Commercial Real Estate Market in Terrytown, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
132 active listings and 66 off-market properties in Terrytown, LA. Commercial property asks $174/SF to buy and $20.87/SF/Yr to lease.
Market Trends
Terrytown, LA spans 6.8 square miles in Jefferson County, Louisiana. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Terrytown, LA asks $183/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 Terrytown, LA asks $193/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 Terrytown, 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 Terrytown, LA asks $161/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
Market overview
Demographics & Economy
Terrytown, LA has 41,498 residents in 15,784 households. Density runs 6,135 people per square mile. Median household income here is $61,831 and median gross rent $1,163 a month.
41,498
Population
15,784
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
87%
High-School Grad
6.8 sq mi
ZIP Area
6,135
Density / Sq Mi
$61,831
Median Household Income
$36,062
Median Earnings
$1,163
Median Rent
$223,000
Median Home Value
Tools
Lease vs Buy Breakeven
At $20.87/SF/Yr lease vs $174/SF buy → buying wins if held > 1 years.
The comparison uses county-wide sale comps against Terrytown asking rents, so the implied 12% 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 |
|---|---|---|
| Gretna | $174 (county avg) | $20.87 |
| Harvey | $174 (county avg) | $15.35 |
| Marrero | $174 (county avg) | $16.44 |
| Westwego | $174 (county avg) | $10.33 |
Commercial property in Terrytown, LA asks $174/SF. The 4 bordering markets run from $174/SF in Gretna to $174/SF in Gretna, and the city sits in line with their $174/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Terrytown?
Commercial property in Terrytown, LA asks an average of $174 per square foot. Retail carries the highest asking price at $193/SF.
How much does it cost to lease commercial space in Terrytown?
Asking lease rates in Terrytown, LA average $20.87 per square foot per year.
Is it cheaper to lease or buy commercial space in Terrytown?
Buying beats leasing in Terrytown, LA if the property is held longer than 1.0 years, comparing $20.87/SF/Yr asking rent with $174/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 Terrytown compare to nearby markets on price?
Terrytown, LA asks $174/SF against $174/SF in Gretna, $174/SF in Harvey, $174/SF in Marrero and $174/SF in Westwego.
Where does Realmo's Terrytown market data come from?
Realmo compiles Terrytown, LA figures from 82 active sale listings, 50 active lease listings, 66 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 82 active for-sale and 50 active for-lease listings in Terrytown, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
