Technical
Financial
Distress signals
Property profile

7007 Read Blvd New Orleans, LA 70127

OFF-MARKET
Auto shops
Property ID
US36-0673363
2,614 SF 0.23 ac lot Built 1980
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1980
Total area 2,614 SF
Lot 0.23 ac (9,990 SF)
APN 39W075501
UPID US36-0673363

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
  • Auto Repair Shop
  • Loan Service

Location

7007 Read Blvd New Orleans, LA 70127-2221
New Orleans metro Census 1739 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$930k

Owner & transaction history

since 2023
Last sale
$1.2M
3 recorded transactions
2023
$1.2M
2023
$140,000
2023
Price N/A

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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