Technical
Financial
Distress signals
Property profile

4511 Michoud Blvd New Orleans, LA 70129

OFF-MARKET
Outlet malls
Property ID
US36-0679365
9,180 SF 0.89 ac lot Built 2016
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2016
Construction STONE
Total area 9,180 SF
Lot 0.89 ac (38,675 SF)
APN 39W955701
UPID US36-0679365

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Discount Store

Location

4511 Michoud Blvd New Orleans, LA 70129-2225
New Orleans metro Census 1751 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$797k
Blend (final) Blend
$270k

Owner & transaction history

since 2016
2 recorded transactions
2016
$1.8M
2015
$477,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.7M +27.7%

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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