Land with Metal Workshop
12289 LEBLANC Lane lot X1c Walker, LA 70785
New
12289 LEBLANC Lane lot X1c, Walker, LA, 70785
$130,000
For Sale
$130,000
LAND - Walker, LA
Property Size900 SF
Lot Size1.00 Acre
Price / SF$144.44
Days on Market5
Property Features for 12289 LEBLANC Lane lot X1c
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- RES
- Standard status
- Active
- APN
- 0425496F
- Lot size
- 1.00 Acre
Utilities
- Water source
- Public
Listing agency
Keller Williams Realty Services
(985) 727-7000
Listed by
Anthony Neeson
(985) 727-7000
Added: Jul 17 Checked: Jul 21 at 3:06PM
MLS# 2568237
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 one-acre property includes a large clay-packed house pad that has been built up and compacted over two-plus years, providing a solid foundation ready for construction. The site also features a 2024 Mallett Premium Series 30x30 metal building with a 6-inch concrete floor, two 10x12 roll-up doors, and a side entry door. The current improvements support practical uses such as workshop space or storage, with the building also described as potentially convertible in the future.
The property is located in Flood Zone X, which can be helpful for planning. Utilities are available at the road, including electricity, water, and natural gas. The listing also notes there are no city restrictions, offering flexibility for residential or mixed use considerations under the provided zoning designation of RES.
Overall, the combination of a prepared pad and an on-site metal building gives this lot a ready-to-develop setup for a new build and immediate ancillary use.
The property is located in Flood Zone X, which can be helpful for planning. Utilities are available at the road, including electricity, water, and natural gas. The listing also notes there are no city restrictions, offering flexibility for residential or mixed use considerations under the provided zoning designation of RES.
Overall, the combination of a prepared pad and an on-site metal building gives this lot a ready-to-develop setup for a new build and immediate ancillary use.
Key Highlights
- 1.00‑acre lot with a large clay‑packed house pad built up and compacted over 2+ years
- Flood Zone X location
- 2024 Mallett Premium Series 30x30 metal building with a 6" concrete floor
Local 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 | $8.7k | $9.72 |
| − Vacancy | −$174 | −$0.19 |
| EGI | $8.6k | $9.53 |
| − OpEx | −$1.3k | −$1.43 |
| NOI | $7.3k | $8.10 |
900 SF · lease $9.72/SF/yr · vacancy 1.99% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$104.1K
$91.1K – $121.5K
NOI $7,288 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$215.5K
$188.6K – $251.5K
NOI $15,088 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - One-acre lot in Flood Zone X with a built-up house pad and a 2024 30x30 metal building.
Where is this residential land & home lot located?
The property is located at 12289 LEBLANC Lane lot X1c Walker, LA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1.00‑acre lot with a large clay‑packed house pad built up and compacted over 2+ years; Flood Zone X location; 2024 Mallett Premium Series 30x30 metal building with a 6" concrete floor
