7007 Read Blvd, New Orleans, LA 70127 - Valuation report, cap rates, free data

7007 Read Blvd, New Orleans, LA 70127

Indicative value *
$0.2M - $0.2M
* 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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  • Residential district area with 74% of people residing in the area and 26% commuting here for work
  • Gentrifying area
  • On a highway, highway score is 99 (out of 100)
  • Neighbors include: Liberty Tax Service
  • A number of amenities in the area, but not many
  • Area has average popularity with foot traffic score of 72 (out of 100)
  • Medium population density of 3,206/sq.mi. in 0.3mi and 2,256/sq.mi. in 3mi
  • Population has average level of education with 30% of people with bachelor degrees
  • 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, Cajun Seafood, Popeyes Louisiana Kitchen
  • Medium-sized business tenants in the area, including Lake Forest Ventures Inc.
  • Low retail growth
  • Low household income of $30,625/year in 0.3mi and $31,846/year in 3mi
  • Limited public transit with transit score of 3 (out of 100)
  • Limited business growth
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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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