Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1901 Manhattan Blvd Harvey, LA 70058
    Back to Search
    Property profile & analytics

    1901 Manhattan Blvd, Harvey, LA 70058

    View on Map
    • Land
    • 20.86 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Wendy M. Maes, DDS / Dental Office
    • Gregory S. Strain, D.D.S. Family Dentistry / Dental Office
    • Amazon Counter - Wisp / Postal Service / Courier Service
    • Exclusive Fitness / Gym & Fitness Center
    • Inspirations Wedding & Event Planning LLC / Event Planning / Wedding Service

    Property Details for 1901 Manhattan Blvd

    Lot size
    20.86 lot acres
    Property type
    Land

    Description

    This exceptional 20.86-acre land parcel presents a unique in-fill development opportunity in Harvey, Louisiana. Located on Manhattan Boulevard, a high-traffic commercial corridor (approx. 46,200 vehicles daily), this MUCD-zoned property boasts unparalleled visibility and accessibility. Its strategic location directly behind the 144,000 square foot Fountain Park Centre lifestyle center and adjacent to the under-construction "Waters at Manhattan" (a 360-unit Class "A" apartment community) ensures strong synergy and a thriving surrounding environment. The site's substantial size allows for diverse development options, catering to both residential and commercial uses. The asking price is $13,629,924, translating to a land value of $15 per square foot. Its proximity to Downtown New Orleans further enhances its appeal, attracting a broad customer base. Detailed zoning information is available via the provided link. This is a rare opportunity to acquire a large, well-positioned tract in a rapidly growing area. The Jefferson Parish APN is 3108888. Interactive drone imagery is available for review.

    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
    Harvey
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.0527
    Latitude
    29.8859

    Comparable in this City

    • Value Estimation by Request

      6Th St

      Land
      0 6Th St, Harvey, LA 70058
      View Details
    • Value Estimation by Request

      1245 1St Ave

      Distribution properties
      1245 1St Ave, Harvey, LA 70058
      View Details
    • Value Estimation by Request

      1920 Manhattan Blvd

      Land
      1920 Manhattan Blvd, Harvey, LA 70058
      View Details
    • Value Estimation by Request
      0.25 Acres

      1537 London Cross Rd

      APARTMENT HOUSE (5+ UNITS)
      1537 London Cross Rd, Harvey, LA 70058-5353
      View Details
    • Value Estimation by Request
      0.34 Acres

      1508 Manhattan Blvd

      APARTMENT HOUSE (5+ UNITS)
      1508 Manhattan Blvd, Harvey, LA 70058-3406
      View Details
    • Value Estimation by Request
      0.29 Acres

      1533 London Cross Rd

      APARTMENT HOUSE (5+ UNITS)
      1533 London Cross Rd, Harvey, LA 70058-5345
      View Details

    Similar Nearby for Sale

    • $500,000
      95,800 SF

      Harvey Land Parcel For Sale

      Land parcel available in Harvey, Louisiana.
      1705 Manhattan Blvd, Harvey, LA 70058
      View Details
    • $55,000

      Vacant Land in Harvey, LA

      Undeveloped land with utilities available in Harvey, Louisiana.
      29 And 30 St, Harvey, LA 70058
      View Details
    • Contact for pricing
      76,400 SF

      Harvey Multifamily Property with Vacant Land

      Multi-family property in Harvey, LA with development potential.
      4289 Lac Saint Pierre Dr, Harvey, LA 70058
      View Details
    • Contact for pricing
      20,000 SF

      Cleared Land on Manhattan Boulevard

      Cleared land with high traffic count near major retailers.
      1920 Manhattan Blvd, Harvey, LA 70058
      View Details
    • $249,000
      1,661 SF

      Harvey Commercial Corner Lot

      High-Visibility, C-1 Zoned Commercial Space
      1924 4Th St, Harvey, LA 70058
      View Details
    • $75,000
      0.12 Acres

      Residential Lot For New Development

      Residential lot available for new development in Harvey, Louisiana.
      0000 Mathis St, Harvey, LA 70058
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Westbank Retail Center Pad Site

      Retail spaces available in bustling Westbank shopping center location.
      901 Manhattan Blvd, Harvey, LA 70058
      View Details
    • Contact for pricing

      Office Space in Rathborne Park

      9,800 SF office space available for lease.
      101 Pailet Dr, Harvey, LA 70058
      View Details
    • Contact for pricing

      Office Warehouse in Rathborne Park

      Office warehouse featuring ample parking and efficient access.
      181 Grefer Ln, Harvey, LA 70058
      View Details
    • Contact for pricing

      Retail Spaces in Open-Air Center

      Retail spaces available in high-traffic shopping center.
      1731 Manhattan Blvd, Harvey, LA 70058
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Harvey, Louisiana.
      1208 Peters Rd, Harvey, LA 70058
      View Details
    • Sponsored
      Contact for pricing

      Fountain Park

      Discover many ways to work your way in Fountain Park
      1901 Manhattan Blvd, Harvey, LA 70058
      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.
    1901 Manhattan Blvd
    Harvey, LA 70058
    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
    1901 Manhattan Blvd, Harvey, LA, 70058
    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!