Commercial Real Estate in New Orleans – Page 6 | Reonomy

Commercial Real Estate in New Orleans – Page 6

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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Reonomy attracts a large community of New Orleans commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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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 $902 $2,566 $2,606
Average sold price $977,667 $475,343 $387,535
Median sold price $198,993 $140,063 $184,979
Number of sales 2,619,546 32,069 4,452
Number of sales over $250k 1,116,847 9,234 1,850
Number of sales over $1m 252,938 1,379 182
Number of sales over $10m 34,725 150 11
Average total tax amount $7,209 $1,862 $3,649
Average assessed value $251,442 $15,418 $26,374
Average market value $357,014 $125,850 $236,643

New Orleans commercial real estate property averages

Property averages United States Louisiana New Orleans
Average lot size 815,735 sf 791,739 sf 92,254 sf
Median lot size 24,494 sf 43,560 sf 4,488 sf
Average building area 1,078 sf 150 sf 114 sf
Median building area 77 sf 66 sf 77 sf
Median year built -- 1972 1940
Average number of units 16 13 4
Median number of units -- 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 1,005,120,554 169,527,651 18,989,978
Aggregate building area 8,055,126,468 sf 8,633,306 sf 1,958,519 sf
Aggregate units -- 364,327 75,667

New Orleans commercial real estate industrial mortgages

Debt United States Louisiana New Orleans
Number of mortgages -- 198,188 30,947
Average value of mortgages -- $11,490,489 $4,963,784

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