Covered Parking Office
2901 N CAUSEWAY Boulevard Unit 201 Metairie, LA 70002
For Sale
$475,000
Two office condominiums with open, flexible layouts, private offices, conference rooms, and abundant covered parking.
Property Size2,080 SF
Price / SF$228.37
Days on Market381
Property Features for 2901 N CAUSEWAY Boulevard Unit 201
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1984
Listing Agency:
(804) 513-9309
Listed By:
Stirling Properties
(804) 513-9309
Source:
Xome
Added: Jul 9, 2025
Changed: Jul 21
Last Checked: Jul 24 at 5:22AM
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 Stirling Properties
Investment Insights
Based on property information with market context.
Two office condominiums at 2901 N. Causeway Boulevard are available for lease or purchase. Both suites are designed for flexible use, featuring open floor plans with private offices and conference rooms, and they receive excellent natural light.
The property is positioned by the intersection of N. Causeway and Veterans Boulevards, with convenient access to Interstate 10. It sits near Lakeside Shopping Center, and the remarks note it is within walking distance of Trader Joe’s and other retail and dining amenities.
The building offers abundant covered parking, supporting an easy, client-friendly arrival. These suites are presented as a fit for an owner-occupant or a tenant seeking a high-quality office environment in Metairie.
The property is positioned by the intersection of N. Causeway and Veterans Boulevards, with convenient access to Interstate 10. It sits near Lakeside Shopping Center, and the remarks note it is within walking distance of Trader Joe’s and other retail and dining amenities.
The building offers abundant covered parking, supporting an easy, client-friendly arrival. These suites are presented as a fit for an owner-occupant or a tenant seeking a high-quality office environment in Metairie.
Key Highlights
- Two office condominiums at 2901 N. Causeway Boulevard, Metairie, LA (Year built: 1984).
- Zoned BC2 and offered for lease or purchase.
- Abundant covered parking with parking provided for the units.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $20.04 |
| − Vacancy | −$8.3k | −$4.01 |
| EGI | $33.3k | $16.03 |
| − OpEx | −$8.3k | −$4.01 |
| NOI | $25.0k | $12.02 |
2,080 SF · lease $20.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$357.3K
$312.6K – $416.8K
NOI $25,010 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$487.1K
$426.2K – $568.3K
NOI $34,096 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Adam Levanway: Allstate ...
Insurance Agency
Demand Benefits
Insurance Agency
Prudential Insurance Co
Insurance Agency
William E Brierre ...
Law Firm
Christopher R Schwartz ...
Law Firm
FAQs
What type of property is this?
Office units - Two office condominiums with open, flexible layouts, private offices, conference rooms, and abundant covered parking.
Where is this office units located?
The property is located at 2901 N CAUSEWAY Boulevard Unit 201 Metairie, LA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two office condominiums at 2901 N. Causeway Boulevard, Metairie, LA (Year built: 1984).; Zoned BC2 and offered for lease or purchase.; Abundant covered parking with parking provided for the units.
