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    Property profile & analytics

    5650 Read Blvd New Orleans, LA 70127

    • Medical offices
    • 53,716 SF
    • 1.71 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-0368711
    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

    • Fresenius Medical Care at United Medical, Rehab / Medical Clinic
    • NOLA Solar Co / Solar Energy Equipment Supplier
    • Big Easy Deck Solutions / Deck Builder
    • Big Easy Tree Service / Tree Service

    Property Details for 5650 Read Blvd

    Year built
    1940
    Construction
    FRAME
    Lot size
    1.71 lot acres
    Property size
    53,716 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    39W016354
    APU
    39W016354

    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
    -89.9732
    Latitude
    30.0315
    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
    $22,350
    $71,480
    $93,830
    -
    $223,500
    $476,500
    $700,000

    Comparable in this City

    • Value Estimation by Request
      3,300 SF

      9235 Lk Frst Blvd

      MEDICAL CLINIC • 3,300 SF
      9235 Lk Frst Blvd, New Orleans, LA 70127-3043
      View Details
    • Value Estimation
      $345,000
      4,990 SF

      8080 Crowder Blvd

      MEDICAL CLINIC • 4,990 SF
      8080 Crowder Blvd, New Orleans, LA 70127-1077
      View Details
    • Value Estimation
      $285,000
      4,760 SF

      8070 Crowder Blvd

      MEDICAL CLINIC • 4,760 SF
      8070 Crowder Blvd, New Orleans, LA 70127-1063
      View Details
    • Value Estimation by Request
      205,380 SF

      5620 Read Blvd

      MEDICAL CLINIC • 205,380 SF
      5620 Read Blvd, New Orleans, LA 70127-3106
      View Details
    • Value Estimation
      $225,000
      3,753 SF

      8060 Crowder Blvd

      MEDICAL CLINIC • 3,753 SF
      8060 Crowder Blvd, New Orleans, LA 70127-1063
      View Details
    • Value Estimation
      $215,000
      3,689 SF

      7033 Read Ln

      MEDICAL CLINIC • 3,689 SF
      7033 Read Ln, New Orleans, LA 70127-2366
      View Details

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      Freestanding Retail Building For Lease

      Freestanding retail building with ample parking and convenient accessibility.
      7401 Read Blvd, New Orleans, LA 70127
      View Details

    Property Visit Statistics

    • Visits by month
      16.8k
    • Visitors by month
      11.0k
    • Avg Time on site
      10 min
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    5650 Read Blvd
    New Orleans, LA 70127
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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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