About |
Offices |
People |
News |
Contact |
REALTrac™ |
Market Research

Properties
 


New Orleans, Louisiana

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Latter & Blum
Last Updated: 5-Nov-2010		 Market Overview
Print This Page
Market Research

* Click on each category for a detailed definition.
Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 17.00 $ 20.00 $ 17.89 11.0% N/A
Class B (Secondary) $ 13.75 $ 16.50 $ 15.25 18.3% N/A
 
Suburban Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 22.00 $ 24.00 $ 22.33 9.4% N/A
Class B (Secondary) $ 15.00 $ 19.50 $ 18.37 14.4% N/A
 
Industrial
Bulk Warehouse $ 2.00 $ 3.75 $ 2.90 13.2% N/A
Manufacturing $ 3.00 $ 6.00 $ 4.00 10.0% N/A
High Tech / R&D $ 9.00 $ 15.00 $ 12.00 10.0% N/A
 
Retail
Downtown $ 10.00 $ 40.00 $ 16.86 20.0% N/A
Neigborhood Service Centers $ 12.00 $ 30.00 $ 20.00 15.0% N/A
Sub Regional Centers $ 15.00 $ 30.00 $ 22.00 10.0% N/A
Regional Malls $ 20.00 $ 65.00 $ 41.25 5.0% N/A

Development Land Low () High ()
Office in CBD $ 1,524,600 $ 3,484,800
Land in Office Parks $ 174,240 $ 435,600
Land in Industrial Parks $ 130,680 $ 609,840
Office/Industrial Land - Non-park $ 43,560 $ 348,480
Retail/Commercial Land $ 261,360 $ 2,178,000
Residential $ 40,000 $ 653,400

 

Home | Contact Us | Privacy Policy | Site Admin Build on the power of our network™ 1 609 945 4000
NAI Global® is not affiliated with the Appraisal Institute®, or its MAI designation.