9203 HIGHWAY 23, Belle Chasse, LA 70037
Industrial complex with six buildings on 4.68 acres.
- Added:
- Jul 17, 2024
- Days on Market:
- 697
- Last Refresh:
- May 19 at 10:51 pm
Property Features for 9203 HIGHWAY 23
General Information
- Standard status
- Active
- Size
- 64,105 SF
- Lot size
- 4.68 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2000
Listing agent Matthew Eaton License #000072493 (504) 339-2136
Listing office Southeast Commercial of MS, LLC (504) 339-2136
Listing date Jul 17, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Southeast Commercial of MS, LLC
HighLights
- Large industrial complex spanning 4.68 acres with six buildings.
- Building #2: Dock high warehouse (20,880 sq.ft.) with 43’ eaves, heavy floor load capacity, and a high expansive foam suppression system.
- Building #3: Two‑story manufacturing warehouse (approx. 26,500 sq.ft.) with offices/lab space, heavy floor load capacity on each level, and a foam suppression system.
- Buildings #5 & #6: Connected warehouses totaling approximately 23,869 sq.ft. with 20’ eave heights; Building #5 is partially fire‑rated.
- Building #1 includes a 6,000 sq.ft. main warehouse and a 1,360 sq.ft. small warehouse.
- Building #4 is a 2,400 sq.ft. general office building with individual offices and large meeting rooms.
Overview
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 | $638.5k | $9.96 |
| − Vacancy | −$31.9k | −$0.50 |
| EGI | $606.6k | $9.46 |
| − OpEx | −$91.0k | −$1.42 |
| NOI | $515.6k | $8.04 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Boat Sheds — Alfred St, Belle Chasse, LA 70037
- Southern Self Storage — 9541 LA-23, Belle Chasse, LA 70037
- Southern Self Storage — 9491 LA-23, Belle Chasse, LA 70037
Location Insight
- Map
- Local Demand
- City
- Belle Chasse
- County
- Plaquemines
- State
- Louisiana
- Longitude
- -90.0017
- Latitude
- 29.8348