Light Industrial Live-Work
1415 LLOYD PRICE Avenue Kenner, LA 70062
For Sale
$215,000
COMMERCIAL - Kenner, LA
Property Size961 SF
Lot Size0.17 Acres
Price / SF$223.73
Days on Market114
Property Features for 1415 LLOYD PRICE Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LI
Parking features
Carport
Standard status
Active
APN
0920018009
Size
961 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Description
LOTS 15 16 SQ 31 KENNER
Utilities
Water source
Public
Building Details
Year built
1960
Floors in Building
1
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Jeffery Frederick · License #995683448
(504) 669-8822
Added: Apr 6
Changed: Jun 16
Last Checked: Jul 28 at 9:06AM
MLS# 2551458
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property combines residential space with functional work/storage features under Light Industrial (LI) zoning. The home offers one bedroom and one bathroom in a flexible layout, including a spacious kitchen, tray ceilings, and a vaulted living area. There is also a separated room that can serve as an office, along with ample interior storage. Outside, the property is built for controlled access and practical use, featuring a tall gated fence, covered rear parking, and a reinforced 6-inch concrete driveway designed to support larger vehicles and equipment.
The site includes dual gated access to the rear yard, which provides additional open space for adaptable use. The exterior setup is further supported by RV hookups, including 50-amp electrical service and water and sewer connections.
For business owners or operators looking for a combined live/work configuration, the property’s office-ready room and dedicated work-oriented exterior improvements may support everyday needs on site. For residential buyers, the home’s interior amenities and flexible rooming can accommodate work-from-home use, while the rear yard and utilities offer added utility beyond a typical single-family setup. The LI zoning may provide additional flexibility for certain business and storage-oriented activities, subject to applicable rules.
The site includes dual gated access to the rear yard, which provides additional open space for adaptable use. The exterior setup is further supported by RV hookups, including 50-amp electrical service and water and sewer connections.
For business owners or operators looking for a combined live/work configuration, the property’s office-ready room and dedicated work-oriented exterior improvements may support everyday needs on site. For residential buyers, the home’s interior amenities and flexible rooming can accommodate work-from-home use, while the rear yard and utilities offer added utility beyond a typical single-family setup. The LI zoning may provide additional flexibility for certain business and storage-oriented activities, subject to applicable rules.
Key Highlights
- Light Industrial Zoning: Allows for residential, office, or live/work use, providing unmatched flexibility.
- RV Hookups: Includes 50‑amp electrical service, water, and sewer connections, adding significant utility.
- Reinforced Concrete Driveway & Gated Access: Designed for larger vehicles and equipment with dual gated access to the rear yard.
Financial Insights For Office B
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 | $21.7k | $22.56 |
| − Vacancy | −$3.9k | −$4.06 |
| EGI | $17.8k | $18.50 |
| − OpEx | −$4.4k | −$4.62 |
| NOI | $13.3k | $13.87 |
961 SF · lease $22.56/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$190.5K
$166.7K – $222.2K
NOI $13,333 @ 7.0% cap · market cap 6.20%
Second Best
Mixed Use
$181.2K
$158.6K – $211.4K
NOI $12,685 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$253.5K
$221.9K – $295.8K
NOI $17,748 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - A light industrial-zoned home with gated access, covered rear parking, and setup for RV use.
Where is this live-work space located?
The property is located at 1415 LLOYD PRICE Avenue Kenner, LA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Light Industrial Zoning: Allows for residential, office, or live/work use, providing unmatched flexibility.; RV Hookups: Includes 50‑amp electrical service, water, and sewer connections, adding significant utility.; Reinforced Concrete Driveway & Gated Access: Designed for larger vehicles and equipment with dual gated access to the rear yard.
