Updated Six-Office
For Sale
Contact for pricing
200-3005 Harvard Ave, Metairie, LA 70001
Second-floor workspace includes flexible reception space, a kitchenette, structured Cat6 wiring, and dedicated parking.
Property Size1,300 SF
Price / SF$1.54
Days on Market56
Property Features for 200-3005 Harvard Ave
General Information
Standard status
Active
Size
1,300 SF
Total Parking Spaces
21
Additional Details
Floor
2
HOA Fee
$100
Office Units
1
Amenities
Cat6 Internet wiring throughout
Listing Agency:
Team Tatje Realtors, LLC
(504) 276-2668
Listed By:
Blaine Tatje · License #995712484
(504) 293-2460
Source:
Exprealty
Added: Aug 25
Changed: Oct 11
Last Checked: Oct 16 at 3:25PM
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 Team Tatje Realtors, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This updated second-floor office suite provides 1,300 square feet with six private offices, a spacious waiting area that can serve as flex space, and a kitchenette. Cat6 Internet wiring runs throughout the suite, supporting modern office operations and connectivity needs. Water is included, and the property provides 21 parking spaces for employees and visitors.
The suite is located at 200-3005 Harvard Ave in Metairie, approximately two blocks from Clearview and two blocks from Veterans. The configuration combines private work areas with shared reception or flexible-use space in a dedicated office setting.
The suite is located at 200-3005 Harvard Ave in Metairie, approximately two blocks from Clearview and two blocks from Veterans. The configuration combines private work areas with shared reception or flexible-use space in a dedicated office setting.
Key Highlights
- 1,300‑square‑foot second‑floor office suite
- Six private offices plus a large waiting and flex area
- Kitchenette and Cat6 Internet wiring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,631
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,620
$312.6K
Cap Rate 7%
$223,300
$223.3K
Cap Rate 9%
$173,678
$173.7K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$26.1K $20.04/SF
− Vacancy
−$5.2K −$4.01/SF
EGI
$20.8K $16.03/SF
− OpEx
−$5.2K −$4.01/SF
NOI
$15.6K $12.02/SF
Area
Metairie, LA
Vacancy
20.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,620
Cap Rate 7%
$223,300
Cap Rate 9%
$173,678
Alternative Uses
Best Use
Office B
$223.3K
$195.4K – $260.5K
NOI $15,631 @ 7.0% cap · market cap 781.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.4K
$266.4K – $355.2K
NOI $21,310 @ 7.0% cap · market cap 1,065.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
Explore this area
Business Placement
Demographics for 70001, LA
40,068
Population
19,103
Households
2.1
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
6,164
Density / Sq Mi
$70,187
Median Household Income
$43,662
Median Earnings
$1,145
Median Rent
$313,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Second-floor workspace includes flexible reception space, a kitchenette, structured Cat6 wiring, and dedicated parking.
Where is this office units located?
The property is located at 200-3005 Harvard Ave Metairie, LA.
What are key features of this property?
This property features: 1,300‑square‑foot second‑floor office suite; Six private offices plus a large waiting and flex area; Kitchenette and Cat6 Internet wiring throughout
