Automotive Service
For Sale
Contact for pricing
3212 26th St, Metairie, LA 70002
Automotive service facility with three 14’ overhead doors and two 2-post lifts.
Property Size5,000 SF
Price / SF$1.70
Days on Market274
Property Features for 3212 26th St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Zoning
BC2
Lease Type
Gross
Site & Location
Neighborhood
Rosedale North
Highway Access
Yes
Road Access
Yes
Listing Agency:
Elifin Realty
Listed By:
Brady Becker · License #9006927
(985) 703-1140
Source:
Lacdb.resimplifi
Added: Jan 28
Changed: Oct 26
Last Checked: Oct 28 at 4:41AM
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 automotive service facility includes three 14’ overhead doors and two 2-post lifts, supporting efficient vehicle servicing and in-bay operations. Available equipment may remain or be removed, depending on the incoming buyer’s plans.
The property is seconds from I-10, Veterans Blvd, and N Causeway Blvd. It is zoned BC2 Business Core District.
As a versatile automotive-focused building, the improvements are centered on drive-in access and lift capacity for servicing operations.
The property is seconds from I-10, Veterans Blvd, and N Causeway Blvd. It is zoned BC2 Business Core District.
As a versatile automotive-focused building, the improvements are centered on drive-in access and lift capacity for servicing operations.
Key Highlights
- Automotive service facility with three 14’ overhead doors
- Includes two 2‑post lifts for vehicle service
- Zoned BC2 Business Core District
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,083
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,660
$1.2M
Cap Rate 7%
$858,329
$858.3K
Cap Rate 9%
$667,589
$667.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$91.8K $18.36/SF
− Vacancy
−$6.0K −$1.19/SF
EGI
$85.8K $17.17/SF
− OpEx
−$25.7K −$5.15/SF
NOI
$60.1K $12.02/SF
Area
Metairie, LA
Vacancy
6.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,660
Cap Rate 7%
$858,329
Cap Rate 9%
$667,589
Alternative Uses
Best Use
Retail
$894.9K
$783.0K – $1.04M
NOI $62,643 @ 7.0% cap · market cap 736.98%
Second Best
Industrial
$858.3K
$751.0K – $1.00M
NOI $60,083 @ 7.0% cap · market cap 706.86%
Theoretical Best
Office A
$1.17M
$1.02M – $1.37M
NOI $81,961 @ 7.0% cap · market cap 964.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,221
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Safeguard Self Storage
Shops & Services
1,281 visits/mo
0.5 miles
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 Retail in South region
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- Direct Towing & Auto Sales — 2412 Caswell Ln, Metairie, LA 70001
- GKP roadside & towing — 2301 Edenborn Ave APT 801, Metairie, LA 70001, United States
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive service facility with three 14’ overhead doors and two 2-post lifts.
Where is this auto shop located?
The property is located at 3212 26th St Metairie, LA.
What are key features of this property?
This property features: Automotive service facility with three 14’ overhead doors; Includes two 2‑post lifts for vehicle service; Zoned BC2 Business Core District
