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    432 Mcdermott Rd Venice, LA 70091

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    For Lease
    $10,000 /Mo ($20 SF/Yr)

    Industrial property with warehouse, waterfront, and fenced yard for sublease.

    Property size:
    6,000 SF
    Lot size:
    6,000 SF

    Property Features for 432 Mcdermott Rd

    General Information

    Size
    6,000 SF

    Source: James Barse, CCIM, SIOR Agent James Barse, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Warehouse with Fenced Yard

    This industrial waterfront property is available for sublease and features approximately 6,000 square feet of warehouse space on approximately 6 acres of land. The property is zoned Industrial and includes 600 feet of waterfront along Canal #2. It features a fenced-in yard with approximately 400 feet of newly installed bulkhead along Tiger Pass. The NNN lease ends January 31, 2024, with an additional 5-year option to extend. The property is located at the end of McDermott Rd in Venice, LA.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Wholesale Shop Restaurant Seafood Restaurant Fish Market Parking Facility Bed & Breakfast Hotel & Motel Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Plaquemines
    State
    Louisiana
    Longitude
    -89.35912
    Latitude
    29.258215

    FAQs

    What type of property is this?
    Warehouse - Industrial property with warehouse, waterfront, and fenced yard for sublease.
    Where is this warehouse located?
    The property is located at 432 Mcdermott Rd Venice, LA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Sublease available for $10,000/month (NNN) - a significant savings from the original $20,000/month.; - Enjoy ±6 acres of land with ±600' waterfront along Canal #2.; - Includes ±6,000 SF warehouse space.
    (504) 439-9376
    Request Owner's contact information
    432 Mcdermott Rd Venice, LA 70091
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    Venice, LA 70091
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    Realmo Value Estimation

    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.

    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.

    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
    432 Mcdermott Rd Venice, LA 70091
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