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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6485 Jefferson Hwy Harahan, LA 70123

    • Commercial real estate
    • 3,796 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Customized Printables / Screen Printer
    • Catholic Productions, LLC / Video Production Service / Christian Book Store
    • Piazza's Top Gun Coatings of Louisiana / Powder Coating Service
    • DR. BRANT PITRE / Consultant

    Property Details for 6485 Jefferson Hwy

    Year built
    1993
    Property size
    3,796 SF
    Property type
    Commercial real estate

    Description

    1800 sq ft of climate controlled warehouse & 1500 sq ft of warehouse space that is not climate controlled. 2 separate meters. 3 phase 240 volt service. HUGE attic space could be used for storage or potential addition. X flood zone. Zoned C-2. Metal roof. Parking for approx 6-7 cars. Purchaser to verify all measurements and zoning.""""}"""

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harahan
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.194
    Latitude
    29.939

    Comparable in this City

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      30,220 SF

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      411,689 SF

      5600 Jefferson Hwy

      Retail properties • 411,689 SF
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      1,300 SF

      213-215 Oak St

      Commercial real estate • 1,300 SF
      213-215 Oak St, Harahan, LA 70123
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      30,895 SF

      7463 Jefferson Hwy

      Multifamily properties • 30,895 SF
      7463 Jefferson Hwy, Harahan, LA 70123
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    • Value Estimation by Request
      8,648 SF

      11*13*15*25*29 Hickory Ave*100 Powerline St

      Commercial real estate • 8,648 SF
      11*13*15*25*29 Hickory Ave*100 Powerline St, Harahan, LA 70123
      View Details
    • Value Estimation by Request

      6314 Jefferson Hwy

      Mixed-use properties
      6314 Jefferson Hwy, Harahan, LA 70123
      View Details

    Similar Nearby for Sale

    • $595,000
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      Jefferson Highway Harahan Commercial Land

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    • $184,000

      Residential Land in Harahan, LA

      Vacant lot near the river with house plans available.
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      Harahan Industrial Property: Turnkey Opportunity

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      Property on Hickory Avenue with high traffic and commercial potential.
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    Similar Nearby for Lease

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      Jefferson Business Center Warehouse

      Elmwood, LA industrial warehouse space for lease.
      520 Elmwood Park Blvd, Elmwood, LA 70123
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    • $6 SF/Yr
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      Industrial Building with Climate Control

      Industrial building featuring climate-controlled warehouse space and gated yard.
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    • $2 SF/Yr

      Emwood Business Park Land Parcel

      5-acre leveled land parcel in Emwood Business Park for lease.
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    • $3,000 /Mo

      Renovated Commercial Property in Harahan

      Renovated office space with showrooms, kitchen, parking, and storage options.
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      Elmwood Office Suites - Jefferson Parish

      Prime Office Space Available; Multiple Suites
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    6485 Jefferson Hwy
    Harahan, LA 70123
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    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
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