Second-Floor Office
For Sale
Contact for pricing
3129 Edenborn Ave, Metairie, LA 70002
Move-in ready office suite in a dedicated architect building, offering private offices plus an open work area.
Property Size2,430 SF
Price / SF$0.01
Days on Market140
Property Features for 3129 Edenborn Ave
General Information
Standard status
Active
Size
2,430 SF
Class
B
Property subtype
Office
Lease Term
$16 SF/yr (MG)
Additional Details
Office Units
3
Building Details
Building Size
2,430 SF
Properties For Sale
at 3129 Edenborn Ave Contact usSuite 200
Size
1,215 SF
Type
Office Building
Term
Negotiable
Suite 201
Size
1,215 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Elifin Realty
Listed By:
Noah Loveland · License #995711824
(225) 955-8546
Source:
Elifinrealty
Added: Jun 2
Changed: Oct 7
Last Checked: Oct 16 at 7:03AM
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
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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 ±1,215 SF second-floor office suite is located within the ClS Architects building. The space is configured with three offices, one open area, and includes a private restroom and a breakroom. The suite also benefits from secure parking located in the rear of the building, and TI can be made available for qualified tenants.
The property is part of an established professional setting, with the suite positioned on the second level of the building. Parking access is available at the rear through a secure arrangement.
The layout supports a variety of professional uses that need a mix of collaboration and privacy, including office-based teams that want defined workspaces alongside an open area. The presence of both a restroom and breakroom helps accommodate day-to-day operations, while potential tenant improvements can support tailored finishes for the right qualified tenant or buyer.
The property is part of an established professional setting, with the suite positioned on the second level of the building. Parking access is available at the rear through a secure arrangement.
The layout supports a variety of professional uses that need a mix of collaboration and privacy, including office-based teams that want defined workspaces alongside an open area. The presence of both a restroom and breakroom helps accommodate day-to-day operations, while potential tenant improvements can support tailored finishes for the right qualified tenant or buyer.
Key Highlights
- 1,215 SF second‑floor office suite in the ClS Architects building
- Suite layout includes 3 offices, 1 open area, and 1 private restroom
- Includes a breakroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,609
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,180
$292.2K
Cap Rate 7%
$208,700
$208.7K
Cap Rate 9%
$162,322
$162.3K
Market Conditions
NOI Build-Up for 1,215 SF
Gross rent
$24.3K $20.04/SF
− Vacancy
−$4.9K −$4.01/SF
EGI
$19.5K $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%
$292,180
Cap Rate 7%
$208,700
Cap Rate 9%
$162,322
Alternative Uses
Best Use
Office B
$208.7K
$182.6K – $243.5K
NOI $14,609 @ 7.0% cap · market cap 91,306.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$284.5K
$249.0K – $332.0K
NOI $19,917 @ 7.0% cap · market cap 124,481.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
3,930
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office suite in a dedicated architect building, offering private offices plus an open work area.
Where is this office units located?
The property is located at 3129 Edenborn Ave Metairie, LA.
What are key features of this property?
This property features: 1,215 SF second‑floor office suite in the ClS Architects building; Suite layout includes 3 offices, 1 open area, and 1 private restroom; Includes a breakroom
