Flexible Live-Work
For Sale
$299,000
917 Hickory Ave, Harahan, LA 70123
Three-bedroom layout includes a bonus room suited to office use and a combination residential-commercial configuration.
Property Size1,697 SF
Price / SF$176.19
Days on Market48
Property Features for 917 Hickory Ave
General Information
Standard status
Active
Size
1,697 SF
Zoning
C2
Building Details
Year Built
1950
Listing Agency:
RE/MAX N.O. Properties
Listed By:
Jill Wren · License #000071771
(504) 717-7727
Source:
Fiorellaavenue
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 7 at 3:21PM
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 RE/MAX N.O. Properties
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Investment Insights
Based on property information with market context.
This live-work property in Harahan presents a flexible layout with three bedrooms, two full bathrooms, and a bonus room identified for office use. The property can accommodate either residential or commercial occupancy, providing a configuration suited to a range of live-work arrangements and small-business applications.
Constructed in 1950, the property is located at 917 Hickory Ave in Harahan, Louisiana. C2 zoning is in place, and the existing floor plan combines residential-style rooms with space that can function as an office. The address is within the 70123 ZIP code.
Constructed in 1950, the property is located at 917 Hickory Ave in Harahan, Louisiana. C2 zoning is in place, and the existing floor plan combines residential-style rooms with space that can function as an office. The address is within the 70123 ZIP code.
Key Highlights
- Three‑bedroom, two‑bathroom layout
- Bonus room suited to office use
- C2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,617
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,340
$472.3K
Cap Rate 7%
$337,386
$337.4K
Cap Rate 9%
$262,411
$262.4K
Market Conditions
NOI Build-Up for 1,697 SF
Gross rent
$37.3K $21.96/SF
− Vacancy
−$5.8K −$3.40/SF
EGI
$31.5K $18.56/SF
− OpEx
−$7.9K −$4.64/SF
NOI
$23.6K $13.92/SF
Area
ZIP 70123
Vacancy
15.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$472,340
Cap Rate 7%
$337,386
Cap Rate 9%
$262,411
Alternative Uses
Best Use
Office B
$337.4K
$295.2K – $393.6K
NOI $23,617 @ 7.0% cap · market cap 7.90%
Second Best
Mixed Use
$294.6K
$257.7K – $343.7K
NOI $20,619 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$435.3K
$380.9K – $507.9K
NOI $30,473 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
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Business Placement
Demographics for 70123, LA
27,346
Population
14,297
Households
1.9
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
3,598
Density / Sq Mi
$82,639
Median Household Income
$52,709
Median Earnings
$1,310
Median Rent
$318,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Three-bedroom layout includes a bonus room suited to office use and a combination residential-commercial configuration.
Where is this live-work space located?
The property is located at 917 Hickory Ave Harahan, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom layout; Bonus room suited to office use; C2 zoning
