Harvey, LA
Commercial Real Estate Market Trends & Data

$274 Avg asking sale price
$15,160 Avg asking lease rate
21,064 SF Avg unit lease size
13,882 SF Avg building size for sale

Harvey's Demographic Profile

Harvey has 8,390 households and a median income of $42,280, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 21,449
# Households 8,390
Median age 38
Median household income $42,280
Avg household size 3.0
Renter-occupied housing units 4,298
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Harvey, LA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Gretna $216 17,279 SF 7.00%
Terrytown $216 17,279 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Harvey $271 17,342 SF
Gretna $56 26,775 SF
Terrytown $56 26,775 SF
Marrero $109 22,125 SF
Arabi $443 5,320 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
New Orleans $188 32,796 SF 10.00%
Metairie $164 41,438 SF 9.80%

Commercial Properties For Sale in Harvey

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

834 Josephine St

New Orleans, LA 70130

  • 2,072 SF Multifamily
  • $499,900
For Sale

3226 Magazine St

New Orleans, LA 70115

  • 8,870 SF Retail Building
  • $3,100,000
For Sale

2801 Magazine St

New Orleans, LA 70115

  • 22,546 SF Retail Building
  • $10,500,000
For Sale

Maison Perrier

New Orleans, LA 70115

  • 7,626 SF Hospitality
  • $2,700,000
For Sale

2200 Prytania St

New Orleans, LA 70130

  • 6,769 SF Office Building
  • $2,495,000
For Sale

Auction - May 18-20 - Medical Office Condos

New Orleans, LA 70115

  • 124,952 SF Office Building
  • Price Upon Request

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Harvey pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Harvey $274 13,882 SF
Gretna $145 33,047 SF
Terrytown $169 34,575 SF
Marrero $133 17,291 SF
Arabi $443 5,320 SF

Regional Demographic Comparison

This comparison places Harvey alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Harvey or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Harvey 21,449 8,390 38 $42,280 3 4,298 -3%
Gretna 17,844 7,246 41 $44,280 2 3,792 -3%
Terrytown 23,514 8,560 37 $53,296 3 4,397 -4%
Marrero 30,346 11,817 42 $43,783 3 4,410 -4%
Arabi 5,124 2,019 40 $53,105 2 704 5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Harvey, LA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Harvey

View All Commercial Real Estate For Sale in Harvey
Is Harvey a good market for a first-time commercial real estate investor?

Harvey offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Harvey?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Harvey. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Harvey?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Harvey. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Harvey compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Harvey. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Harvey acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Harvey, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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