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Flex Space with Garage Loading
For Sale
$499,000

15520 RIVER Road, Hahnville, LA 70057

Commercial Sale, Hahnville, LA

Property Size5,428 SF
Lot Size0.47 Acres
Price / SF$91.93
Days on Market117

Property Features for 15520 RIVER Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Parking features Parking Lot
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

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public
Water front 1

Amenities

kitchen
storage
garage doors

Building Details

Year built 1987
Floors in Building 1
Building materials Block, Brick
Listing Agency: AT Home Realty Group
Listed By: Andrea J Tyler · License #995685551
Added: Jun 29 Changed: Oct 23 Last Checked: Oct 23 at 5:06PM
MLS# 2565416

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 at 15520 River Road includes 14 private rooms, two bathrooms, a kitchen, and 1,400 square feet of storage. Three garage doors provide direct access to the storage area. The building has block and brick construction, a metal roof, spray foam insulation, updated electrical and plumbing systems, LED lighting, and a recently installed HVAC system.

The 0.4703-acre property is in an X flood zone and has open parking along with a secured parking area. Public water and sewer are available, and natural gas service is listed as available. The building was constructed in 1987 and is zoned Comm.

Key Highlights

  • 14 private rooms, two bathrooms, and a kitchen
  • 1,400 square feet of storage and three garage doors
  • 0.4703‑acre site in an X flood zone

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
Healthcare Medical
$1.13M
$989.3K – $1.32M (±1% cap)
NOI $79,140 @ 7.0% cap · market cap 15.86%
Second Best
Office B
$1.08M
$941.4K – $1.26M (±1% cap)
NOI $75,310 @ 7.0% cap · market cap 15.09%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,244 @ 7.0% cap · market cap 20.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Hair Salon Nail Salon Electrical Service

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

3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Fourteen private rooms and dedicated storage support a range of commercial layouts.
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, two bathrooms, and a kitchen; 1,400 square feet of storage and three garage doors; 0.4703‑acre site in an X flood zone
More about this property
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