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    Property profile & analytics

    701 Metairie Rd Metairie, LA 70005

    • Lifestyle centers
    • 84,400 SF
    For Lease
    View listing
    $19 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Tully Gerard R DDS / Dentist
    • Subway / Caterer / Fast Food Restaurant
    • East Jefferson Primary Care - Metairie Rd. / Family Practice Physician
    • Old Metairie Orthodontics: Dr. Celeste A. Block, DDS, MDS / Dentist / Dental Clinic
    • Tillery And Tillery Attys / Attorney

    Property Details for 701 Metairie Rd

    Year built
    1987
    Property size
    84,400 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional three-story, 84,400 square foot mixed-use development, located at 701 Metairie Road in Metairie, Louisiana, offers a unique opportunity for medical and office tenants. Built in 1987 and extensively renovated in 2020, Old Metairie Village boasts three buildings with a total of three stories and elevators. The property sits on a substantial 200,812 square foot lot and currently has 10,919 square feet of vacant space available, divisible into units ranging from 1,500 to 9,244 contiguous square feet. The property features a diverse tenant mix, including upscale retail on the first floor and medical and office spaces on the upper floors. Situated in the affluent Old Metairie submarket of Jefferson Parish (APN: JP-128902), this location benefits from high traffic counts and a strong demographic profile, making it an ideal investment opportunity. The property's strategic location within the Airport-Metairie-Kenner submarket, combined with its recent renovations and flexible space options, presents a compelling opportunity for businesses seeking a prestigious and well-located address in the heart of Metairie. The former fitness club space offers a unique opportunity for adaptive reuse. This property is a dominant force in the local market due to its tenant mix and affluent clientele.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1306
    Latitude
    29.9885

    Comparable in this City

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      433 Metairie Rd

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      1021 Veterans Blvd

      Neighborhood centers • 1,256 SF
      1021 Veterans Blvd, Metairie, LA 70005
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      4,200 SF

      1700 Veterans Memorial Blvd

      Neighborhood centers • 4,200 SF
      1700 Veterans Memorial Blvd, Metairie, LA 70005
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    701 Metairie Rd
    Metairie, LA 70005
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    Realmo Value Estimation

    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.

    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.

    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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