Commercial Real Estate Market in Waggaman, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
52 active listings and 40 off-market properties in Waggaman, LA. Commercial property asks $174/SF to buy and $10.33/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Waggaman, 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 Waggaman, 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 Waggaman, 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 Waggaman, 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
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westwego | $174 (county avg) | $10.33 |
| Metairie | $174 (county avg) | $23.96 |
| Kenner | $174 (county avg) | $17.44 |
| Marrero | $174 (county avg) | $16.11 |
Commercial property in Waggaman, LA asks $174/SF. The 4 bordering markets run from $174/SF in Westwego to $174/SF in Westwego, 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 Waggaman?
Commercial property in Waggaman, 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 Waggaman?
Asking lease rates in Waggaman, LA average $10.33 per square foot per year.
How does Waggaman compare to nearby markets on price?
Waggaman, LA asks $174/SF against $174/SF in Westwego, $174/SF in Metairie, $174/SF in Kenner and $174/SF in Marrero.
Where does Realmo's Waggaman market data come from?
Realmo compiles Waggaman, LA figures from 42 active sale listings, 10 active lease listings, 40 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 42 active for-sale and 10 active for-lease listings in Waggaman, 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
- 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
