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    1401 South Clearview Pkwy Jefferson, LA 70121

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    For Lease
    $6 SF/Yr

    Sublease space available near Clearview/Earhart Interchange until April 2026.

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    Listing Contact
    Ryan Pearce
    Source: Naiglobal

    Listing Agent: Ryan Pearce

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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    Property Insight Report

    Overview

    Industrial Space Sublease Opportunity

    A sublease opportunity exists for a section of a larger 97,725 square foot space. The primary tenant's lease expires on April 14, 2026. The available space ranges from approximately 19,000 to 27,000 square feet. Occupancy will be shared, and subdivision will be secured by a chain-link fence installed along the columns. The sublease is subject to landlord approval. The property is directly adjacent to the South Clearview/Earhart Interchange. Between four and six dock-high doors are available, depending on the size of the space subleased. The space includes one restroom. The property is located at 1401 South Clearview Parkway, Jefferson, LA 70121.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunbelt Rentals Flooring ... (Bike/Boat/Book/etc) Store Port Cargo Services Freight Service Sunbelt Rentals Climate ... HVAC Service Mastec Business Service Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Elmwood Records Center, Elmwood Self Storage & Wine Cellar, Iron Mountain, Cajun Distribution Services Inc, PODS New Orleans

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.184719
    Latitude
    29.9633

    Nearby Similar for Lease

    • $6 SF/Yr
      29,900 SF

      Industrial Building with Climate Control

      Industrial building featuring climate-controlled warehouse space and gated yard.
      5635 Powell St, Jefferson, LA 70123
      View Details

    FAQs

    What type of property is this?
    Warehouse - Sublease space available near Clearview/Earhart Interchange until April 2026.
    Where is this warehouse located?
    The property is located at 1401 South Clearview Pkwy Jefferson, LA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location directly adjacent to S Clearview / Earhart Interchange.; - Sublease opportunity for a significant space ranging from +/- 19,000 to 27,000 SqFt.; - Benefit from four (4) to six (6) dock high doors, depending on subleased area.
    (504) 444-1503
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    1401 South Clearview Pkwy Jefferson, LA 70121
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    Jefferson, LA 70121
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1401 South Clearview Pkwy Jefferson, LA 70121
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    We can help!
    Listing Contact
    Ryan Pearce
    Real Estate License ID: #0995682184
    (504) 444-1503 (504) 569-9312
    Learn more
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