Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space with High Visibility Title is generated by Realmo AI

    C-2850 Manhattan Blvd, Harvey, LA 70058

    View on Map
    Claim this Listing
    For Lease
    $3,700/Mo $13 SF/Yr (calc)

    Retail space with high traffic and open layout available for rent.

    Property size:
    3,188 SF
    Added:
    Jul 15, 2024
    Days on Market:
    687
    Last Refresh:
    May 25 at 10:57 pm

    Property Features for C-2850 Manhattan Blvd

    General Information

    Standard status
    Active
    Size
    3,188 SF

    We can help!

    Listing Contact
    Robert Wolfe
    Robert Wolfe

    Listing agent Robert Wolfe License #000001251

    Listing office Robert Wolfe Real Estate, Inc.

    Listing date Jul 15, 2024

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Robert Wolfe Real Estate, Inc.

    HighLights

    • Excellent location with high traffic visibility on Manhattan
    • High‑end front façade
    • Open space with high ceilings
    • Multiple restrooms
    • Office space available
    • Shared parking lot

    Overview

    This retail space offers an excellent location with high traffic visibility, providing front exposure on Manhattan Boulevard. The unit features an open space with high ceilings, multiple restrooms, and office space. The facade is designed to be inviting for various retail needs. A shared parking lot facilitates client access. The property size is 3188 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Harvey
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0711737
    Latitude
    29.9110798

    Nearby Similar for Lease

    • $10,000/Mo
      3,694 SF

      Harvey, LA Prime Office Space

      Exceptional office space in Harvey, LA, ready for your business.
      1841 ENTERPRISE Drive, Harvey, LA 70058
      View Details
    • $3,500/Mo
      1,511 SF

      Office & Warehouse on Large Lot

      Versatile property with offices, warehouse, and storage on large lot.
      3821 DAY Street, Harvey, LA 70058
      View Details
    • Sponsored
      $129-$3,636/Mo
      11-1,292 SF

      Fountain Park

      1901 Manhattan Blvd, Unit Harvey Louisiana United States of America 70058, Harvey, LA 70058
      View Details
    • $7,400/Mo
      19,500 SF

      Office/Warehouse with Yard Space

      Office/warehouse space with yard, located near Westbank Expressway.
      1208 Peters Road, Harvey, LA 70058
      View Details
    • $12 SF/Yr
      13,013 SF

      Former Pharmacy Retail Space Available

      High-traffic retail space with drive-thru, sublease opportunity.
      1600 Lapalco Blvd, Harvey, LA 70058
      View Details
    • $2,500/Mo
      2,400 SF

      Modern Retail Space with Offices

      Retail space featuring reception, open area, breakroom, and offices.
      3700 Lapalco Blvd, Harvey, LA
      View Details
    • Contact for pricing
      12,117 SF

      Renovated Office/Warehouse with Secure Yard

      Renovated 12,117 SF office/warehouse with secure laydown yard.
      2579 Lester St, Harvey, LA 70058
      View Details
    • Contact for pricing
      9,800 SF

      Office Space in Rathborne Park

      9,800 SF office space available for lease.
      101 Pailet Dr, Harvey, LA 70058
      View Details
    • Contact for pricing
      2,560 SF

      Office Warehouse For Lease

      Office warehouse featuring private offices, open area, and kitchenette.
      505 Bark St, Harvey, LA 70058
      View Details
    • Contact for pricing
      8,050 SF

      Office Warehouse in Rathborne Park

      Office warehouse featuring ample parking and efficient access.
      181 Grefer Ln, Harvey, LA 70058
      View Details
    • Contact for pricing

      Westbank Industrial Corridor Location

      Industrial property with strong connectivity to regional transportation infrastructure.
      1925 Industrial Blvd, Harvey, LA 70058
      View Details
    • $22 SF/Yr
      10,500 SF

      Retail Spaces in Open-Air Center

      Retail spaces available in high-traffic shopping center.
      1731 Manhattan Blvd, Harvey, LA 70058
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic and open layout available for rent.
    Where is this retail space located?
    The property is located at C-2850 Manhattan Blvd Harvey, LA.
    What is the lease rate?
    The lease rate is $3,700 /Mo.
    What are key features of this property?
    This property features: Excellent location with high traffic visibility on Manhattan; High‑end front façade; Open space with high ceilings
    (504) 393-2445
    We can help!
    Listing Contact
    Robert Wolfe
    Robert Wolfe
    Real Estate License ID: 000001251
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    C-2850 Manhattan Blvd, Harvey, LA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!