct 4, 2017
—
Gentilly Tec Investment LLC
—
Grant Deed
related
$429,500 · Investar Bk
Jul 21, 2015
$1,350,000
Gentilly Tec Investment LLC
La Nasa Center INC
Grant Deed
$4,125,000 · Whitney 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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