Property profile

5831 Magazine St New Orleans, LA 70115

OFF-MARKET
Turn key restaurants
Property ID
US36-0231719
1,753 SF 0.1 ac lot Built 1910
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1910
Total area 1,753 SF
Lot 0.1 ac (4,200 SF)
APN 615103202
UPID US36-0231719

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
  • Restaurant

Location

5831 Magazine St New Orleans, LA 70115-3218
New Orleans metro Census 11600 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2011
1 recorded transaction
2011
$580,000

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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