Commercial Real Estate in New Orleans – Page 7 | Reonomy

Commercial Real Estate in New Orleans – Page 7

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 $198,430 $140,063 $184,951
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 -- 791,739 sf 92,254 sf
Median lot size -- 43,560 sf 4,490 sf
Average building area -- 150 sf 114 sf
Median building area -- 66 sf 77 sf
Median year built -- 1972 1940
Average number of units -- 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 -- 169,527,651 18,989,978
Aggregate building area -- 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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