Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    901 W Airline Hwy Laplace, LA 70068
    Back to Search
    Property profile & analytics

    901 W Airline Hwy Laplace, LA 70068

    View on Map
    • Commercial real estate
    For Lease
    View Listing →
    LaPlace Retail/Office Space Available For Lease
    Contact for pricing
    1,141 SF

    LaPlace Retail/Office Space Available

    1,141-SF retail/office space for lease on Airline Highway.

    901 W Airline Hwy, Laplace, LA 70068
    View Listing
    Property ID
    US36-1868064
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Angels Care / Home Health Care Service
    • Valero / Gas Station
    • Verizon / Mobile Phone Store / Electronics & Wireless Store
    • BIRDIES #6 / Grocery & Convenience Store
    • ATM (Birdies Food & Fuel) / Atm / Convenience Store

    Property Details for 901 W Airline Hwy

    Property type
    Commercial real estate
    APN
    440013400
    APU
    440013400

    Description

    This exceptional 8,961 square foot commercial property, situated on a 1.96-acre lot at 901 W Airline Hwy in LaPlace, Louisiana (zip code 70068), presents a unique investment opportunity. The single-story building features six suites, with one 1,141 square foot suite currently available for lease. This suite boasts a spacious front room and a smaller rear room, adaptable for office use or storage. The prominent location along Airline Highway (also known as Blues Highway) ensures high visibility, enhanced by double glass doors facing the street and ample signage opportunities. Shared parking is available for tenants and customers. The property benefits from its strategic position at a signalized intersection, less than half a mile from a Home Depot and in close proximity to various quick-service restaurants and other businesses. Zoned C-3 Commercial, this versatile space is suitable for a wide range of commercial enterprises. The property offers a strong combination of high visibility, convenient location, and ample parking, making it an attractive option for businesses seeking a thriving commercial environment in LaPlace. No elevators are present in this single-story 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
    La Place
    County
    St John The Baptist
    State
    Louisiana
    Longitude
    -90.4634
    Latitude
    30.056
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,255
    $6,000
    $20,009
    $26,009
    -
    $60,000
    $133,393
    $193,393

    Comparable in this City

    • Value Estimation by Request
      27.00 Acres

      New Highway 51

      Land • 27.00 Acres
      0 New Highway 51, LaPlace, LA 70068
      View Details
    • Value Estimation by Request

      1612 Main St

      COMMERCIAL (GENERAL)
      1612 Main St, La Place, LA 70068-5718
      View Details
    • Value Estimation by Request

      2701 New Hwy 51

      COMMERCIAL (GENERAL)
      2701 New Hwy 51, La Place, LA 70068-6489
      View Details
    • Value Estimation by Request

      3325 New Hwy 51

      COMMERCIAL (GENERAL)
      3325 New Hwy 51, La Place, LA 70068-6438
      View Details
    • Value Estimation by Request

      145 Woodland Dr

      COMMERCIAL (GENERAL)
      145 Woodland Dr, La Place, LA 70068-5940
      View Details
    • Value Estimation by Request

      245 Woodland Dr

      COMMERCIAL (GENERAL)
      245 Woodland Dr, La Place, LA 70068-5942
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      68,694 SF

      LaPlace Business Park Land Parcels

      Vacant land parcels in LaPlace Business Park for sale.
      Bert St, Laplace, LA 70068
      View Details
    • $250,000
      1.69 Acres

      Prime Commercial Lot in LaPlace

      1.68-acre commercial lot with high visibility and development potential.
      1.68 Ac I-55 Hwy, Laplace, LA 70068
      View Details
    • $275,000
      0.30 Acres

      La Place Commercial Property

      Commercial property with air-conditioned warehouse, office, and covered areas.
      1208 Bert St, Laplace, LA 70068
      View Details
    • $6,468,660
      27.00 Acres

      Prime LaPlace Commercial Land

      27 Acres, Hwy 51, C-3 Zoning
      0 New Highway 51, LaPlace, LA 70068
      View Details
    • Contact for pricing

      Land For Sale LaPlace

      Land available for purchase in LaPlace, Louisiana.
      New Highway 51, Laplace, LA 70068
      View Details
    • Contact for pricing

      Interstate 10 & Belle Terre Blvd, Laplace, LA 70068

      Commercial land
      10 & Belle Terre Blvd, Laplace, LA 70068
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo

      Versatile Commercial Space For Rent

      Centrally located commercial space suitable for various business types.
      3001 New Highway 51, Laplace, LA 70068
      View Details
    • Contact for pricing

      New Construction Drive-Thru Suite

      New 1,650 SF drive-thru suite for lease.
      1440 W Airline Hwy, Laplace, LA 70068
      View Details
    • $12 SF/Yr
      3,000 SF

      Move-in Ready Office Suites Available

      Office suites available for lease in LaPlace, Louisiana.
      429 W Airline Hwy, Laplace, LA 70068
      View Details
    • Contact for pricing
      1,800 SF

      Retail Space in Laplace, LA

      Retail space available for lease in Laplace, Louisiana.
      113-137 Belle Terre Blvd, Laplace, LA 70068
      View Details
    • Contact for pricing

      LaPlace Retail/Office Space Available

      1,141-SF retail/office space for lease on Airline Highway.
      901 W Airline Hwy, Laplace, LA 70068
      View Details
    • Contact for pricing

      LaPlace Office Building For Lease

      Two-story office building with drive-through potential and recent improvements.
      171 Belle Terre Blvd, Laplace, LA 70068
      View Details
    View Listing
    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.
    901 W Airline Hwy
    Laplace, LA 70068
    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
    901 W Airline Hwy, Laplace, LA, 70068
    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!