2200 Westbend Pkwy, New Orleans, LA 70114 - Valuation report, cap rates, free data
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2200 Westbend Pkwy, New Orleans, LA 70114

Indicative value *
$4.4M - $5.3M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
99
Value decline
risk score
85
Value growth
potential score
  • Residential district area with 94% of people residing in the area and 6% commuting here for work
  • Close to highway, highway score is 90 (out of 100)
  • Medium population density of 5,945/sq.mi. in 0.3mi and 3,977/sq.mi. in 3mi
  • Area has average popularity with foot traffic score of 54 (out of 100)
  • Within or relatively close to an urban center
  • A number of amenities within walking distance but not many, including restaurants Seafood Zone, China House, McDonald's, Subway
  • Low household income of $25,827/year in 0.3mi and medium household income of $42,313/year in 3mi
  • Low retail growth
  • Limited public transit with transit score of 4 (out of 100)
  • Population has low level of education with 14% of people with bachelor degrees
  • Limited business growth
  • Low job growth in the area (within 3mi radius)
  • Employers in the area are small-size businesses, including Crossroads Louisiana Inc, Job Link, Deltha Corporation, Compu-Cure, Triumph Krav Maga, Julien Engineering & Consulting, Inc., Macarthur Primary Care Center, Street Smarts Krav Maga Inc, Richard Village Aurora Dental Center Inc., Ernest D. Kelly, Design the Planet, LLC
  • USA / Louisiana / 70114 / 2200 Westbend Pkwy, New Orleans, LA 70114, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    169
    39940
    04/05/19
    Multi-Family
    27
    111111
    01/17/19
    Multi-Family
    94
    42553
    05/10/18
    Multi-Family
    21
    85714
    05/07/18
    Multi-Family
    96
    80729
    04/16/18
    Multi-Family
    52
    68750
    12/08/17
    Multi-Family
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Population Density

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