141-153 Maxwell Ln Marrero, LA 70072
141-153 Maxwell Ln, Marrero, LA, 70072
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For Sale
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Industrial properties
Property Size9,469 SF
Lot Size1.81 Acres
Price / SF$162.11
Days on Market747
Property Features for 141-153 Maxwell Ln
General Information
- Standard status
- Active
- Size
- 9,469 SF
- Lot size
- 1.81 Acres
- Property subtype
- Industrial
Listing Agency
NAI Rampart
(504) 288-4100
Listed by
Reed Wiley, CCIM · License #LA BROK.995704349-ASA
Source
Crexi
Added: Jul 2, 2024 Checked: Jul 17 at 7:25 am
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 NAI Rampart
Investment Insights
Based on property information with market context.
Key Highlights
- Prime industrial corridor location on River Road in Marrero, Louisiana.
- Large lot size: ±1.81 Acres (78,732 SF) providing ample parking/lay‑down and development opportunity.
- Existing improvements: Approximately 9,469 SF of building space.
Local Financial Insights For Industrial
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 | $85.2k | $9.00 |
| − Vacancy | −$4.3k | −$0.45 |
| EGI | $81.0k | $8.55 |
| − OpEx | −$24.3k | −$2.56 |
| NOI | $56.7k | $5.98 |
9,469 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$809.6K
$708.4K – $944.5K
NOI $56,672 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.19M – $2.91M
NOI $174,873 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
FAQs
Where is this industrial property located?
The property is located at 141-153 Maxwell Ln Marrero, LA.
What is the asking price?
The asking price for this property is $1,535,000.
What are key features of this property?
This property features: Prime industrial corridor location on River Road in Marrero, Louisiana.; Large lot size: **±1.81 Acres (78,732 SF) providing ample parking/lay‑down and development opportunity.**; Existing improvements: Approximately 9,469 SF of building space.
