Renovated Office
For Sale
$475,000
4600 JEFFERSON Highway, Jefferson, LA 70121
Commercial, Jefferson, LA
Property Size2,455 SF
Lot Size0.17 Acres
Price / SF$193.48
Days on Market134
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Property Features for 4600 JEFFERSON Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Parking features
Off Street
Lot features
Corner
Subdivision
Old Jefferson
Standard status
Active
APN
0700004626
Size
2,455 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
LOTS 1 & 2 SQ 4 JEFFERSON HGTS
Legal Description
LOTS 1 & 2 SQ 4 JEFFERSON HGTS
Utilities
Water source
Public
Amenities
full kitchen
conference room
storage
security system
surveillance cameras
ADA ramp
landscaping
irrigation system
Building Details
Year built
1944
Floors in Building
2
Listing Agency:
Realty One Group Immobilia
(504) 405-3211
Listed By:
Kim Catalano · License #000050350
(504) 462-0734
Added: Jun 4
Changed: Sep 5
Last Checked: Oct 15 at 3:06PM
MLS# 2551636
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story office building offers 2,455 square feet of workspace on a 50-by-150-foot corner lot. The first floor includes a reception area, two private offices, a full kitchen, two half baths, storage, and a large work or conference room. Two additional private offices and a full bath are located upstairs, creating a practical layout for office operations and meetings.
The property at 4600 Jefferson Highway is near New Orleans, Elmwood, and the Westbank of Jefferson Parish, with reported traffic exceeding 30,000 vehicles per day. Improvements include renovation work completed in 2019–2020, a security and fire system installed in 2020, a roof installed in 2021, an ADA ramp added in 2022, and landscaping, irrigation, and electrical upgrades completed in 2023. The hot water heater was replaced in 2024. Additional features include public water, off-street parking, an X flood zone, and a termite contract.
The property at 4600 Jefferson Highway is near New Orleans, Elmwood, and the Westbank of Jefferson Parish, with reported traffic exceeding 30,000 vehicles per day. Improvements include renovation work completed in 2019–2020, a security and fire system installed in 2020, a roof installed in 2021, an ADA ramp added in 2022, and landscaping, irrigation, and electrical upgrades completed in 2023. The hot water heater was replaced in 2024. Additional features include public water, off-street parking, an X flood zone, and a termite contract.
Key Highlights
- 2,455‑square‑foot office building on a 50X150 corner lot
- Four private offices, reception area, kitchen, conference/work space, storage, and three bathrooms
- Renovated in 2019‑2020 with new flooring, paint, bathroom fixtures, and plumbing improvements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,187
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,740
$723.7K
Cap Rate 7%
$516,957
$517.0K
Cap Rate 9%
$402,078
$402.1K
Market Conditions
NOI Build-Up for 2,455 SF
Gross rent
$56.0K $22.80/SF
− Vacancy
−$7.7K −$3.15/SF
EGI
$48.2K $19.65/SF
− OpEx
−$12.1K −$4.91/SF
NOI
$36.2K $14.74/SF
Area
New Orleans, LA
Vacancy
13.80%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,740
Cap Rate 7%
$516,957
Cap Rate 9%
$402,078
Alternative Uses
Best Use
Office B
$517.0K
$452.3K – $603.1K
NOI $36,187 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$624.0K
$546.0K – $728.0K
NOI $43,679 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
Explore this area
Business Placement
Demographics for 70121, LA
11,523
Population
6,415
Households
1.8
Avg Household Size
46
Median Age
36%
College-Educated
88%
High-School Grad
3.3 sq mi
ZIP Area
3,492
Density / Sq Mi
$59,029
Median Household Income
$40,151
Median Earnings
$1,113
Median Rent
$237,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story office property with private offices, kitchen facilities, conference space, storage, and off-street parking.
Where is this office building located?
The property is located at 4600 JEFFERSON Highway Jefferson, 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: 2,455‑square‑foot office building on a 50X150 corner lot; Four private offices, reception area, kitchen, conference/work space, storage, and three bathrooms; Renovated in 2019‑2020 with new flooring, paint, bathroom fixtures, and plumbing improvements
