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Light Industrial Live-Work Home

1415 LLOYD PRICE Avenue Kenner, LA 70062

Claim this Listing
For Sale
$215,000

COMMERCIAL - Kenner, LA

Property size:
961 SF
Lot size:
0.17 Acres
Price / SF:
$223/SF
Added:
Apr 6, 2026
Days on Market:
97
Last Refresh:
Jul 11 at 12:06 pm

Property Features for 1415 LLOYD PRICE Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
LI
Parking features
Carport
Standard status
Active
APN
0920018009
Size
961 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Description
LOTS 15 16 SQ 31 KENNER

Utilities

Water source
Public

Building Details

Year built
1960
Floors in Building
1

Listing agent Jeffery Frederick License #995683448

Listing office KELLER WILLIAMS REALTY 455-0100 3500 N Causeway Blvd Suite 350, Metairie, LA

Listing date Apr 6, 2026

MLS# 2551458

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.


Investment Insights

Based on property information with market context.

This property combines residential space with functional work/storage features under Light Industrial (LI) zoning. The home offers one bedroom and one bathroom in a flexible layout, including a spacious kitchen, tray ceilings, and a vaulted living area. There is also a separated room that can serve as an office, along with ample interior storage. Outside, the property is built for controlled access and practical use, featuring a tall gated fence, covered rear parking, and a reinforced 6-inch concrete driveway designed to support larger vehicles and equipment.

The site includes dual gated access to the rear yard, which provides additional open space for adaptable use. The exterior setup is further supported by RV hookups, including 50-amp electrical service and water and sewer connections.

For business owners or operators looking for a combined live/work configuration, the property’s office-ready room and dedicated work-oriented exterior improvements may support everyday needs on site. For residential buyers, the home’s interior amenities and flexible rooming can accommodate work-from-home use, while the rear yard and utilities offer added utility beyond a typical single-family setup. The LI zoning may provide additional flexibility for certain business and storage-oriented activities, subject to applicable rules.

Key Highlights

  • Light Industrial Zoning: Allows for residential, office, or live/work use, providing unmatched flexibility.
  • RV Hookups: Includes 50‑amp electrical service, water, and sewer connections, adding significant utility.
  • Reinforced Concrete Driveway & Gated Access: Designed for larger vehicles and equipment with dual gated access to the rear yard.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $21.7k $22.56
− Vacancy −$3.9k −$4.06
EGI $17.8k $18.50
− OpEx −$4.4k −$4.62
NOI $13.3k $13.87
961 SF · lease $22.56/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$190.5K
$166.7K – $222.2K (±1% cap)
NOI $13,333 @ 7.0% cap · market cap 6.20%
Second Best
Mixed Use
$181.2K
$158.6K – $211.4K (±1% cap)
NOI $12,685 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$253.5K
$221.9K – $295.8K (±1% cap)
NOI $17,748 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Real Estate Agency Dental Office Pharmacy Furniture & Home Goods Accounting Firm Electrical Service Grocery & Convenience Store Gym & Fitness Center Carpet & Flooring Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - A light industrial-zoned home with gated access, covered rear parking, and setup for RV use.
Where is this live-work space located?
The property is located at 1415 LLOYD PRICE Avenue Kenner, LA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Light Industrial Zoning: Allows for residential, office, or live/work use, providing unmatched flexibility.; RV Hookups: Includes 50‑amp electrical service, water, and sewer connections, adding significant utility.; Reinforced Concrete Driveway & Gated Access: Designed for larger vehicles and equipment with dual gated access to the rear yard.
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