Building Details

Year built 1974

Floors in Building 1

Building materials Brick, Stucco, Vinyl Siding

Listing Agency: Prime Real Estate Partners LLC · Prudential Real Estate j**@joypatin.com Show Phone

Listed By: Wendy L Touchard · License #995704709 Show Phone

Added: Aug 21 Changed: Oct 23 Last Checked: Oct 23 at 10:06PM

Report an Issue

MLS# 2568256

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 1,212-square-foot office building includes a reception area with room for a conference setup, 3-4 private offices, and one restroom. The enclosed carport could be reopened to connect with the backyard, where additional parking may be possible. A replacement roof was installed on 10/17/2022.

The property is on Athania Parkway, with access to N. Causeway Boulevard, Veterans Memorial Boulevard, and I-10. It is zoned BC2 and was built in 1974. Public water and sewer serve the property.

Key Highlights

• 1,212‑square‑foot office building with 3‑4 private offices
• BC2 zoning
• Reception area with space for a conference setup and one restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,573

Cap Rate

5.30%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$291,460 $291.5K

Cap Rate 7%

$208,186 $208.2K

Cap Rate 9%

$161,922 $161.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,212 SF

Gross rent

$24.3K $20.04/SF

− Vacancy

−$4.9K −$4.01/SF

EGI

$19.4K $16.03/SF

− OpEx

−$4.9K −$4.01/SF

NOI

$14.6K $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%

$291,460

Cap Rate 7%

$208,186

Cap Rate 9%

$161,922

Alternative Uses

Best Use

Office B

$208.2K

$182.2K – $242.9K (±1% cap)

NOI $14,573 @ 7.0% cap · market cap 5.30%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$283.8K

$248.3K – $331.1K (±1% cap)

NOI $19,867 @ 7.0% cap · market cap 7.22%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Acadian Veterinary hospital Veterinary Clinic Acadian Veterinary Clinic Veterinary Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

3,015

Businesses Nearby

Explore this area Business Placement

Demographics for 70002, LA

19,857

Population

9,585

Households

2.1

Avg Household Size

40

Median Age

50%

College-Educated

95%

High-School Grad

3.2 sq mi

ZIP Area

6,205

Density / Sq Mi

$65,576

Median Household Income

$50,983

Median Earnings

$1,128

Median Rent

$379,400

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Similar For Sale Nearby

See more

Freestanding Office Building

1513 Clearview Pkwy., Metairie, LA 70001

$349,000

1,480 SF

View details

Renovated Metairie Commercial/Office Building

2882 Cleary Ave, Metairie, LA 70002

$490,000

1,820 SF

View details

Two-Unit Office Building

3409-11 Metairie Rd, Metairie, LA 70001

$850,000

2,061 SF

View details

Renovated Office Building

300 Codifer Blvd, Metairie, LA 70005

Contact for pricing

816 SF

View details

Two-Story Office Building

3009 Lime St, Metairie, LA 70006

$600,000

3,600 SF

View details

3-Unit Office Building

4737 Sanford St, Metairie, LA 70006

$599,000

5,661 SF

View details

Two-Story Professional Office Building

2309 N Hullen St, Metairie, LA 70001

$999,997

4,600 SF

View details

11-Unit Office Building

2305 N HULLEN Street, Metairie, LA 70001

$895,000

6,228 SF

View details

Two-Building Office Property

3000 26TH Street, Metairie, LA 70002

$1,200,000

5,540 SF

View details

Office Building with Remodel in Progress

3613 18th St, Metairie, LA 70002

Contact for pricing

View details

Four-Suite Office Building

2628 METAIRIE LAWN Drive, Metairie, LA 70002

$1,950,000

11,500 SF

View details

Office Building with Rear Parking

5250 VETERANS MEMORIAL BLVD, Metairie, LA 70006

Contact for pricing

7,000 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - BC2 zoning and a reception area provide a functional framework for office use.

Where is this office building located?

The property is located at 2628 ATHANIA Parkway Metairie, LA.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: 1,212‑square‑foot office building with 3‑4 private offices; BC2 zoning; Reception area with space for a conference setup and one restroom