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    Property profile & analytics

    42606 Hwy 23 Venice, LA 70091-4202

    • Commercial real estate
    • 3,600 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $165,000
    Location Intelligence
    Property ID
    US36-2026989
    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

    • Commercial real estate

    Property Details for 42606 Hwy 23

    Year built
    1993
    Lot size
    1.00 lot acres
    Property size
    3,600 SF
    Property type
    Commercial real estate
    APN
    1618260
    APU
    1618260

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Plaquemines
    State
    Louisiana
    Longitude
    -89.3615
    Latitude
    29.2811
    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
    2023
    $2,226
    $4,488
    $27,000
    $31,488
    -
    $44,880
    $180,000
    $224,880

    Comparable in this City

    • Value Estimation by Request
      3,600 SF

      42336 Hwy 23

      COMMERCIAL (GENERAL) • 3,600 SF
      42336 Hwy 23, Venice, LA 70091-4106
      View Details
    • Value Estimation
      $400,000
      26,800 SF

      42666 Hwy 23

      COMMERCIAL (GENERAL) • 26,800 SF
      42666 Hwy 23, Venice, LA 70091
      View Details
    • Value Estimation by Request

      165 Hoist Rd Bldg Only

      COMMERCIAL (GENERAL)
      165 Hoist Rd Bldg Only, Venice, LA 70091
      View Details
    • Value Estimation
      $365,000
      5,250 SF

      339 Coast Guard Rd

      COMMERCIAL (GENERAL) • 5,250 SF
      339 Coast Guard Rd, Venice, LA 70091-4339
      View Details
    • Value Estimation
      $480,000
      2,652 SF

      42855 Hwy 23

      COMMERCIAL (GENERAL) • 2,652 SF
      42855 Hwy 23, Venice, LA 70091
      View Details
    • Value Estimation
      $605,000
      5,262 SF

      223 Sports Marina Rd

      COMMERCIAL (GENERAL) • 5,262 SF
      223 Sports Marina Rd, Venice, LA 70091
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      354 SF

      354 Acres on Highway 23

      354 acres of land available on Highway 23 in Venice.
      23 Ln Hwy, Venice, LA 70091
      View Details
    • $499,000
      10,250 SF

      Venice Land with Improvements

      380 acres with 10,250 SF improvements in Venice, LA.
      23 Ln Hwy, Venice, LA 70091
      View Details
    • Contact for pricing
      12,450 SF

      Highway 23 Industrial Site

      Industrial site on Highway 23 in Venice, Louisiana.
      42011 La-23, Venice, LA 70091
      View Details
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    42606 Hwy 23
    Venice, LA 70091-4202
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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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