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    5729 Salmen St, Unit B New Orleans, LA 70123

    For Lease
    $7 SF/Yr

    8,100 SF industrial space with office and storage.

    Property size:
    47,551 SF
    Lot size:
    47,551 SF

    Property Features for 5729 Salmen St

    General Information

    Size
    47,551 SF

    Source: Daniel V. Marse, CCIM Agent Daniel V. Marse, CCIM

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

    Overview

    Industrial Space with Loading Bay

    This 8,100 SF industrial space includes 1,800 SF of office space, a 1,400 SF loading bay, and 4,900 SF of dry storage. The property features both grade-level and dock-high loading capabilities. The warehouse door measures 24' x 15'10. There are seven designated parking spaces available, with additional on-street parking. The office area includes four office spaces. The tenant is responsible for a proportionate share of real estate taxes and operating expenses. Previously, the space was used as a flooring showroom with administrative offices. The property is located within the Elmwood submarket, the industrial hub of Southeastern Louisiana, which has a high concentration of transportation, warehousing, manufacturing, and wholesale trade businesses. The Elmwood submarket has a vacancy rate of less than 8%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Elmwood Records Center, Elmwood Self Storage & Wine Cellar, Iron Mountain, Randy Self Storage Unit, PODS New Orleans

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1969638
    Latitude
    29.9605419

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    FAQs

    What type of property is this?
    Warehouse - 8,100 SF industrial space with office and storage.
    Where is this warehouse located?
    The property is located at 5729 Salmen St, Unit B New Orleans, LA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 8,100 SF industrial space with a versatile layout including 1,800 SF of office space, a 1,400 SF loading bay, and 4,900 SF of dry storage.; - Located in Elmwood, the industrial hub of Southeastern Louisiana, with high demand and low vacancy rates (sub 8%).; - Offers both grade-level and dock-high loading capabilities.
    (504) 812-2388
    Request Owner's contact information
    5729 Salmen St, Unit B New Orleans, LA 70123
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    New Orleans, LA 70123
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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
    5729 Salmen St, Unit B New Orleans, LA 70123
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