9015 Airline HwyNew Orleans, LA 70118

Property Details for 9015 Airline Hwy

Year built

1980

Lot size

0.28 AC

Property size (Sq ft)

10,560 SF

Property type

Retail properties

Property subtype

Retail space

APN

716425512

APU

716425512

Description

This exceptional 1,000 square foot executive office suite is available for lease at 9015 Airline Highway in New Orleans, Louisiana. Located in Orleans Parish, within the Greater New Orleans submarket, this single-tenant space is part of a larger 6,171 square foot building situated on a 0.33-acre lot. The property boasts a convenient C-1 zoning designation, making it suitable for a variety of commercial uses, including retail and office spaces. The building is a single-story structure. This sublease opportunity offers significant advantages, including all utilities (electric, water, gas), dumpster service, WiFi, pest control, property taxes, insurance, and lawn maintenance included in the rental price. A shared conference room is available for tenant use. The property enjoys a prime location on Airline Highway, directly adjacent to American Police Equipment, ensuring high visibility and accessibility. The property's APN is 716425512. This is an excellent opportunity for businesses seeking a well-maintained, all-inclusive office space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,461,692

  6.5%

  $2,272,332

  7%

  $2,110,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,029,926

  Geo Method

  $1,891,790

• Alternative Use

  Use

  Valuation

  Residential

  $1,916,796

  Hospitality

  $1,755,775

  Educational

  $1,460,784

  Medical

  $1,511,023

  Retail

  $2,272,332

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.972

Longitude

-90.1185

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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