Flex Space with Garage
For Sale
$499,000
15520 RIVER Road, Hahnville, LA 70057
Commercial, Hahnville, LA
Property Size7,000 SF
Lot Size0.47 Acres
Price / SF$91.93
Days on Market101
Property Features for 15520 RIVER Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Lot features
Oversized
Standard status
Active
APN
151900L00009
Size
5,428 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Description
LOT A MEAS. 105' ON RIVER ROAD X 100' X 105.02' X 102' LOT 75' ON RIVER ROAD X 99' X 75' X 111' BOUNDED BY LOUIS KELLER BELOW AND FRED PETIT ABOVE. LOT A IN HAHNVILLE, BEING A PORTION OF SEC. 3, T13SR20E
Legal Description
LOT A MEAS. 105' ON RIVER ROAD X 100' X 105.02' X 102' LOT 75' ON RIVER ROAD X 99' X 75' X 111' BOUNDED BY LOUIS KELLER BELOW AND FRED PETIT ABOVE. LOT A IN HAHNVILLE, BEING A PORTION OF SEC. 3, T13SR20E
Utilities
Water source
Public
Amenities
kitchen
bathrooms
secured parking
Building Details
Year built
1987
Floors in Building
1
Listing Agency:
AT Home Realty Group
(504) 352-6063
Listed By:
Andrea Tyler · License #995685551
(504) 233-0970
Added: Jun 29
Changed: Oct 6
Last Checked: Oct 7 at 1:06PM
MLS# 2565416
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 commercial flex property at 15520 River Road in Hahnville provides a multi-room configuration with 14 private rooms, two bathrooms, and a kitchen. The building also includes dedicated storage and three garage doors supporting loading, unloading, and inventory access. Cinder block construction is complemented by a new metal roof, spray foam insulation, updated electrical and plumbing systems, LED lighting, and a newly installed HVAC system.
The property is zoned Comm and located in an X flood zone. Parking includes both open spaces and a secured area. Public water serves the site, and the building was constructed in 1987. Its combination of room-level separation, service areas, storage, and loading access supports a range of commercial layouts.
The property is zoned Comm and located in an X flood zone. Parking includes both open spaces and a secured area. Public water serves the site, and the building was constructed in 1987. Its combination of room-level separation, service areas, storage, and loading access supports a range of commercial layouts.
Key Highlights
- 14 private rooms with two bathrooms and a kitchen
- Over 1,400 square feet of storage with three garage doors
- New metal roof, spray foam insulation, and updated building systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,798
Cap Rate
7.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,960
$796.0K
Cap Rate 7%
$568,543
$568.5K
Cap Rate 9%
$442,200
$442.2K
Market Conditions
NOI Build-Up for 5,428 SF
Gross rent
$65.1K $12.00/SF
− Vacancy
−$3.9K −$0.72/SF
EGI
$61.2K $11.28/SF
− OpEx
−$21.4K −$3.95/SF
NOI
$39.8K $7.33/SF
Area
St. Charles County, LA
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,960
Cap Rate 7%
$568,543
Cap Rate 9%
$442,200
Alternative Uses
Best Use
Office B
$1.08M
$941.4K – $1.26M
NOI $75,310 @ 7.0% cap · market cap 15.09%
Second Best
Flex RnD
$568.5K
$497.5K – $663.3K
NOI $39,798 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,244 @ 7.0% cap · market cap 20.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70057, LA
4,201
Population
1,628
Households
2.6
Avg Household Size
41
Median Age
15%
College-Educated
86%
High-School Grad
44.5 sq mi
ZIP Area
94
Density / Sq Mi
$62,361
Median Household Income
$45,286
Median Earnings
$676
Median Rent
$217,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial building with private rooms, storage, updated systems, and open plus secured parking.
Where is this flex space located?
The property is located at 15520 RIVER Road Hahnville, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 14 private rooms with two bathrooms and a kitchen; Over 1,400 square feet of storage with three garage doors; New metal roof, spray foam insulation, and updated building systems
