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    Turn-Key Automotive Shop with Overhead Doors Title is generated by Realmo AI

    3212 26th St, Metairie, LA 70002

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    New
    For Lease
    $8,500/Mo $20 SF/Yr (calc)

    Turn-key automotive shop with three 14' overhead doors and two-post lifts; seconds to I-10, BC2 zoned.

    Type:Retail
    Property size:
    5,000 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 2 at 2:15 am

    Property Features for 3212 26th St

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Retail

    Spaces For Lease

    at 3212 26th St Contact us

    We can help!

    Listing Contact
    Brady Becker
    Brady Becker

    Listing agent Brady Becker License #955716500

    Listing office Elifin Realty

    Listing date Jun 2, 2026

    Source Elifinrealty

    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 Elifin Realty

    HighLights

    • ±5,000 SF turn‑key automotive shop
    • Three 14' overhead doors
    • Two 2‑post lifts; equipment can remain or be removed
    • Available for sale and lease
    • Seconds to I‑10 near Veterans Blvd and N Causeway Blvd
    • Zoned BC2 Business Core District

    Overview

    3212 26th St is a turn-key automotive shop now available for sale and lease. The facility offers a functional service layout designed for day-to-day vehicle work, with three 14’ overhead doors providing straightforward vehicle access. Two 2-post lifts are in place to support service and maintenance workflows. The available equipment can remain with the space or be removed, depending on the next operator’s equipment needs, helping streamline move-in timing.

    Positioned just seconds from I-10, the property benefits from convenient regional connectivity. The site is also identified near Veterans Blvd and N Causeway Blvd, supporting accessibility for employees and customers. The property is zoned BC2 Business Core District.

    This configuration typically fits automotive service tenants seeking an efficient shop environment with existing lift and bay infrastructure. With overhead door access and operational equipment already available, the space can support a range of vehicle service and repair uses consistent with the BC2 zoning designation. Whether you’re looking to launch a new operation or relocate an existing shop, the turn-key nature and flexible equipment arrangement offer practical advantages for planning a smooth transition.
    Location Intelligence

    Current Use by Public Records

    The Bimmers Clinic, Inc. ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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

    • GKP roadside & towing — 2301 Edenborn Ave APT 801, Metairie, LA 70001, United States
    • Lakeside Toyota Collision Center — 3224 36th St, Metairie, LA 70001
    • David Bruchis Investments — 3011 w napoleon ave, metairie, la 70001
    • Direct Towing & Auto Sales — 2412 Caswell Ln, Metairie, LA 70001
    • Lakeside Collision — W Napoleon Ave, Metairie, LA 70001

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1562388
    Latitude
    30.0009512

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    FAQs

    What type of property is this?
    Auto shop - Turn-key automotive shop with three 14' overhead doors and two-post lifts; seconds to I-10, BC2 zoned.
    Where is this auto shop located?
    The property is located at 3212 26th St Metairie, LA.
    What is the lease rate?
    The lease rate is $8,500 /Mo.
    What are key features of this property?
    This property features: ±5,000 SF turn‑key automotive shop; Three 14' overhead doors; Two 2‑post lifts; equipment can remain or be removed
    (985) 703-1140
    We can help!
    Listing Contact
    Brady Becker
    Brady Becker
    Real Estate License ID: 955716500
    Learn More
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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.

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