2507 CanalNew Orleans, LA 70119

  • Turn key restaurants
  • 5,586 SF
Off market
$1,415,880 Estimated

Property Details for 2507 Canal

Year built
1900
Lot size
0.14 AC
Property size (Sq ft)
5,586 SF
Property type
Turn key restaurants
APN
206203611
APU
206203611

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $978,011
    6.5%
    $902,779
    7%
    $838,295

  • Comparable approach

    Method
    Valuation
    Relative Method
    $443,149
    Geo Method
    $412,993

  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,720,990
    Mixed-Use / Specialty
    $915,529
    Hospitality / Lodging
    $692,483
    Office
    $926,721
    Institutional / Educational
    $957,488
    Residential Income
    $1,120,260
    Multifamily
    $1,255,060
    Automotive / Energy
    $820,704
    Parking / Income-Based Land
    $267,439
    Restaurant / Food Service
    $510,251
    Healthcare / Senior Housing
    $922,483

Location Insight

City
New Orleans
County
Orleans
State
Louisiana
Latitude
29.9643
Longitude
-90.0848
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
-
$21,550
$35,180
$56,730
-
$215,500
$234,500
$450,000

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Property Visit Statistics

  • Visits by month
    10.4k
  • Visitors by month
    10.8k
  • Avg Time on site
    34 min

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Canal
New Orleans, LA 70119

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New Orleans, LA 70119

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

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