Property profile

5508 Magazine St New Orleans, LA 70115

OFF-MARKET
Investment properties
Property ID
US36-0720936
4,775 SF 0.09 ac lot Built 1920
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Total area 4,775 SF
Lot 0.09 ac (3,960 SF)
APN 614122901
UPID US36-0720936

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
  • (Bike/Boat/Book/etc) Store Arcade & Gaming Center

Location

5508 Magazine St New Orleans, LA 70115-3152
New Orleans metro Census 11400 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$895k
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

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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