5335 FreretNew Orleans, LA 70115

  • Turn key restaurants
  • 2,997 SF
Off market
$1,186,800 Estimated

Property Details for 5335 Freret

Year built
1940
Lot size
0.12 AC
Property size (Sq ft)
2,997 SF
Property type
Turn key restaurants
APN
614331601
APU
614331601

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024

  • CAP approach

    CAP return
    Valuation
    6%
    $698,645
    6.5%
    $644,903
    7%
    $598,839

  • Comparable approach

    Method
    Valuation
    Relative Method
    $576,107
    Geo Method
    $536,903

  • Alternative Use

    Use
    Valuation
    Residential
    $544,000
    Hospitality
    $498,301
    Educational
    $414,581
    Medical
    $428,839
    Retail
    $644,903

Location Insight

City
New Orleans
County
Orleans
State
Louisiana
Latitude
29.9353
Longitude
-90.1109
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
-
$8,770
$63,570
$72,340
-
$87,700
$423,800
$511,500

Comparable in this City

  • 3454 Magazine

    RESTAURANT • 1,502 SF

    Estimated
    $824,320
    3454 Magazine
    New Orleans, LA
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  • 4920 Freret

    RESTAURANT • 2,075 SF

    Estimated
    $117,400
    4920 Freret
    New Orleans, LA
    View Details

  • 4905 Freret

    RESTAURANT • 3,211 SF

    Estimated
    $828,000
    4905 Freret
    New Orleans, LA
    View Details

  • 5001 Freret

    RESTAURANT • 4,970 SF

    Estimated
    $410,170
    5001 Freret
    New Orleans, LA
    View Details

  • 3629 Prytania

    RESTAURANT • 7,102 SF

    Estimated
    $180,330
    3629 Prytania
    New Orleans, LA
    View Details

  • 3607 Magazine

    RESTAURANT • 4,150 SF

    Estimated
    $1,711,200
    3607 Magazine
    New Orleans, LA
    View Details

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    Magazine Street Retail Space

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  • For Lease
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  • For Lease Call for price

    Magazine Street Executive Suites

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Property Visit Statistics

  • Visits by month
    16.6k
  • Visitors by month
    11.1k
  • Avg Time on site
    25 min

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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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