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    1500 Macarthur Ave Harvey, LA 70058

    For Sale
    $1,600,000

    35,471 SF Industrial Property, $1.6M

    Property size:
    35,471 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This turnkey industrial property in Harvey, LA, offers 35,471 square feet of net rentable space across four warehouses situated on a 93,700 square foot lot (approximately 3.1 acres). The property, located at 1500-1524 MacArthur Ave, is zoned M-1 Industrial and features a mix of warehouse and office space. Warehouse sizes range from approximately 5,050 to 13,501 square feet, with one warehouse including approximately 1,352 square feet of office space and approximately 3,050 square feet of covered storage. The property boasts a total of 20 overhead doors (varying in size from 12'x10' to 18'x18'), five 3,000 lb. max cranes, and 15.5' to 22.5' center heights with 14' to 17.5' eaves. The buildings feature metal panel construction with steel frames on poured concrete slabs. Central heating is available in the finished office space, and central AC is in the finished areas. The property is serviced by 120/240V 3-phase power and offers ample supplemental parking and laydown yard space. The asking price is $1,600,000, resulting in a price per square foot of $45.11. This prime location is just south of the West Bank Expressway and north of Patriot Street, offering excellent access and visibility. The property's APN is 040000167312.

    Property Features for 1500 Macarthur Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    35,471 SF

    HighLights

    • 35,471 SF net rentable industrial space in four warehouses on a 3.1‑acre lot.
    • Located at 1500‑1524 MacArthur Ave, Harvey, LA, zoned M‑1.
    • Warehouse sizes range from 5,050 SF to 13,501 SF, including office and covered storage space.
    • Features 20 overhead doors, five 3,000 lb. cranes, and clear heights from 15.5' to 22.5'.
    • Metal panel construction, poured concrete slabs, central HVAC in finished areas, and 120/240V 3‑phase power.
    • Ample parking and laydown yard space. Asking price: $1,600,000 ($45.11/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harvey
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.081503
    Latitude
    29.8847291

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    FAQs

    What type of property is this?
    Manufacturing property - 35,471 SF Industrial Property, $1.6M
    Where is this manufacturing property located?
    The property is located at 1500 Macarthur Ave Harvey, LA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 35,471 SF net rentable industrial space in four warehouses on a 3.1-acre lot.; Located at 1500-1524 MacArthur Ave, Harvey, LA, zoned M-1.; Warehouse sizes range from 5,050 SF to 13,501 SF, including office and covered storage space.
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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
    1500 Macarthur Ave Harvey, LA 70058
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