1544 Manhattan Boulevard Harvey, LA 70058
1544 Manhattan Boulevard, Harvey, LA, 70058
$3,000,000
For Sale
$3,000,000
Retail space
Property Size14,490 SF
Price / SF$207.04
Days on Market27
Property Features for 1544 Manhattan Boulevard
General Information
- Standard status
- Active
- Size
- 14,490 SF
- Property subtype
- Retail
Listing agency
(504) 583-1119
Listed by
Victoria Waguespack
(504) 583-1119
Source
Beaubox
Added: Jun 25 Updated: Jul 21 at 1:12PM Checked: Jul 21 at 1:12PM
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 Victoria Waguespack
Investment Insights
Based on property information with market context.
Key Highlights
- 14,490 SF commercial building
- Located on Manhattan Blvd
- Prominent frontage along a busy thoroughfare for vehicular and foot traffic exposure
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $333.8k | $23.04 |
| − Vacancy | −$6.7k | −$0.46 |
| EGI | $327.2k | $22.58 |
| − OpEx | −$98.2k | −$6.77 |
| NOI | $229.0k | $15.81 |
14,490 SF · lease $23.04/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.27M
$2.86M – $3.82M
NOI $229,021 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.82M
$3.35M – $4.46M
NOI $267,601 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jamie B. Knight, ...
Pharmacy
Gena L. Nickelson, ...
Pharmacy
Western Union
Bank
Similar For Sale Nearby
FAQs
Where is this retail space located?
The property is located at 1544 Manhattan Boulevard Harvey, LA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 14,490 SF commercial building; Located on Manhattan Blvd; Prominent frontage along a busy thoroughfare for vehicular and foot traffic exposure
