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    6314 Jefferson Hwy Harahan, LA 70123

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    For Sale
    Contact for pricing

    C2 Zoned, High-Traffic Location, $750,000

    Property Features for 6314 Jefferson Hwy

    General Information

    Property type
    Mixed-use properties

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    Listing Contact
    Celso Hernandez

    Listing Agency: NOLA Living Realty Listing Agent: Celso Hernandez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional mixed-use property, located at 6314 Jefferson Hwy in Harahan, Louisiana, presents a compelling investment opportunity. Priced at $750,000, the property boasts a highly desirable C2 zoning classification, opening doors to a wide array of commercial ventures. Situated in Jefferson Parish, with a zip code of 70123, this location benefits from excellent visibility and accessibility along a major thoroughfare. The property's versatile zoning allows for numerous potential uses, making it an ideal choice for entrepreneurs seeking a flexible and adaptable space. The precise square footage and specific building details are not currently available, but interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their intended purpose. Given its prime location and flexible zoning, this mixed-use space represents a significant opportunity for investors seeking a strong return on investment in a thriving Louisiana market. The property's latitude and longitude coordinates are 29.9371012 and -90.1920687 respectively. Further information regarding the property's specifics can be obtained upon request. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Harahan
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1920687
    Latitude
    29.9371012

    Nearby Similar for Sale

    • $3,200,000
      16,428 SF

      Anchored Retail Center on Jefferson Highway

      93% leased retail center with diverse tenants and high visibility.
      8225-8233 Jefferson Hwy, Harahan, LA 70123
      View Details
    • $3,200,000
      16,428 SF

      Harahan Retail Investment Opportunity

      93% leased retail center anchored by Dollar Tree.
      8225-8233 Jefferson Hwy, Harahan, LA 70123
      View Details
    • $1,400,000
      9,065 SF

      Harahan Office Building For Sale

      Solid office building with rental space and parking.
      1425 Sams Ave, Harahan, LA 70123
      View Details
    • $2,700,000
      0.55 Acres

      Harahan Industrial Property: Turnkey Opportunity

      ±12,000 SF Flex Warehouse, Dual Income
      124 Laitram Ln, Harahan, LA 70123
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - C2 Zoned, High-Traffic Location, $750,000
    Where is this mixed-use property located?
    The property is located at 6314 Jefferson Hwy Harahan, LA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; Mixed-use property.; Zoned C2.
    (504) 468-7979 Call to check price and availability
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    6314 Jefferson Hwy Harahan, LA 70123
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    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
    6314 Jefferson Hwy Harahan, LA 70123
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    Contact for Pricing
    Please call us for current price
    and status of this listing
    Celso Hernandez
    Real Estate License ID: 995689934
    (504) 468-7979 (504) 259-7945
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