Technical
Financial
Distress signals
Property profile

42606 Hwy 23 Venice, LA 70091

OFF-MARKET
Commercial real estate
Property ID
US36-2026989
3,600 SF 1 ac lot Built 1993
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1993
Total area 3,600 SF
Lot 1 ac (43,560 SF)
APN 1618260
UPID US36-2026989

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

42606 Hwy 23 Venice, LA 70091-4202
Venice metro Census 50800 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2017
1 recorded transaction
2017
$185,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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