200 Harbor CirNew Orleans, LA 70126

Property Details for 200 Harbor Cir

Year built

1960

Lot size

0.57 AC

Property size (Sq ft)

12,120 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

39W015270

APU

39W015270

Description

This exceptional 12,120 square foot, two-story office/warehouse property in New Orleans is now available for lease. The single-tenant building features approximately 7,146 square feet of usable space, ideally suited for a variety of businesses. The warehouse component boasts a convenient dock-high door and a rear grade-level door, enhancing operational efficiency. A substantial laydown yard is situated at the rear of the property, providing valuable additional storage or staging area. The property is ready for immediate occupancy and includes three restrooms and a refrigerator on each of the two floors. Strategically located approximately 15 minutes from the New Orleans Lakefront Airport and Interstate 10, this location offers unparalleled access to major transportation arteries, making it perfect for logistics and operations. The property's Orleans Parish address is 200 Harbor Cir, New Orleans, LA 70126, and its APN is 39W015270. This versatile property combines office and warehouse space with the added benefit of a laydown yard, presenting a unique opportunity for businesses seeking a functional and conveniently located space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,825,352

  6.5%

  $2,608,017

  7%

  $2,421,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,329,801

  Geo Method

  $2,171,259

• Alternative Use

  Use

  Valuation

  Residential

  $2,199,960

  Hospitality

  $2,015,151

  Educational

  $1,676,582

  Medical

  $1,734,242

  Retail

  $2,608,017

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

30.0297

Longitude

-90.0304

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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