Heavy Industrial Maintenance
2002 Crow Lane Pelican Pelican, LA 71063
New
2002 Crow Lane Pelican, Pelican, LA, 71063
$7,200,000
72,000 SF heavy industrial facility on 40 acres with four bridge cranes, secure yard, and dock-high and grade-level access.
Property Size72,000 SF
Lot Size40.00 Acres
Price / SF$100
AddedJul 14
Days on Market3
Last RefreshJul 14 at 12:37 am
Property Features for 2002 Crow Lane Pelican
General Information
- Standard status
- Active
- Size
- 72,000 SF
- Lot size
- 40.00 Acres
Building Details
- Year Built
- 2017
Listing office (800) 683-5651
Listing date Jul 14, 2026
Source Jparhouston
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 Hans Jathanna
Investment Insights
Based on property information with market context.
This 72,000 SF heavy industrial operations complex is situated on approximately 40 acres and includes executive office space plus heavy-maintenance and warehouse components designed for large-scale equipment and fabrication activity. The office and administrative area totals approximately 20,725 SF and features 30 private offices, conference rooms, training areas, locker rooms with showers, two employee kitchens, and a fireproof records vault. A separate approximately 9,881 SF warehouse supports heavy-duty storage with secure caged areas, 24-foot 7-inch clear height, truck wells, dock-high loading, and grade-level access.
The centerpiece is a 42,000 SF heavy industrial maintenance facility with a 52-foot 7-inch clear height and four bridge cranes, including three 10-ton units and one 20-ton unit. The building also provides ten oversized overhead doors measuring approximately 28 feet 8 inches by 28 feet, supporting heavy equipment movement and maintenance workflows.
The property is built for secure, high-load operations with a fully fenced perimeter, reinforced concrete aprons, and a stabilized SB2 rock yard engineered for heavy equipment traffic. It includes excellent truck circulation, outdoor storage capability, and an integrated on-site water storage and fire suppression system, along with secure industrial yard provisions and secure warehouse caged storage areas.
The centerpiece is a 42,000 SF heavy industrial maintenance facility with a 52-foot 7-inch clear height and four bridge cranes, including three 10-ton units and one 20-ton unit. The building also provides ten oversized overhead doors measuring approximately 28 feet 8 inches by 28 feet, supporting heavy equipment movement and maintenance workflows.
The property is built for secure, high-load operations with a fully fenced perimeter, reinforced concrete aprons, and a stabilized SB2 rock yard engineered for heavy equipment traffic. It includes excellent truck circulation, outdoor storage capability, and an integrated on-site water storage and fire suppression system, along with secure industrial yard provisions and secure warehouse caged storage areas.
Key Highlights
- 72,000 SF heavy industrial operations complex on ~40 acres, built in 2017.
- 42,000 SF heavy industrial maintenance building with 52' 7" clear height and four bridge cranes (three 10‑ton, one 20‑ton).
- Warehouse/operations area includes 24' 7" clear height plus dock‑high loading and grade‑level access.
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 | $648.0k | $9.00 |
| − Vacancy | −$44.1k | −$0.61 |
| EGI | $603.9k | $8.39 |
| − OpEx | −$90.6k | −$1.26 |
| NOI | $513.3k | $7.13 |
72,000 SF · lease $9.00/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.33M
$6.42M – $8.56M
NOI $513,346 @ 7.0% cap · market cap 7.13%
Second Best
Industrial
$6.44M
$5.64M – $7.52M
NOI $450,939 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$15.20M
$13.30M – $17.73M
NOI $1,063,757 @ 7.0% cap · market cap 14.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dolet Hills Lignite ...
Electric Utility Company
Dolet Hills Lignite
Corporate Office
FAQs
What type of property is this?
Manufacturing property - 72,000 SF heavy industrial facility on 40 acres with four bridge cranes, secure yard, and dock-high and grade-level access.
Where is this manufacturing property located?
The property is located at 2002 Crow Lane Pelican Pelican, LA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: 72,000 SF heavy industrial operations complex on ~40 acres, built in 2017.; 42,000 SF heavy industrial maintenance building with 52' 7" clear height and four bridge cranes (three 10‑ton, one 20‑ton).; Warehouse/operations area includes 24' 7" clear height plus dock‑high loading and grade‑level access.
