1525 Lapalco Blvd Harvey, LA 70058
This exceptional investment opportunity presents a 2,500 square foot end-cap unit within a condo shopping center at 1525 Lapalco Boulevard, Suites 1 & 2, Harvey, LA 70058. Currently operating at 100% occupancy with a tenant in place, this property offers a strong return on investment. The asking price is $388,000, translating to $155.20 per square foot. The property boasts a prime location, just one block from the major intersection of Manhattan Boulevard and Lapalco Boulevard, benefiting from high visibility and significant daily traffic exceeding 42,000 vehicles. Recent renovations ensure the space is in excellent condition, ready for immediate income generation. Features include ample parking, prominent pylon signage, and the advantage of being an end-cap unit. The property is classified as a retail shopping center with a modified lease type and single tenancy. This fully equipped space presents a unique opportunity for a restaurant or bar, given its current tenant's use. Detailed financial information is available upon request. Don't miss this chance to acquire a thriving retail property in a high-demand location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.