5641 Morrison Rd New Orleans, LA 70126-1235
Property profile & analytics
5641 Morrison Rd New Orleans, LA 70126-1235
- Showrooms
- 15,160 SF
- 4.96 lot acres
Property ID
US36-0042193
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.
Location Intelligence
Current Use by Public Records
- Apple Bus Company / Corporate Office
- Durham School Services / Travel Agency / Tour Operator
Property Details for 5641 Morrison Rd
- Year built
- 1960
- Lot size
- 4.96 lot acres
- Property size
- 15,160 SF
- Property type
- Showrooms
- APN
- 39W015221
- APU
- 39W015221
Description
This exceptional 15,100-square-foot property in Orleans Parish's Northshore/N.O. East submarket presents a unique investment opportunity. The property consists of two buildings situated on a substantial 4.97-acre lot, offering ample space for a variety of industrial and office uses. One building comprises 11,500 square feet of open dock space, ideal for distribution or warehousing operations. The second building, a 3,600-square-foot structure constructed of engineered steel, provides grade-level access and additional functional space. The entire 15,100 square feet is currently vacant, allowing for complete customization to suit a single tenant's specific needs. The property boasts a 14-foot ceiling height throughout, providing generous vertical clearance for storage or equipment. Zoned L-I Light Industrial, this property is well-suited for a range of businesses. The expansive lot size offers significant potential for future expansion or outdoor storage. The property's location in the Northshore/N.O. East submarket provides convenient access to major transportation routes, enhancing logistical efficiency. This single-tenant property is ready for immediate occupancy. APN: 39W015221.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,974,000
Market price range: $597k - $2.50M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,570,000 Current use
- RETAIL STORES
- $2,245,000 Change: +43% Conversion: Easy
- OFFICE BUILDING
- $2,015,000 Change: +29% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,775,000 Change: +13% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,770,000 Change: +13% Conversion: Moderate
- MEDICAL BUILDING
- $1,755,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.0268
- Latitude
- 30.0269
- 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
$55,310
$22,740
$78,050
-
$553,100
$151,600
$704,700
