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    167 Harbor Cir New Orleans, LA 70126

    For Sale
    $350,000

    4,500 SF Industrial Building - $350K

    Property size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,500-square-foot flex space industrial property, located at 167 Harbor Circle in New Orleans, Louisiana, presents a unique investment opportunity. Priced at $350,000 ($77.78/SF), the property sits on approximately one acre of land (200' x 217'), offering ample space and potential for diverse uses. The building itself comprises a versatile layout including approximately 3,000 square feet of office space, a 1,500-square-foot garage, and approximately 14,600 square feet of covered parking. This combination of office, garage, and extensive covered parking makes it suitable for a variety of businesses. The property is zoned H-1, providing flexibility for future development or adaptation. Its past uses as a tow yard and school bus lot demonstrate its adaptability and resilience. While currently offered for sale, the property is also available for lease at $2,350 per month, triple net (NNN). Situated in Orleans Parish, with a zip code of 70126, this property offers excellent access to New Orleans' vibrant infrastructure and business community. The location's versatility and ample space make it an attractive option for entrepreneurs and investors seeking a flexible and well-positioned industrial property. This is a rare opportunity to acquire a substantial property with significant potential in a desirable New Orleans location.

    Property Features for 167 Harbor Cir

    General Information

    Property type
    Flex space
    Square Feet
    4,500 SF

    HighLights

    • 4,500 SF flex space industrial property in New Orleans, LA.
    • Priced at $350,000 ($77.78/SF).
    • Situated on approximately one acre (200' x 217').
    • Features 3,000 SF of office space and a 1,500 SF garage.
    • Includes approximately 14,600 SF of covered parking.
    • Zoned H‑1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donavan Transportation Services Transportation Service OnDemandTrucking&Towing Towing Service Terrell Towing LLC Towing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0292841
    Latitude
    30.0292107

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    FAQs

    What type of property is this?
    Flex space - 4,500 SF Industrial Building - $350K
    Where is this flex space located?
    The property is located at 167 Harbor Cir New Orleans, LA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 4,500 SF flex space industrial property in New Orleans, LA.; Priced at $350,000 ($77.78/SF).; Situated on approximately one acre (200' x 217').
    Request Owner's contact information
    167 Harbor Cir New Orleans, LA 70126
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    New Orleans, LA 70126
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    167 Harbor Cir New Orleans, LA 70126
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