Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office/Warehouse with Secure Yard Title is generated by Realmo AI

    2579 Lester St, Harvey, LA 70058

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Renovated 12,117 SF office/warehouse with secure laydown yard.

    Type:Industrial
    Property size:
    12,117 SF
    Lot size:
    1.80 Acres
    Added:
    Aug 22, 2025
    Days on Market:
    265
    Last Refresh:
    Mar 21 at 8:09 pm

    Property Features for 2579 Lester St

    General Information

    Standard status
    Active
    Size
    12,117 SF
    Lot size
    1.80 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Adrien Foley
    Adrien Foley

    Listing agent Adrien Foley License #955716500

    Listing office Elifin Realty - New Orleans, LA

    Listing date Aug 22, 2025

    Source Crexi

    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 Elifin Realty - New Orleans, LA

    HighLights

    • ±12,117 SF renovated office/warehouse on ±1.8 acres.
    • Warehouse features 19.5’ clear height and front/rear/side access.
    • Secure laydown yard with additional land available.
    • Ample on‑site parking.
    • Includes ±1,000 SF of office space with four private offices.
    • Four roll‑up doors (two 16’ and two 12’ grade level doors).

    Overview

    The property at 2579 Lester St features a renovated cinder block office/warehouse offering approximately 12,117 square feet on approximately 1.8 acres. The facility includes about 1,000 square feet of office space, which contains four private offices, a break room, and two restrooms. The warehouse area provides a clear height of 19.5 feet and is accessible from the front, rear, and side via roll-up doors. It is equipped with two 16-foot grade-level doors and two 12-foot grade-level doors. Exterior features include ample on-site parking and a secure laydown yard. Additional land is available if needed. The property is located in Harvey, LA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Storage Post Self Storage — 2350 Brooklyn Ave, Harvey, LA 70058
    • Self-Storage at U-Haul — 2340 Lapalco Blvd, Harvey, LA 70058
    • Whipped Self Storage Units — 2136 Alamo Ave, Harvey, LA 70058

    Location Insight

    • Map
    • Local Demand
    City
    Harvey
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.070926
    Latitude
    29.879967

    Nearby Similar for Lease

    • $10,000/Mo

      Harvey, LA Prime Office Space

      Exceptional office space in Harvey, LA, ready for your business.
      1841 ENTERPRISE Drive, Harvey, LA 70058
      View Details
    • $3,500/Mo

      Office & Warehouse on Large Lot

      Versatile property with offices, warehouse, and storage on large lot.
      3821 DAY Street, Harvey, LA 70058
      View Details
    • $7,400/Mo

      Office/Warehouse with Yard Space

      Office/warehouse space with yard, located near Westbank Expressway.
      1208 Peters Road, Harvey, LA 70058
      View Details
    • Sponsored
      Contact for pricing

      Fountain Park

      1901 Manhattan Blvd, Unit Harvey Louisiana United States of America 70058, Harvey, LA 70058
      View Details
    • $12 SF/Yr

      Former Pharmacy Retail Space Available

      High-traffic retail space with drive-thru, sublease opportunity.
      1600 Lapalco Blvd, Harvey, LA 70058
      View Details
    • $2,500/Mo

      Modern Retail Space with Offices

      Retail space featuring reception, open area, breakroom, and offices.
      3700 Lapalco Blvd, Harvey, LA
      View Details
    • Contact for pricing

      Office Space in Rathborne Park

      9,800 SF office space available for lease.
      101 Pailet Dr, Harvey, LA 70058
      View Details
    • Contact for pricing

      Office Warehouse For Lease

      Office warehouse featuring private offices, open area, and kitchenette.
      505 Bark St, Harvey, LA 70058
      View Details
    • Contact for pricing

      Office Warehouse in Rathborne Park

      Office warehouse featuring ample parking and efficient access.
      181 Grefer Ln, Harvey, LA 70058
      View Details
    • Contact for pricing

      Office Units For Rent

      Two office units available for rent, utilities included.
      1901 Westbank Expy, Harvey, LA 70058
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Harvey, Louisiana.
      1208 Peters Rd, Harvey, LA 70058
      View Details
    • Contact for pricing

      Retail Spaces in Open-Air Center

      Retail spaces available in high-traffic shopping center.
      1731 Manhattan Blvd, Harvey, LA 70058
      View Details

    FAQs

    What type of property is this?
    Warehouse - Renovated 12,117 SF office/warehouse with secure laydown yard.
    Where is this warehouse located?
    The property is located at 2579 Lester St Harvey, LA.
    What are key features of this property?
    This property features: ±12,117 SF renovated office/warehouse on ±1.8 acres.; Warehouse features **19.5’ clear height** and front/rear/side access.; Secure laydown yard with additional land available.
    (800) 895-9329 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adrien Foley
    Adrien Foley
    Real Estate License ID: 955716500
    Learn More
    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
    2579 Lester St, Harvey, LA 70058
    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!