Realmo Analytics

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Financial
Distress signals
Property profile

622 Frenchmen St New Orleans, LA 70116

FOR SALE
Investment properties
Property ID
US36-0735824
3,956 SF 0.07 ac lot Built 1900
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$58k
Assessed land$11k
Assessed improvement$47k

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$225k
NOI build-up
Gross scheduled income$98k
Vacancy & credit loss−$2k
Operating expenses−$29k
NOI · 3.35% cap applied$67k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
3.35%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office25.9
Kitchen & Bath11.8
Daycare Center11.4

Location

622 Frenchmen St New Orleans, LA 70116
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1307 Decatur, New Orleans, LA 70116-2609 $175,000 Aug 2024 3,640 SF
1017 Touro, New Orleans, LA 70116-1639 $40,000 Dec 2023 3,370 SF
1502 Derbigny, New Orleans, LA 70116 $500,000 Jul 2022 3,372 SF
1527 Basin, New Orleans, LA 70116 $250,000 Mar 2022 4,144 SF
1025 Decatur, New Orleans, LA 70116-3309 $2,178,625 Nov 2021 4,284 SF
1100 Bourbon, New Orleans, LA 70116-2710 $1,600,000 Jul 2021 4,260 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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