Metairie, LA
Commercial Real Estate Market Trends & Data

$213 Avg asking sale price
$9,956 Avg asking lease rate
35,810 SF Avg unit lease size
38,277 SF Avg building size for sale
8.02% Average cap rate

Metairie's Demographic Profile

Metairie has 58,435 households and a median income of $64,044, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 134,274
# Households 58,435
Median age 42
Median household income $64,044
Avg household size 2.0
Renter-occupied housing units 23,938
5-year population change -4%

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

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Metairie $137 56,416 SF 7.36%
Jefferson $259 10,723 SF 7.36%
Nearby Retail Markets Avg Cost/SF Typical Size
Metairie $293 50,253 SF
Kenner $130 147,677 SF
Jefferson $526 4,811 SF
Elmwood $285 1,750 SF
River Ridge $168 12,850 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Metairie $211 41,738 SF 9.80%
New Orleans $188 32,796 SF 10.00%
Hahnville $141 46,336 SF 8.00%

Commercial Properties For Sale in Metairie

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

Interstate 10 Parcel

Kenner, LA 70065

  • 0.60 AC Lot
  • 1 Commercial Lot
  • $499,000
For Sale

1025 Airline Dr

Kenner, LA 70062

  • 6.75 AC Lot
  • 1 Commercial Lot
  • $5,000,000
For Sale

2400 DELACHAISE ST & VACANT LOTS

New Orleans, LA 70115

  • 9,875 SF Specialty
  • $1,500,000
For Sale

0.65-Acre Mixed-Use Assemblage

New Orleans, LA

  • $1,400,000
For Sale

Large Metairie, LA In-Fill Site

Metairie, LA 70002

  • 1.02 AC Lot
  • 1 Commercial Lot
  • $1,900,000
For Sale

Fast Stop Gas Station

New Orleans, LA 70118

  • 6,912 SF Retail Building
  • 7.50% Cap Rate
  • $7,507,200

Average Price For Sale

↻ Updated Monthly

Average Price 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 Metairie pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Metairie $213 38,277 SF
Kenner $150 98,849 SF
Jefferson $178 24,351 SF
Elmwood $134 18,434 SF
River Ridge $168 12,850 SF

Multifamily Properties For Sale in Metairie

For Sale

The Pythian

New Orleans, LA 70112

  • 123,266 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Metairie 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 Metairie or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Metairie 134,274 58,435 42 $64,044 2 23,938 -4%
Kenner 64,416 24,390 41 $57,725 3 10,086 -3%
Jefferson 10,089 4,990 47 $50,579 2 2,412 -4%
Elmwood 5,874 3,376 38 $62,271 2 2,816 -1%
River Ridge 12,613 5,516 48 $76,985 2 1,664 -4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Metairie, 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 Metairie

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

Metairie 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 Metairie?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Metairie. 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 Metairie?

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

How does Metairie compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Metairie. 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 Metairie acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Metairie, 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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