Office Space
721 Papworth Avenue Metairie, LA 70005
Details & Description
Price: $2,070,000
    This is an owner occupied property. There are two buildings on-site. The main office building at 721 Papworth and a detached unoccupied 2-story 2,000sf walk-up structure, part of the 725 Carrolton lot. The 721 Papworth building has been known as the E & M Building and it has been home to contractors and construction businesses since it was built in 1965. This building does have an elevator, it is old and not to any current standards. There is a small elevator lobby, central stairwell and two common area restrooms on the ground floor. Two office suites are on the ground floor with private entrances, Suite 101, approximately 1,338 rsf, is a leased suite and Suite 102, approximately 5,593rsf, is the owner's suite. The owner is downsizing and will remain in a smaller suite to be determined. The video associated with the Listing is of the owner occupied suite. The ceiling heights in this area are approximately 9' and have above average finishes. This suite does have private restrooms. There is an approximate 300sf garage area with roll up door associated with this suite.
    Listing Agents
    Robert Stevens

    O: 504-229-4858
    M: 504-427-8176
    bob@tsgrealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    721 Papworth Avenue

    Metairie, LA 70005

    Listing ID: 241051
    • 721 Papworth Avenue Metairie, LA 70005 | for Sale | Photo 1
    • 721 Papworth Avenue Metairie, LA 70005 | for Sale | Photo 2
    • 721 Papworth Avenue Metairie, LA 70005 | for Sale | Photo 3
    721 Papworth Avenue | for Sale | Thumbnail 1
    721 Papworth Avenue | for Sale | Thumbnail 2
    721 Papworth Avenue | for Sale | Thumbnail 3
    Building Size: 12,700 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $162.99
    Land $/SF:
    Price
    $2,070,000
    Description

    This is an owner occupied property. There are two buildings on-site. The main office building at 721 Papworth and a detached unoccupied 2-story 2,000sf walk-up structure, part of the 725 Carrolton lot. The 721 Papworth building has been known as the E & M Building and it has been home to contractors and construction businesses since it was built in 1965. This building does have an elevator, it is old and not to any current standards. There is a small elevator lobby, central stairwell and two common area restrooms on the ground floor. Two office suites are on the ground floor with private entrances, Suite 101, approximately 1,338 rsf, is a leased suite and Suite 102, approximately 5,593rsf, is the owner's suite. The owner is downsizing and will remain in a smaller suite to be determined. The video associated with the Listing is of the owner occupied suite. The ceiling heights in this area are approximately 9' and have above average finishes. This suite does have private restrooms. There is an approximate 300sf garage area with roll up door associated with this suite.

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New Orleans History of Office Space for Sale

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    Metairie Area Market Trends

    Listing Demographics for 721 Papworth Avenue Metairie, LA 70005

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population18,992127,871329,772
    Population Median Age414140
    Population by Age0-9 Yrs2425 (12%)15153 (11%)36452 (11%)
    10-19 Yrs1288 (6%)11015 (8%)32451 (9%)
    20-29 Yrs2705 (14%)17144 (13%)50865 (15%)
    30-39 Yrs2926 (15%)21719 (16%)52188 (15%)
    40-49 Yrs2307 (12%)14620 (11%)39715 (12%)
    50-59 Yrs2524 (13%)17289 (13%)42210 (12%)
    60-69 Yrs2539 (13%)16161 (12%)40599 (12%)
    70+ Yrs2278 (11%)14770 (11%)35292 (10%)
    Median HH Income$67,560$58,659$50,877
    Total Household Income< 24K1612 (18%)12157 (21%)37110 (27%)
    25-49K1754 (20%)12203 (22%)29861 (22%)
    50-74K1314 (15%)8381 (15%)20381 (15%)
    75-99K1142 (13%)6325 (11%)14105 (10%)
    100-199K1824 (21%)11548 (20%)24683 (18%)
    200K+915 (10%)4817 (8%)9500 (7%)
    Highest Education LevelNo Diploma702791627783
    Diploma or GED33792029954279
    Some College23971903849029
    Assoc. Degree629452610866
    Bachelors Degree43732557357559
    Higher Degree30791871039875
    Total Housing Units9,39962,689161,603
    --Owner-Occupied5,02729,33368,784
    --Renter-Occupied3,53426,09866,855
    Owner-Occupied Values< 100K18817754843
    100-199K750522816746
    200-299K1603776119032
    300-399K806535910847
    400-499K54630256018
    500K+1133618511298
    Total Working Age Population15,764106,035274,686
    In Work Force10,92771,392175,221
    Not In Work Force4,83734,64399,465
    Workforce Employed10,49268,178164,250
    Workforce Unemployed4233,06310,363
    Civlian Workforce10,91571,241174,613
    Military Workforce12152608
    Total Households8,56155,431135,639
    Family Households4,53729,19468,308
    Non-Family Households4,02326,23767,331
    Married Couple3,35120,72344,233
    Other Family1,1868,47124,075
    Married w/Child1,2957,61015,324
    Single Male w/Child1098732,374
    Single Female w/Child3973,3359,487

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Jefferson Parish455,466-5432,552+4450,200+1454,670
    Orleans Parish484,674-29343,829-26255,4400256,010
    St. Charles Parish48,072+1052,780+1057,930+560,580
    St. John the Baptist Parish43,044+745,924+2557,410+1365,110

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 721 Papworth Avenue in Metairie?
    The asking price for 721 Papworth Avenue is $2,070,000
    What is the building size of this Office property in Metairie, LA?
    The size of the building/unit at 721 Papworth Avenue in Metairie is 12,700 square feet
    What kind of Office is the propery at 721 Papworth Avenue?
    The property at 721 Papworth Avenue Metairie, LA 70005 is listed as a Professional Office property
    What is the population within 1 mile of 721 Papworth Avenue in Metairie?
    The population within 1 mile of 721 Papworth Avenue Metairie, LA 70005 is 18,992 people.
    Who do I contact for questions about 721 Papworth Avenue?
    You should contact the listing agent, Robert Stevens, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Louis Armstrong New Orleans International Airport (MSY) 8
    Gulfport Biloxi International Airport (GPT) 69
    Lafayette Regional Airport (LFT) 112