Property profile

4940 Chef Menteur Hwy New Orleans, LA 70126

OFF-MARKET
Motels
Property ID
US36-0700365
23,872 SF 1.31 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2002
Total area 23,872 SF
Lot 1.31 ac (57,201 SF)
APN 39W955307
UPID US36-0700365

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
  • Hotel & Motel
  • Nightclub Bar & Pub

Location

4940 Chef Menteur Hwy New Orleans, LA 70126-5016
New Orleans metro Census 13702 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.36M
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

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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