5770 Read Blvd, New Orleans, LA 70127 - Valuation report, cap rates, free data
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5770 Read Blvd, New Orleans, LA 70127

Indicative value *
$6M - $7.3M
* 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
95
Value decline
risk score
98
Value growth
potential score
  • Residential district area with 71% of people residing in the area and 29% commuting here for work
  • Popular area with foot traffic score of 81 (out of 100)
  • Close to highway, highway score is 95 (out of 100)
  • Neighbors include: Lowe's Home Improvement
  • A number of amenities in the area, but not many
  • Medium population density of 2,691/sq.mi. in 0.3mi and 2,225/sq.mi. in 3mi
  • A number of amenities within walking distance but not many, including restaurants Salads Galore & More, Burritos Grill Mexican Fresh Cuisine, Burritos Grill Mexican Fresh Cuisine, Red Apple, Cajun Seafood
  • Medium-sized business tenants in the area, including Lake Forest Ventures Inc.
  • Low retail growth
  • Low household income of $23,528/year in 0.3mi and $31,798/year in 3mi
  • Limited public transit with transit score of 0 (out of 100)
  • Limited business growth
  • Population has low level of education with 16% of people with bachelor degrees
  • USA / Louisiana / 70127 / 5770 Read Blvd, New Orleans, LA 70127, USA Sign up for free property alerts
    Size
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    Estimated
    cap rate
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    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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