Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 3RD Street Kenner, LA 70062

    View on Map
    For Sale
    $275,000

    Vacant Land - Kenner, LA

    Property size:
    51,957 SF
    Lot size:
    1.22 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    40
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 0 3RD Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    S-i
    Standard status
    Active
    Size
    51,957 SF
    Lot size
    1.22 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gregg Tepper
    Gregg Tepper

    Listing agent Gregg Tepper

    Listing office Keller Williams Realty Services 1522 W. Causeway Approach, Mandeville, LA

    Listing date Feb 19, 2026

    MLS# 2543552 Listing URL

    Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kenner Vacant Industrial Land Parcel

    This 1.22-acre vacant land parcel is located on 3rd Street in Kenner, Louisiana. The property is zoned Special Industrial (S-i), offering flexible allowances suitable for a range of industrial uses. The site is within walking distance of the Mississippi River, providing convenient access to the waterfront.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Kenner
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.275244
    Latitude
    29.976215

    Nearby Similar for Sale

    • $374,999
      2,890 SF

      Kenner Commercial Buildings For Sale

      Commercial buildings on Williams Blvd, convenient location, great business spot.
      4105-4107 WILLIAMS Boulevard, Kenner, LA 70065
      View Details
    • $449,900
      4,470 SF

      Kenner Tri-Plex with Private Patios

      Well-maintained townhouse-style triplex in Kenner with private patios.
      2622 BESSEMER Street, Kenner, LA 70062
      View Details
    • $515,000
      4,960 SF

      Kenner 4-Plex Multifamily Investment

      Well-maintained 4-unit property with income potential in Kenner, Louisiana.
      813 VOURAY Drive, Kenner, LA 70065
      View Details
    • $569,000

      Corner Lots Near Airport

      Commercial zoned vacant land near the airport in Kenner, Louisiana.
      VETERANS MEMORIAL Boulevard, Kenner, LA 70062
      View Details
    • $1,300,000
      7,000 SF

      Prime Commercial Spot on Williams

      Commercial building on Williams Blvd, Kenner, LA, for sale.
      3601 WILLIAMS Boulevard, Kenner, LA 70065
      View Details
    • $58,500

      Kenner Commercial Land For Sale

      Commercial land available in Kenner's commercial corridor.
      908 WILLIAMS Boulevard, Kenner, LA 70062
      View Details
    • $1,200,000
      6,572 SF

      Kenner Multifamily Investment Opportunity

      Nine-unit multifamily property in Kenner with strong rental income potential.
      2222 FLORIDA Avenue, Kenner, LA 70062
      View Details
    • $1,200,000
      6,572 SF

      Kenner Multifamily Investment Opportunity

      Nine-unit multifamily property in Kenner with strong rental income potential.
      2222 FLORIDA Avenue, Kenner, LA 70062
      View Details
    • $699,900
      3,420 SF

      Renovated Office Building in Kenner

      Turnkey office building in prime Kenner location.
      3316 Florida Ave, Kenner, LA 70065
      View Details
    • $150,000

      Kenner Vacant Land Opportunity

      Vacant land ready for construction in Kenner, Louisiana.
      3148 VIRGINIA Street, Kenner, LA 70065
      View Details
    • $150,000

      Kenner Vacant Land Opportunity

      Vacant land ready for construction in Kenner, Louisiana.
      3162 VIRGINIA Street, Kenner, LA 70065
      View Details
    • $88,000
      2,995 SF

      Residential Land in Kenner, LA

      Vacant lot suitable for building a new home or investment.
      1512 WEBSTER Street, Kenner, LA 70062
      View Details

    FAQs

    What type of property is this?
    Industrial land - 1.22 acre industrial land parcel in Kenner, Louisiana.
    Where is this industrial land located?
    The property is located at 0 3RD Street Kenner, LA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 1.22 acre parcel; Zoned Special Industrial offering flexible allowances; Located on 3rd Street in Kenner
    (985) 218-5445
    We can help!
    Listing Contact
    Gregg Tepper
    Gregg Tepper
    Real Estate License ID: 995700267
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!