Renovated Office
For Sale
$269,000
213 - 215 oak Street, Harahan, LA 70123
C-2-zoned office property with a fully paved lot and two separate sides for occupancy flexibility.
Property Size1,247 SF
Price / SF$215.72
Days on Market159
Property Features for 213 - 215 oak Street
General Information
Standard status
Active
Size
1,247 SF
Property subtype
Office
Zoning
C-2
Amenities
Water
Sewer
Listing Agency:
Nola Living Realty
Listed By:
Eric Hernandez · License #995689934
(504) 259-7945
Source:
Lacdb.resimplifi
Added: May 8
Changed: Oct 5
Last Checked: Oct 12 at 4:34PM
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 Nola Living Realty
Investment Insights
Based on property information with market context.
This renovated office property at 213–215 Oak Street includes two separate sides within a C-2-zoned commercial asset. The configuration supports an owner-user arrangement in which one side can be occupied while the other is leased for income, subject to applicable requirements.
The property includes a fully paved lot and is located in Harahan, Louisiana, 70123. Its office-unit layout provides a practical basis for combining business operations with rental use in the same building.
The property includes a fully paved lot and is located in Harahan, Louisiana, 70123. Its office-unit layout provides a practical basis for combining business operations with rental use in the same building.
Key Highlights
- C‑2 zoning
- Two separate office sides support owner occupancy and leasing flexibility
- Fully paved lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,355
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,100
$347.1K
Cap Rate 7%
$247,929
$247.9K
Cap Rate 9%
$192,833
$192.8K
Market Conditions
NOI Build-Up for 1,247 SF
Gross rent
$27.4K $21.96/SF
− Vacancy
−$4.2K −$3.40/SF
EGI
$23.1K $18.56/SF
− OpEx
−$5.8K −$4.64/SF
NOI
$17.4K $13.92/SF
Area
ZIP 70123
Vacancy
15.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,100
Cap Rate 7%
$247,929
Cap Rate 9%
$192,833
Alternative Uses
Best Use
Office B
$247.9K
$216.9K – $289.3K
NOI $17,355 @ 7.0% cap · market cap 6.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.9K
$279.9K – $373.2K
NOI $22,393 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,499
Businesses Nearby
Explore this area
Business Placement
Demographics for 70123, LA
27,346
Population
14,297
Households
1.9
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
3,598
Density / Sq Mi
$82,639
Median Household Income
$52,709
Median Earnings
$1,310
Median Rent
$318,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - C-2-zoned office property with a fully paved lot and two separate sides for occupancy flexibility.
Where is this office units located?
The property is located at 213 - 215 oak Street Harahan, LA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: C‑2 zoning; Two separate office sides support owner occupancy and leasing flexibility; Fully paved lot
