Property profile

4617 Downman Rd New Orleans, LA 70126

OFF-MARKET
Turn key restaurants
Property ID
US36-0355296
2,015 SF 0.15 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction CONCRETE BLOCKS
Total area 2,015 SF
Lot 0.15 ac (6,545 SF)
APN 39W902803
UPID US36-0355296

Cap rate & NOI

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

Location

4617 Downman Rd New Orleans, LA 70126-3718
New Orleans metro Census 1720 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$70k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2023
Last sale
$120,000
1 recorded transaction
2023
$120,000

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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