Building Details

Building Size 5,400 SF

Listing Agency: Elifin Realty

Listed By: Adrien Foley · License #955716500 Show Phone

Source: Elifinrealty

Added: Jun 2 Changed: Oct 6 Last Checked: Oct 5 at 5:39PM

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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 Elifin Realty

Investment Insights

Based on property information with market context.

This office/warehouse flex space offers a functional layout designed for both work space and storage. The property includes three grade-level roll-up doors and two private offices, and each office is equipped with its own bathroom.

The building is described as having excellent accessibility, with proximity to Veterans Blvd and within about five minutes of I-10 and MSY. The property is zoned S-I, Special Industrial.

For sale as a single office/warehouse configuration totaling approximately 15,400 square feet, the space combines operational warehouse access with dedicated private office areas.

Key Highlights

• 5,400 SF office/warehouse space with a functional layout
• 3 grade‑level roll‑up doors for flexible warehouse access
• 2 private offices, each with a bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$42,081

Cap Rate

6.05%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$841,620 $841.6K

Cap Rate 7%

$601,157 $601.2K

Cap Rate 9%

$467,567 $467.6K

Market Conditions

NOI Build-Up for 5,400 SF

Gross rent

$51.8K $9.60/SF

− Vacancy

−$2.3K −$0.43/SF

EGI

$49.5K $9.17/SF

− OpEx

−$7.4K −$1.38/SF

NOI

$42.1K $7.79/SF

Area

Jefferson County, LA

Vacancy

4.50%

Lease Rate

$9.60 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$841,620

Cap Rate 7%

$601,157

Cap Rate 9%

$467,567

Alternative Uses

Best Use

Warehouse

$601.2K

$526.0K – $701.4K (±1% cap)

NOI $42,081 @ 7.0% cap · market cap 6.05%

Second Best

Flex RnD

$565.6K

$494.9K – $659.9K (±1% cap)

NOI $39,593 @ 7.0% cap · market cap 5.70%

Theoretical Best

Office A

$1.42M

$1.25M – $1.66M (±1% cap)

NOI $99,727 @ 7.0% cap · market cap 14.35%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Wholesale Auto Care ... Auto Repair Shop Elite Remodeling of Kenner Hardware & Home Improvement C - Closets, LLC. Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Gym & Fitness Center Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Drive-in doors

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

1,124

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 70062, LA

16,627

Population

6,679

Households

2.5

Avg Household Size

38

Median Age

18%

College-Educated

77%

High-School Grad

7.1 sq mi

ZIP Area

2,342

Density / Sq Mi

$55,293

Median Household Income

$33,499

Median Earnings

$1,150

Median Rent

$197,500

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Office/warehouse space with three grade-level roll-up doors and two private offices with bathrooms.

Where is this flex space located?

The property is located at 1334 Danville St Kenner, LA.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 5,400 SF office/warehouse space with a functional layout; 3 grade‑level roll‑up doors for flexible warehouse access; 2 private offices, each with a bathroom