Building Details

Year built 1980

Floors in Building 1

Building materials Metal Siding

Buildings 3

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

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

Added: Oct 17 Changed: Oct 23 Last Checked: Oct 23 at 3:06PM

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MLS# 2582371

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This flex property consists of three metal buildings with a combined office and warehouse layout. At 141 Maxwell Lane, the building contains 1,298 square feet of office space and 1,737 square feet of warehouse area. The 145 Maxwell Lane building has 3,536 square feet of warehouse space. At 153 Maxwell Lane, there are 999 square feet of office space and 1,899 square feet of warehouse area. The buildings were constructed in 1980.

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. Public water and sewer are available, along with natural gas service availability.

Key Highlights

• Three metal buildings with office and warehouse configurations
• 141 Maxwell Lane: 1,298 square feet of office space and 1,737 square feet of warehouse area
• 145 Maxwell Lane: 3,536 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

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Current Use

Adams Land & Marine Professional Services

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Spa & Massage Center Hair Salon

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

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 metal buildings combine office and warehouse space within a secured, paved site.

Where is this flex space located?

The property is located at 141 MAXWELL Lane 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 buildings with office and warehouse configurations; 141 Maxwell Lane: 1,298 square feet of office space and 1,737 square feet of warehouse area; 145 Maxwell Lane: 3,536 square feet of warehouse space