Commercial Real Estate in New Orleans – Page 4 | Reonomy

Commercial Real Estate in New Orleans – Page 4

Unlock property data on 78,615 commercial properties in New Orleans. Search through New Orleans property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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New Orleans commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Louisiana New Orleans
Average price/sqft $908 $2,492 $2,606
Average sold price $1,082,211 $456,535 $387,535
Median sold price $198,823 $138,270 $184,981
Number of sales 2,792,236 34,798 4,452
Number of sales over $250k 1,189,680 9,886 1,850
Number of sales over $1m 269,060 1,450 182
Number of sales over $10m 36,917 154 11
Average total tax amount $7,139 $1,850 $3,649
Average assessed value $251,540 $15,216 $26,374
Average market value $356,178 $124,261 $236,643

New Orleans commercial real estate property averages

Property averages United States Louisiana New Orleans
Average lot size 815,738 sf 791,583 sf 92,254 sf
Median lot size 24,462 sf 43,560 sf 4,487 sf
Average building area 1,078 sf 150 sf 114 sf
Median building area 77 sf 66 sf 77 sf
Median year built 1970 1972 1939
Average number of units 16 13 4
Median number of units 2 2 2

New Orleans commercial real estate total supply

Supply United States Louisiana New Orleans
Number of parcels 58,466,290 1,039,031 79,792
Aggregate lot acerage 1,005,212,641 169,527,821 18,989,978
Aggregate building area 8,055,154,382 sf 8,633,306 sf 1,958,519 sf
Aggregate units 89,982,073 364,329 75,667

New Orleans commercial real estate industrial mortgages

Debt United States Louisiana New Orleans
Number of mortgages 41,919,085 198,189 30,947
Average value of mortgages $5,197,153 $11,490,442 $4,963,784

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