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    Property profile & analytics

    8324 Morrison Rd New Orleans, LA 70126

    • Banks
    • 2,409 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Sep 12, 2023
    $375,000
    Location Intelligence
    Property ID
    US36-0315580
    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.

    Current Use by Public Records

    • Banks

    Property Details for 8324 Morrison Rd

    Year built
    1960
    Lot size
    0.46 lot acres
    Property size
    2,409 SF
    Property type
    Banks
    APN
    39W039301
    APU
    39W039301

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -89.997
    Latitude
    30.035
    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
    $6,000
    $1,730
    $7,730
    -
    $60,000
    $11,500
    $71,500

    Comparable in this City

    • Value Estimation
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      View Details
    • Value Estimation by Request
      1.00 Acre

      5701 France Rd

      SHOW ROOM, WAREHOUSE • 1.00 Acre
      5701 France Rd, New Orleans, LA 70126
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    • Value Estimation by Request
      22,720 SF

      3855 France Rd

      SHOW ROOM, WAREHOUSE • 22,720 SF
      3855 France Rd, New Orleans, LA 70126-6923
      View Details
    • Value Estimation by Request
      2,160 SF

      6318 Hayne Blvd

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      6318 Hayne Blvd, New Orleans, LA 70126-1411
      View Details
    • Value Estimation by Request
      5,788 SF

      6054 Hayne Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,788 SF
      6054 Hayne Blvd, New Orleans, LA 70126-1348
      View Details
    • Value Estimation by Request
      21,056 SF

      5650 Hayne Blvd

      SHOW ROOM, WAREHOUSE • 21,056 SF
      5650 Hayne Blvd, New Orleans, LA 70126-1124
      View Details

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      Versatile commercial property with high visibility and traffic.
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    8324 Morrison Rd
    New Orleans, LA 70126
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    Realmo Value Estimation

    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.

    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.

    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
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