Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4300 S Interstate 10 Service Rd E Metairie, LA 70001

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Affordable office space with utilities included and free parking.

    Type:Office
    Added:
    Nov 10, 2023
    Days on Market:
    902
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for 4300 S Interstate 10 Service Rd E

    General Information

    Standard status
    Active
    Property subtype
    Office

    Building Details

    Year Built
    1981

    Spaces For Lease

    at 4300 S Interstate 10 Service Rd E Contact us

    We can help!

    Listing Contact
    Chase Ganier

    Listing agent Chase Ganier License #LA

    Listing office 1st Lake Properties

    Listing date Nov 10, 2023

    Source Crexi

    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 1st Lake Properties

    Overview

    Metairie Office Space For Rent

    Office space is available for rent in Metairie, LA, located at 4300 S I-10 Service Road, near the intersection of I-10 at Houma Boulevard near Clearview Parkway. The location is a short drive to Louis Armstrong International Airport and near hotels, restaurants, and retail at Clearview Mall. The available office suites include free parking, and all utilities are provided. The property features atrium gardens and flowing streams. Single offices and multi-office suites with conference rooms and kitchenettes are available. Architects can assist in designing office space to suit specific needs. Ask about one month free rent.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Metairie
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1664
    Latitude
    29.984

    Nearby Similar for Lease

    • $2,250/Mo

      Charming Cottage Style Office Space

      Cottage-style office space near Metairie Rd with strong visibility.
      110 RIDGELAKE Drive, Metairie, LA 70001
      View Details
    • $500/Mo

      Metairie Office Space For Rent

      Upstairs office space with natural light and shared amenities.
      1510 VETERANS MEMORIAL Boulevard, Metairie, LA 70005
      View Details
    • $1,000/Mo

      Metairie Office Space For Rent

      Upstairs office space available in Metairie, Louisiana.
      1510 VETERANS MEMORIAL Boulevard, Metairie, LA 70005
      View Details
    • $1,000/Mo

      Versatile Space on Veterans Blvd

      1248 sqft space ideal for retail, office, or salon.
      700 PHOSPHOR Avenue, Metairie, LA 70005
      View Details
    • $1,200/Mo

      Metairie Office Suite For Rent

      Updated office suite in central Metairie location available for rent.
      3005 HARVARD Avenue, Metairie, LA 70006
      View Details
    • $8,333/Mo

      New Retail Center in Metairie

      New retail strip center with high visibility in Metairie, LA.
      3730 AIRLINE Drive, Metairie, LA 70001
      View Details
    • $13,156/Mo

      New Retail Center in Metairie

      High-visibility retail space in a newly constructed Metairie center.
      3730 AIRLINE Drive, Metairie, LA 70001
      View Details
    • $5,208/Mo

      New Retail Center in Metairie

      New retail strip center with high visibility in Metairie.
      3730 AIRLINE Drive, Metairie, LA 70001
      View Details
    • $1,100/Mo

      Metairie Office Space For Rent

      Upstairs office space with utilities and internet included.
      1510 VETERANS MEMORIAL Boulevard, Metairie, LA 70005
      View Details
    • $2,469/Mo

      New Retail Center in Metairie

      New retail space for lease in high-traffic Metairie location.
      3730 AIRLINE Drive, Metairie, LA 70001
      View Details
    • $4,200/Mo

      Metairie Retail/Office Space Available

      First floor retail/office space in the heart of Metairie.
      1510 VETERANS MEMORIAL Boulevard, Metairie, LA 70001
      View Details
    • $14,463/Mo

      Veterans Boulevard Commercial Space

      6,942 SF space on Veterans Boulevard available for lease.
      4517 VETERANS Boulevard, Metairie, LA 70006
      View Details

    FAQs

    What type of property is this?
    Office units - Affordable office space with utilities included and free parking.
    Where is this office units located?
    The property is located at 4300 S Interstate 10 Service Rd E Metairie, LA.
    What are key features of this property?
    This property features: Convenient location near I‑10, Houma Boulevard, and Clearview Parkway.; Proximity to Louis Armstrong International Airport, hotels, restaurants, and Clearview Mall.; Free parking and all utilities included.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Chase Ganier
    Real Estate License ID: LA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!