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    5740 Citrus Blvd New Orleans, LA 70123

    For Lease
    $17 SF/Yr

    Prime Office Space Available; Multiple Suites

    Lot size:
    28,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional Elmwood office property, located in Jefferson Parish, offers multiple suite options within a Class B, two-story building totaling 28,800 square feet. Currently, 2,906 square feet are available for lease, distributed across three distinct suites. Suite 102 boasts 8 offices, a clerical area, two bathrooms, and a kitchen. Suite 103 features a private office, reception area, conference room, kitchen, bathroom, and open workspace. Finally, Suite 106 includes a reception area, five offices, a conference room, kitchen, and three bathrooms. Suite sizes range from 1,299 to 2,906 square feet, providing flexibility for various business needs. The property is zoned MU-2, allowing for a range of commercial uses. Tenants are responsible for janitorial services and electricity. A unique benefit is the opportunity to install signage on the pylon sign located on Citrus Boulevard, enhancing visibility and brand recognition. This presents a fantastic opportunity for businesses seeking well-appointed office space in a convenient location. The building is a traditional office structure, offering a classic and functional workspace. Inquire today to secure your ideal office suite.

    Property Features for 5740 Citrus Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,800 SF
    Class
    B
    Total Rate
    42600

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 102
    Size
    2,906 SF
    Rate per SF
    $17
    Space
    Suite 103
    Size
    1,299 SF
    Rate per SF
    $20
    Space
    Suite 106
    Size
    2,514 SF
    Rate per SF
    $18

    HighLights

    • 28,800 square foot, Class B office building in Jefferson Parish.
    • Multiple tenancy with 2,906 square feet currently vacant.
    • Two‑story building with MU‑2 zoning.
    • Three available suites ranging from 1,299 to 2,906 square feet.
    • Tenants responsible for utilities and janitorial services.
    • Pylon signage available on Citrus Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    MD Claiborne Dermatology: ... Dermatologist Martin D Martin Dermatologist William Charles Cole ... Dermatologist MD Claiborne Dermatology: ... Dermatologist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1998197
    Latitude
    29.9638592

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space Available; Multiple Suites
    Where is this office property / space located?
    The property is located at 5740 Citrus Blvd New Orleans, LA.
    What is the lease rate?
    The lease rate is $17-$20 SF/Yr.
    What are key features of this property?
    This property features: 28,800 square foot, Class B office building in Jefferson Parish.; Multiple tenancy with 2,906 square feet currently vacant.; Two-story building with MU-2 zoning.
    Request Owner's contact information
    5740 Citrus Blvd New Orleans, LA 70123
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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
    5740 Citrus Blvd New Orleans, LA 70123
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