Warehouse with Office
For Sale
Contact for pricing
2579 Lester St, Harvey, LA 70058
Renovated cinder block office/warehouse with multiple grade-level doors and private offices for flexible operational use.
Property Size12,117 SF
Lot Size1.80 Acres
Price / SF$0.00
Days on Market137
Property Features for 2579 Lester St
General Information
Standard status
Active
Size
12,117 SF
Lot size
1.80 Acres
Property subtype
Industrial
Lease Term
$7 SF/yr (NNN)
Additional Details
Drive-In Doors
4
Building Details
Building Size
12,117 SF
Properties For Sale
at 2579 Lester St
2579 Lester St
Size
12,117 SF
Term
Negotiable
Listing Agency:
Elifin Realty
Listed By:
Adrien Foley · License #955716500
(504) 352-3783
Source:
Elifinrealty
Added: Jun 2
Changed: Oct 4
Last Checked: Oct 16 at 7:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty
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Investment Insights
Based on property information with market context.
Located at 2579 Lester St in Harvey, LA, this renovated cinder block office/warehouse offers 12,117 SF on approximately 1.8 acres. The exterior has been refreshed, and the interior includes four private offices, a break room, and two restrooms—an appealing setup for teams that want workspace alongside storage and distribution.
Operational features include 19.5’ clear height and four grade-level doors: two 16’ doors and two 12’ doors. The site also provides flexibility with additional land available if more staging, parking, or expansion area is needed.
This property is well-suited for industrial and flex users that require direct warehouse access while keeping dedicated office space on site. It can also fit tenants looking for a straightforward layout with multiple loading options, plus a built-in administrative area that supports supervisors, dispatch, or client-facing functions without relying on offsite space.
Operational features include 19.5’ clear height and four grade-level doors: two 16’ doors and two 12’ doors. The site also provides flexibility with additional land available if more staging, parking, or expansion area is needed.
This property is well-suited for industrial and flex users that require direct warehouse access while keeping dedicated office space on site. It can also fit tenants looking for a straightforward layout with multiple loading options, plus a built-in administrative area that supports supervisors, dispatch, or client-facing functions without relying on offsite space.
Key Highlights
- Renovated 12,117 SF cinder block office/warehouse on 1.8 acres
- 19.5' clear height for warehouse operations
- Two 16' grade level doors plus two 12' grade level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,520
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,450,400
$1.5M
Cap Rate 7%
$1,036,000
$1.0M
Cap Rate 9%
$805,778
$805.8K
Market Conditions
NOI Build-Up for 12,117 SF
Gross rent
$109.1K $9.00/SF
− Vacancy
−$5.5K −$0.45/SF
EGI
$103.6K $8.55/SF
− OpEx
−$31.1K −$2.56/SF
NOI
$72.5K $5.98/SF
Area
Jefferson County, LA
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,450,400
Cap Rate 7%
$1,036,000
Cap Rate 9%
$805,778
Alternative Uses
Best Use
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,425 @ 7.0% cap · market cap 1,348,928.57%
Second Best
Flex RnD
$1.27M
$1.11M – $1.48M
NOI $88,842 @ 7.0% cap · market cap 1,269,171.43%
Theoretical Best
Office A
$3.20M
$2.80M – $3.73M
NOI $223,777 @ 7.0% cap · market cap 3,196,814.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70058, LA
41,377
Population
16,063
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
85%
High-School Grad
12.8 sq mi
ZIP Area
3,233
Density / Sq Mi
$58,533
Median Household Income
$34,680
Median Earnings
$1,217
Median Rent
$195,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Renovated cinder block office/warehouse with multiple grade-level doors and private offices for flexible operational use.
Where is this flex space located?
The property is located at 2579 Lester St Harvey, LA.
What are key features of this property?
This property features: Renovated 12,117 SF cinder block office/warehouse on 1.8 acres; 19.5' clear height for warehouse operations; Two 16' grade level doors plus two 12' grade level doors
