Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3525 Causeway Blvd Metairie, LA 70002
    Back to Search
    Property profile & analytics

    3525 Causeway Blvd, Metairie, LA 70002

    View on Map
    • Office Spaces
    • 127,935 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Movement Mortgage New Orleans NMLS #419402 / Loan Service / Bank
    • Candice D. Bullock, Movement Mortgage / Loan Service / Bank
    • Community Home Lending / Loan Service / Bank
    • Dennis P. Couvillon: Allstate Insurance / Insurance Agency
    • Allstate Personal Financial Representative: Ronald Camet / Insurance Agency

    Property Details for 3525 Causeway Blvd

    Year built
    1973
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    The Regions Bank Building, a ten-story Class B office building at 3525 N Causeway Blvd, Metairie, LA 70002, offers 127,935 square feet of versatile space. This prominent building, situated at the southeast corner of N. Causeway Blvd and West Esplanade Avenue, boasts exceptional visibility and accessibility. Currently, 28,188 square feet are available, with spaces ranging from 783 to 6,376 contiguous square feet. Built in 1973 and renovated in 2023, the building features attractive nine-foot ceilings and three renovated elevators. The property includes 171 parking spaces, encompassing surrounding concrete parking, a two-story rear parking garage (with free second-floor tenant parking), and an additional supplemental lot. Convenient ground floor amenities include Regions Bank and Causeway Sandwich Company. The building's C-2 zoning provides flexibility, and its 113,256 square foot lot offers ample space. Enjoy lake and downtown views from this highly desirable Metairie CBD location, known for its reasonable leasing rates. The building consists of 78 total suites, offering a variety of options to suit diverse business needs. This is a unique opportunity to secure office space in a well-maintained, conveniently located, and highly visible building.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Lafayette
    State
    Louisiana
    Longitude
    -90.1542
    Latitude
    30.0136

    Comparable in this City

    • Value Estimation by Request
      1,548 SF

      3801 Causeway Blvd

      Medical Office Space
      3801 Causeway Blvd, Metairie, LA 70002
      View Details
    • Value Estimation by Request
      37,332 SF

      4051 Veterans Blvd

      Medical Office Space
      4051 Veterans Blvd, Metairie, LA 70002
      View Details
    • Value Estimation by Request

      3749 Causeway Blvd

      Medical Office Space
      3749 Causeway Blvd, Metairie, LA 70002
      View Details
    • Value Estimation by Request
      9,549 SF

      3815 Hessmer Ave

      Medical Office Space
      3815 Hessmer Ave, Metairie, LA 70002
      View Details
    • Value Estimation by Request

      2622 Metairie Lawn Dr

      Office Spaces
      2622 Metairie Lawn Dr, Metairie, LA 70002
      View Details
    • Value Estimation by Request
      1,215 SF

      3129 Edenborn Ave

      Office Spaces
      3129 Edenborn Ave, Metairie, LA 70002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,160 SF

      Fat City Warehouse Opportunity

      41,160 SF warehouse with office and mezzanine space.
      4305 Hessmer Ave, Metairie, LA 70002
      View Details
    • Contact for pricing
      11,175 SF

      Office/Warehouse Near Veterans Blvd

      11,175 SF office/warehouse on 12,960 SF site.
      3223 25Th St, Metairie, LA 70002
      View Details
    • Contact for pricing
      2,100 SF

      Metairie Office Space on Veterans

      Highly visible office suite with flexible layout on Veterans Blvd.
      3848 Veterans Blvd, Metairie, LA 70002
      View Details
    • $749,000
      4,580 SF

      Metairie Six-Plex in Prime Location

      Six-unit multifamily property with income potential in Metairie, Louisiana.
      3005 Lake Villa Dr, Metairie, LA 70002
      View Details
    • $2,950,000
      Pending

      Metairie Retail Building For Sale

      Retail building in the heart of Metairie, prime transformation opportunity.
      3100 19Th St, Metairie, LA 70002
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,402 SF

      Office Space Available For Rent

      Office space available for lease in Metairie, Louisiana.
      3330 W Esplanade Ave, Metairie, LA 70002
      View Details
    • Contact for pricing
      1,350 SF

      Metairie Office Space For Rent

      Office space for rent featuring modern amenities and flexible floorplans.
      3001 N Arnoult Rd St, Metairie, LA 70002
      View Details
    • Contact for pricing

      Metairie Office Building For Lease

      Ten-story office building with lake and downtown views.
      3525 N Causeway Blvd, Metairie, LA 70002
      View Details
    • Contact for pricing

      Metairie Office Space Available

      Second floor office space with private offices and flex room.
      3201 Danny Park, Metairie, LA 70002
      View Details
    • Sponsored
      Contact for pricing

      One Lakeway

      Discover many ways to work your way in One Lakeway
      3900 Causeway Blvd, Metairie, LA 70002
      View Details
    • Contact for pricing
      2,936 SF

      Metairie Office Space Sublease

      Office space available for sublease in Metairie, Louisiana.
      3500 N Causeway Blvd, Metairie, LA 70002
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3525 Causeway Blvd
    Metairie, LA 70002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3525 Causeway Blvd, Metairie, LA, 70002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!