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    Property profile & analytics

    540 Cortez St New Orleans, LA 70119-4804

    • Warehouses
    • 29,655 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-2547344
    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

    • Extra Space Storage / Self-Storage Facility / Moving And Storage Service
    • Pool of Siloam Medical Ministry / Doctor

    Property Details for 540 Cortez St

    Year built
    1920
    Lot size
    0.80 lot acres
    Property size
    29,655 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    207207601
    APU
    207207601

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.0939
    Latitude
    29.9759
    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
    0
    $0.00
    $52,130
    $986,810
    $1,038,940
    -
    $521,300
    $7,522,900
    $8,044,200

    Comparable in this City

    • Value Estimation by Request
      0.90 Acres

      2820 Tulane Ave

      MINI-WAREHOUSE, STORAGE • 0.90 Acres
      2820 Tulane Ave, New Orleans, LA 70119-7342
      View Details
    • Value Estimation by Request
      33,838 SF

      2321 Perdido St

      MINI-WAREHOUSE, STORAGE • 33,838 SF
      2321 Perdido St, New Orleans, LA 70119-7538
      View Details
    • Value Estimation
      $860,000
      38,337 SF

      439 White St

      MINI-WAREHOUSE, STORAGE • 38,337 SF
      439 White St, New Orleans, LA 70119
      View Details
    • Value Estimation by Request
      9,614 SF

      2821 Baudin St

      MINI-WAREHOUSE, STORAGE • 9,614 SF
      2821 Baudin St, New Orleans, LA 70119
      View Details
    • Value Estimation by Request
      82,300 SF

      601 Galvez St

      Distribution properties • 82,300 SF
      601 Galvez St, New Orleans, LA 70119
      View Details
    • Value Estimation by Request
      2,290 SF

      2806 St Louis St

      Distribution properties • 2,290 SF
      2806 St Louis St, New Orleans, LA 70119
      View Details

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      65,000 SF site ideal for redevelopment or warehousing.
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      Historic warehouse and office property in Mid City.
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      New Orleans Multi-Use Property

      Versatile 7,950 SF Flex Space, 4 Buildings
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      High-intensity mixed-use redevelopment opportunity.
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    Similar Nearby for Lease

    • $12 SF/Yr
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      Freshly renovated warehouse space; ideal for mixed-use.
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    • $925,000
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      Versatile Office/Warehouse Near I-10

      8,680 SF office/warehouse on 11,983 SF lot, prime location.
      316 S Bernadotte St, New Orleans, LA 70119
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    • $5,000 /Mo
      14,800 SF

      Industrial/Flex Spaces For Rent

      Industrial and flex spaces available near Lafitte Greenway.
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    • $21 SF/Yr
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      Mid-City Creative Office Space

      New Orleans, LA: Historic Charm, Modern Amenities
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    • $18 SF/Yr
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      Medical Office Suites, New Orleans

      Prime Medical Office Space Available
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    • $23 SF/Yr
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      High-Visibility Office Space Available

      Prime office space at a busy, accessible New Orleans location.
      540 South Broad St, New Orleans, LA 70119
      View Details

    Property Visit Statistics

    • Visits by month
      2.2k
    • Visitors by month
      1.4k
    • Avg Time on site
      39 min
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    540 Cortez St
    New Orleans, LA 70119-4804
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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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