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Financial
Distress signals
Property profile

5641 Morrison Rd New Orleans, LA 70126

OFF-MARKET
Showrooms
Property ID
US36-0042193
15,160 SF 4.96 ac lot Built 1960
Last sale Feb 2009 · $591,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$78k
Assessed land$55k
Assessed improvement$23k

Value estimate

· Oct 2026
$1.47M
$1.32M – $1.62M
Submarket $/SF estimate$1.97M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
Submarket average, outlier-cleaned · 236 recorded sales of this use type
Observed band · Q1–Q3$39 – $165
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORLEANS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.5
Law Firm27.1
Building Supply23.8

Location

5641 Morrison Rd New Orleans, LA 70126-1235
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5800 Morrison, New Orleans, LA 70126-1240 $98,733 Dec 2025 12,266 SF
7801 Townsend, New Orleans, LA 70126-1115 $850,000 Dec 2024 21,353 SF
172 Hbr, New Orleans, LA 70126 $675,000 Aug 2024 20,424 SF
3750 Alvar, New Orleans, LA 70126-5502 $487,500 Jun 2024 10,890 SF
3632 Desire, New Orleans, LA 70126 $510,000 Sep 2023 15,522 SF
6760 Chef Menteur, New Orleans, LA 70126 $20,000 Apr 2022 9,374 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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