Warehouse with Roll-Up
For Sale
$440,000
10470 W LA 190 Highway, Hammond, LA 70401
COMMERCIAL - Hammond, LA
Property Size7,907 SF
Lot Size2.20 Acres
Price / SF$55.65
Days on Market350
Property Features for 10470 W LA 190 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Not a Subdivision
Lot features
1-5 Acres, Oversized
Standard status
Active
Size
7,907 SF
Lot size
2.20 Acres
Taxes and HOA fees
Tax Description
2.20 AC in SEC 25 T6S, R6E
Legal Description
2.20 AC in SEC 25 T6S, R6E
Utilities
Water source
Well
Building Details
Year built
1978
Floors in Building
2
Listing Agency:
Elite Real Estate Advisors · Century 21 Real Estate
(985) 542-7601
Listed By:
Sergio Mesa · License #912124506
(985) 542-7601
Added: Aug 15, 2025
Changed: Jul 1
Last Checked: Jul 30 at 2:06PM
MLS# 2517067
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 commercial warehouse building offers a mixed-use layout with finished office/apartment space totaling 5,492 SF and 2,415 SF of open warehouse area. The open portion includes two 12' x 16' roll-up doors and 22' eaves, supporting straightforward loading and storage operations. The finished space is currently configured as five offices/apartments, and the property also generates additional rental income through container storage on-site.
The property is located at 10470 W LA 190 Highway in Hammond, Louisiana, on 2.2 acres with 165' of road frontage. Public remarks also note the location is in Flood Zone X.
For buyers and operators looking for an industrial asset with both enclosed warehouse functionality and on-site income from finished space and container storage, this offering provides a practical combination. The listing is presented as an investment opportunity with an 8% cap rate, and the site’s acreage and frontage may support expansion or laydown yard use consistent with the property’s existing layout.
The property is located at 10470 W LA 190 Highway in Hammond, Louisiana, on 2.2 acres with 165' of road frontage. Public remarks also note the location is in Flood Zone X.
For buyers and operators looking for an industrial asset with both enclosed warehouse functionality and on-site income from finished space and container storage, this offering provides a practical combination. The listing is presented as an investment opportunity with an 8% cap rate, and the site’s acreage and frontage may support expansion or laydown yard use consistent with the property’s existing layout.
Key Highlights
- High‑demand location between Hammond/Albany.
- Multiple income streams from offices, apartments, and container storage.
- 7,907 SF commercial warehouse on 2.2 acres with 165' of road frontage.**
Financial Insights For Warehouse
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 | $49.3k | $6.24 |
| − Vacancy | −$3.8k | −$0.49 |
| EGI | $45.5k | $5.75 |
| − OpEx | −$6.8k | −$0.86 |
| NOI | $38.7k | $4.89 |
7,907 SF · lease $6.24/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Apartment 5plus
$738.7K
$646.3K – $861.8K
NOI $51,707 @ 7.0% cap · market cap 11.75%
Second Best
Warehouse
$552.4K
$483.4K – $644.5K
NOI $38,668 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,578 @ 7.0% cap · market cap 34.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
2
Drive-in doors
5
Office units
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70401, LA
21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with office/apartment space and open storage, supported by two 12-by-16 roll-up doors on 2.2 acres.
Where is this warehouse located?
The property is located at 10470 W LA 190 Highway Hammond, LA.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: High‑demand location between Hammond/Albany.; Multiple income streams from offices, apartments, and container storage.; 7,907 SF commercial warehouse on 2.2 acres with 165' of road frontage.**
