Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    760 Harrison Ave New Orleans, LA 70124-3156
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    760 Harrison Ave New Orleans, LA 70124-3156

    View on Map
    • Drug stores
    • 10,080 SF
    • 0.15 lot acres
    Off-Market
    Property ID
    US36-0584016
    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.
    Value Estimations
    $945,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Walgreens Photo / (Bike/Boat/Book/etc) Store
    • FedEx OnSite / Postal Service / Courier Service
    • higi / Physician
    • Walgreens / Pharmacy
    • Nga Tran / Pharmacy

    Property Details for 760 Harrison Ave

    Year built
    1995
    Lot size
    0.15 lot acres
    Property size
    10,080 SF
    Property type
    Drug stores
    APN
    206400726
    APU
    206400726

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,234,000
      Market price range: $576k - $2.36M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,490,000
      Current use
      OFFICE BUILDING
      $1,340,000
      Change: -10% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.1066
    Latitude
    30.0043
    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
    $0.00
    $134,960
    $134,960
    -
    $0.00
    $899,700
    $899,700

    Comparable in this City

    • Value Estimation
      $1,805,000
      14,620 SF

      101 Allen Toussaint Blvd

      DRUG STORE, PHARMACY • 14,620 SF
      101 Allen Toussaint Blvd, New Orleans, LA 70124-2560
      View Details
    • Value Estimation by Request
      1,663 SF

      6250 General Diaz St

      RETAIL STORES (PERSONAL SERVICES) • 1,663 SF
      6250 General Diaz St, New Orleans, LA 70124-3037
      View Details
    • Value Estimation by Request
      3,094 SF

      130 Harrison Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,094 SF
      130 Harrison Ave, New Orleans, LA 70124-2010
      View Details
    • Value Estimation by Request
      5,850 SF

      123 Allen Toussaint Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,850 SF
      123 Allen Toussaint Blvd, New Orleans, LA 70124-2534
      View Details
    • Value Estimation by Request
      1,769 SF

      117 Allen Toussaint Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,769 SF
      117 Allen Toussaint Blvd, New Orleans, LA 70124-2534
      View Details
    • Value Estimation by Request
      2,890 SF

      241 Harrison Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,890 SF
      241 Harrison Ave, New Orleans, LA 70124-1302
      View Details

    Similar Nearby for Sale

    • $356,250
      2,380 SF

      Townhome Style Duplex in New Orleans

      Duplex with fenced yards and storage in New Orleans.
      6266-6268 Bellaire Dr, New Orleans, LA 70124
      View Details
    • $435,000
      3,228 SF

      Lakeview Duplex Near Harrison Avenue

      Spacious duplex in Lakeview, near shops and restaurants.
      6620 Canal Blvd, New Orleans, LA 70124
      View Details
    • $356,250
      2,380 SF

      Lakeview Duplex with Carport

      Duplex in Lakeview with carport, storage, and fenced backyard.
      6262-6264 Bellaire Dr, New Orleans, LA 70124
      View Details
    • $349,000
      0.19 Acres

      Oversized Lot in Lakeview

      Rare opportunity to build in a desirable Lakeview location.
      6341 12Th St, New Orleans, LA 70124
      View Details
    • $265,000
      0.16 Acres

      Lakeview Vacant Lot Opportunity

      Vacant lot in desirable Lakeview neighborhood, New Orleans.
      337 Stafford Pl, New Orleans, LA 70124
      View Details
    • New
      $550,000
      2,700 SF

      Updated Duplex in Lakeview

      Income-producing duplex with modern updates and classic New Orleans charm.
      6942-6944 Canal Blvd, New Orleans, LA 70124
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      6,078 SF

      Canal Blvd Building with Parking

      Building with parking lot available for sale or lease.
      5325 Canal Blvd, New Orleans, LA 70124
      View Details
    • $2,676 /Mo
      790 SF

      Retail Space on Canal Boulevard

      Retail space available for lease on Canal Boulevard.
      5555 Canal Blvd, New Orleans, LA 70124
      View Details
    • Contact for pricing

      Lakeview Retail Opportunity

      Versatile retail space in the heart of Lakeview, New Orleans.
      7211 Regent St, New Orleans, LA 70124
      View Details
    • $13 SF/Yr

      Lakeview Office/Retail Sublease Opportunity

      Office/retail space available for sublease in Lakeview, New Orleans.
      7039 Canal Blvd, New Orleans, LA 70124
      View Details
    • Contact for pricing
      1,505 SF

      Renovated Office Space in Lakeview

      Renovated office space in Lakeview with private offices and lounge.
      130 Harrison Ave, New Orleans, LA 70124
      View Details
    • $1,750 /Mo

      Spacious Lakeview Home For Rent

      Two-bedroom, one-bath home in Lakeview, New Orleans, with modern amenities.
      6325 Colbert St, New Orleans, LA 70124
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    760 Harrison Ave
    New Orleans, LA 70124-3156
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!