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    2450 Severn Ave Metairie, LA 70001

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    For Lease
    $19 SF/Yr ($7,597 /Mo)

    Well-maintained office building in a prime Metairie location.

    Property size:
    4,616 SF
    Lot size:
    2.83 Acres

    Property Features for 2450 Severn Ave

    General Information

    Size
    4,616 SF
    Lot size
    2.83 Acres

    Source: Vallon Real Estate Agent George Nalley

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

    Overview

    Metairie Office Space For Lease

    The property at 2450 Severn Ave, constructed in 1982, offers 4,616 square feet of rentable office space within an 86,175 square foot building. The building has been under the management and ownership of EiBri, LLC since October 2015 and underwent capital improvements in 2022. Parking is available in an at-grade parking lot. Situated in the Metairie, Louisiana suburban office market, Severn Place benefits from a central location on the South I-10 Service Road near Causeway Boulevard, providing convenient access to Interstate 10 and the North Shore area. The location is near hotels, restaurants, and the Lakeside shopping district. The property is located ten minutes from Louis Armstrong International Airport and the city's Central Business District.
    Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service ADT Security Services Security Service Nalley, Dew and Miner Law Firm Tiffanie Bourgeois Nurse Practitioner Iron Workers Mid-South ... Labor Union

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1607021
    Latitude
    29.9966075

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    FAQs

    What type of property is this?
    Office space - Well-maintained office building in a prime Metairie location.
    Where is this office space located?
    The property is located at 2450 Severn Ave Metairie, LA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Metairie, LA, on the South I-10 Service Road near Causeway Boulevard.; - Easy access to Interstate 10 and the North Shore area.; - **86,175 rentable square feet of space.**
    (504) 282-7831
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    Metairie, LA 70001
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    Realmo Value Estimation

    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.

    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.

    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
    2450 Severn Ave Metairie, LA 70001
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