141 Maxwell Ln, Marrero, LA 70072

Building Details

Buildings 3 More

Construction metal building More

Listing Agency: Homesmart Realty South - Metairie v***@hsrealtysouth.com Show Phone

Listed By: Daniel J Trosclair · License #000004986 Show Phone

Source: Exprealty

Added: Oct 17 Changed: Nov 1 Last Checked: Nov 6 at 2:20PM

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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 Homesmart Realty South - Metairie

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Investment Insights

Based on property information with market context.

Three metal buildings at 141, 145, and 153 Maxwell Lane provide a mix of office and warehouse space. The 141 Maxwell Lane building has 1,298 square feet of office area and 1,737 square feet of warehouse space. At 145 Maxwell Lane, the building contains 3,536 square feet of warehouse space. The 153 Maxwell Lane building includes 999 square feet of office area and 1,899 square feet of warehouse space.

The property spans five lots and is zoned M-3. A chain-link fence encloses the site, which includes more than 26,800 square feet of paved concrete parking, driveway, and yard area. The property is in Flood Zone X.

Key Highlights

• Three metal office‑and‑warehouse buildings at 141, 145, and 153 Maxwell Lane
• Five lots zoned M‑3
• 141 Maxwell Lane: 1,298 square feet of office space and 1,737 square feet of warehouse space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$56,834

Cap Rate

7.58%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,136,680 $1.1M

Cap Rate 7%

$811,914 $811.9K

Cap Rate 9%

$631,489 $631.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,496 SF

Gross rent

$85.5K $9.00/SF

− Vacancy

−$4.3K −$0.45/SF

EGI

$81.2K $8.55/SF

− OpEx

−$24.4K −$2.56/SF

NOI

$56.8K $5.98/SF

Area

Jefferson County, LA

Vacancy

5.00%

Lease Rate

$9.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,136,680

Cap Rate 7%

$811,914

Cap Rate 9%

$631,489

Alternative Uses

Best Use

Warehouse

$1.06M

$925.0K – $1.23M (±1% cap)

NOI $74,000 @ 7.0% cap · market cap 9.87%

Second Best

Flex RnD

$994.6K

$870.3K – $1.16M (±1% cap)

NOI $69,625 @ 7.0% cap · market cap 9.28%

Theoretical Best

Office A

$2.51M

$2.19M – $2.92M (±1% cap)

NOI $175,372 @ 7.0% cap · market cap 23.38%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Adams Land & Marine Professional Services

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Building Supply Big Box & Wholesale Store

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

Yes

Fenced yard

Location Intelligence

Trade Area within ½ mile

259

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 70072, LA

56,924

Population

22,845

Households

2.5

Avg Household Size

39

Median Age

16%

College-Educated

80%

High-School Grad

51.8 sq mi

ZIP Area

1,099

Density / Sq Mi

$55,866

Median Household Income

$34,411

Median Earnings

$1,091

Median Rent

$190,700

Median Home Value

Market

Average Price Trend$/SF for Flex space in Jefferson County, LA

$138 Jul

$120 Aug

$137 Sep

$140 Oct

Properties on Market for Flex space in Jefferson County

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Flex space - Three buildings combine office and warehouse areas within a fenced, paved site.

Where is this flex space located?

The property is located at 141 Maxwell Ln Marrero, LA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Three metal office‑and‑warehouse buildings at 141, 145, and 153 Maxwell Lane; Five lots zoned M‑3; 141 Maxwell Lane: 1,298 square feet of office space and 1,737 square feet of warehouse space