For Sale
$299,900
1405 HURON Avenue lot 17, Metairie, LA 70005
Vacant Land, Metairie, LA
Property Size1,525 SF
Lot Size0.17 Acres
Price / SF$196.66
Days on Market82
Property Features for 1405 HURON Avenue lot 17
General Information
Property type
Land
Property subtype
Other
Zoning
Res
Lot features
Oversized, Regular
Standard status
Active
APN
0820023252
Size
1,525 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
LOT 17 SQ 8 LAKESHORE 2543/326
Legal Description
LOT 17 SQ 8 LAKESHORE 2543/326
Utilities
Water source
Public
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Judy Walker · License #000003803
(504) 251-4142
Added: Jul 27
Changed: Aug 19
Last Checked: Oct 16 at 6:06PM
MLS# 2569525
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,192
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,840
$283.8K
Cap Rate 7%
$202,743
$202.7K
Cap Rate 9%
$157,689
$157.7K
Market Conditions
NOI Build-Up for 1,525 SF
Gross rent
$27.5K $18.00/SF
− Vacancy
−$1.6K −$1.08/SF
EGI
$25.8K $16.92/SF
− OpEx
−$11.6K −$7.61/SF
NOI
$14.2K $9.31/SF
Area
Metairie, LA
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,840
Cap Rate 7%
$202,743
Cap Rate 9%
$157,689
Alternative Uses
Best Use
Apartment 5plus
$202.7K
$177.4K – $236.5K
NOI $14,192 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$357.1K
$312.5K – $416.6K
NOI $24,998 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 70005, LA
25,431
Population
12,447
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
6,055
Density / Sq Mi
$86,048
Median Household Income
$53,258
Median Earnings
$1,160
Median Rent
$381,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
Where is this residential land & home lot located?
The property is located at 1405 HURON Avenue lot 17 Metairie, LA.
What is the asking price?
The asking price for this property is $299,900.
