7041 ReadNew Orleans, LA 70127

  • Retail properties
  • 3,261 SF
Off market
$5,176,150 Estimated

Property Details for 7041 Read

Year built
1970
Construction
FRAME
Lot size
0.52 AC
Property size (Sq ft)
3,261 SF
Property type
Retail properties
Property subtype
Retail space
APN
39W016363
APU
39W016363

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $760,187
    6.5%
    $701,711
    7%
    $651,589
  • Comparable approach

    Method
    Valuation
    Relative Method
    $626,855
    Geo Method
    $584,198
  • Alternative Use

    Use
    Valuation
    Residential
    $591,920
    Hospitality
    $542,195
    Educational
    $451,100
    Medical
    $466,614
    Retail
    $701,711
7041 Read, New Orleans, Louisiana

Location Insight

City
New Orleans
County
Orleans
State
Louisiana
Latitude
30.0394
Longitude
-89.9771
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
-
$6,750
$20,390
$27,140
-
$67,500
$135,900
$203,400

FAQs

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