Commercial Real Estate Market in Gretna, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
132 active listings and 66 off-market properties in Gretna, LA. Commercial property asks $176/SF to buy and $17.08/SF/Yr to lease.
Market Trends
Gretna, LA spans 10.2 square miles in Jefferson County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Gretna, LA asks $177/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Gretna, LA asks $201/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Gretna, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Gretna, LA asks $167/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 62.6%
- Commercial 15.6%
- Open space 7.8%
- Industrial 5.9%
- Mixed use 4.4%
- Residential 2.5%
- Planned_development 1.2%
Largest Zones share of zoned land by district
Single Family Residential
Neighborhood Commercial
Recreation Open Space
General Commercial
Business Core 2
Recreation Open Space (R/OS)
The R/OS recreation open space district is intended to retain public and private recreational lands and open spaces for open space, recreational and related uses. Exhibit 58-140 identifies the uses allowed within the R/OS district. Additional use conditions are in
Market overview
Demographics & Economy
Gretna, LA has 58,007 residents in 23,649 households. Density runs 5,694 people per square mile. Median household income here is $56,695 and median gross rent $1,121 a month.
58,007
Population
23,649
Households
2.5
Avg Household Size
37
Median Age
27%
College-Educated
83%
High-School Grad
10.2 sq mi
ZIP Area
5,694
Density / Sq Mi
$56,695
Median Household Income
$34,811
Median Earnings
$1,121
Median Rent
$223,768
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.08/SF/Yr lease vs $176/SF buy → buying wins if held > 1.5 years.
The comparison uses county-wide sale comps against Gretna asking rents, so the implied 9.7% gross yield is computed off asking rents rather than a closed-deal cap-rate benchmark. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Harvey | $176 (county avg) | $15.73 |
| Marrero | $176 (county avg) | $16.95 |
| Westwego | $176 (county avg) | $10.33 |
| Metairie | $176 (county avg) | $22.63 |
Commercial property in Gretna, LA asks $176/SF. The 4 bordering markets run from $176/SF in Harvey to $176/SF in Harvey, and the city sits in line with their $176/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Gretna?
Commercial property in Gretna, LA asks an average of $176 per square foot. Retail carries the highest asking price at $201/SF.
How much does it cost to lease commercial space in Gretna?
Asking lease rates in Gretna, LA average $17.08 per square foot per year.
Is it cheaper to lease or buy commercial space in Gretna?
Buying beats leasing in Gretna, LA if the property is held longer than 1.5 years, comparing $17.08/SF/Yr asking rent with $176/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
How does Gretna compare to nearby markets on price?
Gretna, LA asks $176/SF against $176/SF in Harvey, $176/SF in Marrero, $176/SF in Westwego and $176/SF in Metairie.
Where does Realmo's Gretna market data come from?
Realmo compiles Gretna, LA figures from 84 active sale listings, 48 active lease listings, 66 tracked off-market properties, the current Gretna zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 84 active for-sale and 48 active for-lease listings in Gretna, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,844 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- the lease-vs-buy comparison mixes county-wide sale comps with city asking rents, office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
