Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Free-standing Building with Drive-Thru Title is generated by Realmo AI

    1950 Barataria Blvd, Marrero, LA 70072

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    13,225 SF building with drive-thru lane and ample parking.

    Type:Retail
    Property size:
    13,225 SF
    Added:
    Nov 26, 2025
    Days on Market:
    187
    Last Refresh:
    May 9 at 2:25 am

    Property Features for 1950 Barataria Blvd

    General Information

    Standard status
    Active
    Size
    13,225 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2012

    We can help!

    Listing Contact
    Matthew Pittman, CCIM
    Matthew Pittman, CCIM

    Listing agent Matthew Pittman, CCIM License #LA #SALE.995682742-ACT

    Listing office

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Matthew Pittman, CCIM

    HighLights

    • Free‑standing ±13,225 SF building at a lighted intersection.
    • Excellent visibility in a high‑traffic area.
    • Ample parking with approximately 70 spaces.
    • Well‑maintained building with drive‑thru lane.
    • Dual ingress/egress on both Lapalco and Barataria Boulevards.
    • Proximity to major retailers (Walmart, Aldi, Home Depot, Lowe's, etc.).

    Overview

    This is a free-standing building offering approximately 13,225 square feet of space. The property benefits from a location at a lighted intersection and excellent visibility in a high-traffic area. It features a drive-thru lane and ample parking, with approximately 70 spaces available. Dual ingress and egress points are accessible from both Lapalco and Barataria Boulevards. A decommissioned billboard is located on the site. Nearby retailers include Walmart, Aldi, Home Depot, and Lowe's. The building is well maintained.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy UPS Access Point ... Courier Service CVS Pharmacy Pharmacy MoneyGram Bank

    Suggested Use

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

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

    Similar Places Nearby

    • Simply Gorgeous Flowers LLC — 2028 Paxton St Ste C, Harvey, LA 70058
    • M’s Faux Arrangements — 5248 Warwick Dr, Marrero, LA 70072
    • Eloquent Flowers & Accessories — 2028 Paxton St Ste C, Harvey, LA 70058

    Location Insight

    • Map
    • Local Demand
    City
    Marrero
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0989
    Latitude
    29.876

    Nearby Similar for Lease

    • $4,100/Mo
      3,280 SF

      Retail Space in Oakridge Center

      Retail space available for lease in Oakridge Shopping Center.
      1981 BARATARIA Boulevard C&D, Marrero, LA 70072
      View Details
    • $1,200/Mo
      800 SF

      Retail Space with Open Area

      Retail space available for lease with pylon signage.
      2273 Barataria Boulevard, Marrero, LA
      View Details
    • $1,950/Mo
      1,230 SF

      Versatile Commercial Space on Barataria

      Adaptable commercial space suitable for retail, office, medical, or food.
      1706 Barataria Blvd, Marrero, LA, 70072-4202
      View Details
    • Contact for pricing
      5,500 SF

      Retail Space in Marrero, LA

      Retail space available in a shopping center in Marrero.
      3176 Barataria Blvd., Marrero, LA 70072
      View Details
    • $11 SF/Yr

      Marrero Retail/Office Space Available

      Open floor plan, high traffic, ample parking in Marrero.
      5037 Lapalco Blvd, Marrero, LA 70072
      View Details
    • $17 SF/Yr
      10,900 SF

      Medical Office Space Available

      Highly visible medical office space for lease in Marrero, LA.
      1849 Barataria Blvd, Marrero, LA 70072
      View Details
    • $4 SF/Yr

      Grocery-Anchored Retail Center For Rent

      Retail center with ample parking and convenient access.
      1961 Barataria Blvd, Marrero, LA 70072
      View Details
    • $19 SF/Yr

      Marrero Medical and Office Space

      Medical and office spaces available for rent in Marrero.
      4700 Wichers Dr, Marrero, LA 70072
      View Details
    • $14 SF/Yr

      Commercial Building with Renovated Interior

      Commercial building with easy access and good parking.
      403 Barataria Blvd, Marrero, LA 70072
      View Details

    FAQs

    What type of property is this?
    Storefront property - 13,225 SF building with drive-thru lane and ample parking.
    Where is this storefront property located?
    The property is located at 1950 Barataria Blvd Marrero, LA.
    What are key features of this property?
    This property features: Free‑standing ±13,225 SF building at a lighted intersection.; Excellent visibility in a high‑traffic area.; Ample parking with approximately 70 spaces.
    (985) 630-7717
    We can help!
    Listing Contact
    Matthew Pittman, CCIM
    Matthew Pittman, CCIM
    Real Estate License ID: LA #SALE.995682742-ACT
    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
    1950 Barataria Blvd, Marrero, LA 70072
    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!