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Financial
Distress signals
Property profile

7100 Downman Rd New Orleans, LA 70126

FOR SALE
Drive through restaurants
Property ID
US36-0624444
1,320 SF 0.44 ac lot Built 1970
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional commercial property, located at 7100 Downman Rd in New Orleans, Louisiana, presents a lucrative investment opportunity. The 1,320 square foot building, constructed in 1970, sits on a single story and is zoned C-1, offering versatility for a variety of retail or restaurant uses. Previously occupied by a Papa John's Pizza restaurant, this location benefits from high visibility and significant daily traffic, estimated at approximately 17,000 cars. The asking price is $240,000,…

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$25k
Assessed land$7k
Assessed improvement$18k

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$210k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$608
Operating expenses−$9k
NOI · 8.69% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$189/SF
Submarket average, outlier-cleaned · 70 recorded sales of this use type
Observed band · Q1–Q3$91 – $297

Cap rate analysis

How does the asset earn?
8.69%
$21k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency43.5
Law Firm31.1
Restaurant28.7

Location

7100 Downman Rd New Orleans, LA 70126
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6510 Morrison, New Orleans, LA 70126-2702 $280,000 Mar 2024 4,117 SF
4628 Downman, New Orleans, LA 70126-3719 $77,100 Feb 2024 3,451 SF
8324 Morrison, New Orleans, LA 70126 $375,000 Sep 2023 2,409 SF
4326 Downman, New Orleans, LA 70126-3713 $545,000 Jun 2023 2,150 SF
4617 Downman, New Orleans, LA 70126-3718 $120,000 Feb 2023 2,015 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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