Warehouse with Roll-Up
10470 W LA 190 Highway Hammond, LA 70401
For Sale
$440,000
COMMERCIAL - Hammond, LA
Property Size7,907 SF
Lot Size2.20 Acres
Price / SF$55.65
Days on Market347
Property Features for 10470 W LA 190 Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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
Utilities
- Water source
- Well
Building Details
- Year built
- 1978
- Floors in Building
- 2
Listing Agency:
Elite Real Estate Advisors
(985) 542-7601
Listed By:
Sergio Mesa · License #912124506
(985) 542-7601
Added: Aug 15, 2025
Changed: Jul 1
Last Checked: Jul 27 at 12:06AM
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
FAQs
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.**
