Flex Space with Loading
New
For Sale
$260,000
Pending
153 MAXWELL Lane, Marrero, LA 70072
Commercial Sale, Marrero, LA
Property Size2,898 SF
Days on Market7
Property Features for 153 MAXWELL Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M-3
Parking
3
Lot features
Corner Lot
Standard status
Pending
APN
0410000021, 0410001790
Size
2,898 SF
Additional Details
Property Use
Office Warehouse
Taxes and HOA fees
Tax Description
LOTS 13 AND 14 MAXWELL LN INC, BELL PLANTATION S/D
Legal Description
LOTS 13 AND 14 MAXWELL LN INC, BELL PLANTATION S/D
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Building materials
Metal Siding
Listing Agency:
Homesmart Realty South - Metairie · HomeSmart International
(504) 908-7653
Listed By:
Daniel J Trosclair · License #000004986
(504) 908-2426
Added: Oct 17
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 2582369
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,898-square-foot flex property was built in 1980 with metal siding. Its 999 square feet of office area includes multiple offices and storage rooms, central air and heat, and a half bath. Two 12-foot metal overhead doors provide loading access.
The corner parcel fronts River Road, with current entry from Maxwell Lane. A chain-link fence encloses the property, and roughly 10,000 square feet of concrete paving serves the parking, driveway, and yard areas. The site has M-3 zoning, natural gas availability, public water, and public sewer.
The corner parcel fronts River Road, with current entry from Maxwell Lane. A chain-link fence encloses the property, and roughly 10,000 square feet of concrete paving serves the parking, driveway, and yard areas. The site has M-3 zoning, natural gas availability, public water, and public sewer.
Key Highlights
- 2,898‑square‑foot building with 999 square feet of office space
- Two 12‑foot metal overhead loading doors
- About 10,000 square feet of concrete‑paved parking, driveway, and yard area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,584
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,680
$451.7K
Cap Rate 7%
$322,629
$322.6K
Cap Rate 9%
$250,933
$250.9K
Market Conditions
NOI Build-Up for 2,898 SF
Gross rent
$27.8K $9.60/SF
− Vacancy
−$1.3K −$0.43/SF
EGI
$26.6K $9.17/SF
− OpEx
−$4.0K −$1.38/SF
NOI
$22.6K $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%
$451,680
Cap Rate 7%
$322,629
Cap Rate 9%
$250,933
Alternative Uses
Best Use
Warehouse
$322.6K
$282.3K – $376.4K
NOI $22,584 @ 7.0% cap · market cap 8.69%
Second Best
Flex RnD
$303.5K
$265.6K – $354.1K
NOI $21,248 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$764.6K
$669.0K – $892.0K
NOI $53,520 @ 7.0% cap · market cap 20.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- SABRINA'S PALACE LLC — 602 5th Ave, Harvey, LA 70058
Frequently Asked Questions
What type of property is this?
Flex space - M-3 zoning accompanies a layout with office areas, storage rooms, and warehouse space.
Where is this flex space located?
The property is located at 153 MAXWELL Lane Marrero, LA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 2,898‑square‑foot building with 999 square feet of office space; Two 12‑foot metal overhead loading doors; About 10,000 square feet of concrete‑paved parking, driveway, and yard area
