1710 Fifth St, Kenner, LA 70062

Building Details

Year Built 2020 More

Building Size 5,800 SF More

Construction metal More

Listing Agency: NOLA Living Realty

Listed By: LINDSEY N THIBODEAUX, Eric Hernandez

Source: Fiorellaavenue

Added: Aug 4 Changed: Nov 6 Last Checked: Nov 8 at 8:47AM

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Investment Insights

Based on property information with market context.

Completed in 2020, this approximately 5,800-square-foot flex building combines 4,040 square feet of warehouse area with an office, commercial kitchen space, and an upstairs loft. Front and rear bay-door access supports movement through the warehouse, while ductless mini-split systems provide climate control in the main rooms. Seven parking spaces are positioned at the front of the building.

The property is located at 1710 5th Street in Kenner, Louisiana. It carries SI, or Special Industrial, zoning and is identified as being in an X flood zone. The combination of warehouse capacity, office accommodation, kitchen infrastructure, loft area, and flexible access creates a practical multi-use commercial layout.

Key Highlights

• Approximately 5,800 sq ft metal building constructed in 2020
• 4,040 sq ft of warehouse space
• Front and rear bay doors serve the warehouse

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$53,157

Cap Rate

8.12%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,063,140 $1.1M

Cap Rate 7%

$759,386 $759.4K

Cap Rate 9%

$590,633 $590.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,800 SF

Gross rent

$87.0K $15.00/SF

− Vacancy

−$5.2K −$0.90/SF

EGI

$81.8K $14.10/SF

− OpEx

−$28.6K −$4.94/SF

NOI

$53.2K $9.17/SF

Area

Jefferson County, LA

Vacancy

6.00%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,063,140

Cap Rate 7%

$759,386

Cap Rate 9%

$590,633

Alternative Uses

Best Use

Flex RnD

$759.4K

$664.5K – $886.0K (±1% cap)

NOI $53,157 @ 7.0% cap · market cap 8.12%

Second Best

Warehouse

$602.2K

$526.9K – $702.5K (±1% cap)

NOI $42,152 @ 7.0% cap · market cap 6.44%

Theoretical Best

Office A

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,114 @ 7.0% cap · market cap 16.35%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Richard Construction L.L.C. Construction Company

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop HVAC Service Bakery Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

721

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 70062, LA

16,627

Population

6,679

Households

2.5

Avg Household Size

38

Median Age

18%

College-Educated

77%

High-School Grad

7.1 sq mi

ZIP Area

2,342

Density / Sq Mi

$55,293

Median Household Income

$33,499

Median Earnings

$1,150

Median Rent

$197,500

Median Home Value

Market

Average Price Trend$/SF for Flex space in Kenner, LA

$154 Jul

$137 Aug

$139 Sep

$135 Oct

Properties on Market for Flex space in Kenner

Jul

Aug

Sep

Oct

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 - Special Industrial zoning supports a mixed warehouse, office, and commercial kitchen configuration.

Where is this flex space located?

The property is located at 1710 Fifth St Kenner, LA.

What is the asking price?

The asking price for this property is $655,000.

What are key features of this property?

This property features: Approximately 5,800 sq ft metal building constructed in 2020; 4,040 sq ft of warehouse space; Front and rear bay doors serve the warehouse