Light Industrial Flex
2716 Crestview St Kenner, LA 70062
For Sale
$899,000
Light industrial facility includes warehouse space with roll-up doors, office buildout, and a large fenced rear yard.
Property Size7,200 SF
Lot Size0.45 Acres
Price / SF$124.86
Days on Market129
Property Features for 2716 Crestview St
General Information
Standard status
Active
Size
7,200 SF
Lot size
0.45 Acres
Listing Agency:
The Agency of M. Grass Group, LLC
(504) 237-3359
Listed By:
Matthew Grass · License #23286
(504) 237-3359
Source:
Exprealty
Added: Mar 24
Changed: Jul 28
Last Checked: Jul 29 at 1:31PM
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 The Agency of M. Grass Group, LLC
Investment Insights
Based on property information with market context.
This light industrial flex property offers a functional mix of warehouse and office space designed for day-to-day operations. The building includes 5,200 SF of warehouse space with 20’ eave height, supported by one 14’ x 18’ roll-up door and one 14’ x 16’ roll-up door for efficient delivery and equipment access. Additional interior storage rooms provide added versatility, and the warehouse includes an extra half bath. The 2,000 SF office buildout contains four private offices, a kitchenette, one full bathroom, and two half baths.
The property sits on a 70’ x 281’ lot and features a large fenced rear yard. The outdoor space can support outdoor storage, fleet parking, laydown yard use, or accommodate future expansion.
As a move-in ready facility, the layout is suited to an owner-user seeking a balanced light industrial setup with dedicated office space and practical warehouse access, along with a yard component for operational flexibility.
The property sits on a 70’ x 281’ lot and features a large fenced rear yard. The outdoor space can support outdoor storage, fleet parking, laydown yard use, or accommodate future expansion.
As a move-in ready facility, the layout is suited to an owner-user seeking a balanced light industrial setup with dedicated office space and practical warehouse access, along with a yard component for operational flexibility.
Key Highlights
- Light industrial facility with 5,200 SF warehouse and 2,000 SF office, totaling 7,200 SF.
- Warehouse has 20' eave height plus roll‑up doors: one 14' x 18' and one 14' x 16'.
- Office buildout includes four private offices, kitchenette, one full bathroom, and two half baths.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $9.60 |
| − Vacancy | −$3.1k | −$0.43 |
| EGI | $66.0k | $9.17 |
| − OpEx | −$9.9k | −$1.38 |
| NOI | $56.1k | $7.79 |
7,200 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.43M
$1.25M – $1.66M
NOI $99,896 @ 7.0% cap · market cap 11.11%
Second Best
Warehouse
$801.5K
$701.4K – $935.1K
NOI $56,108 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $132,970 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Deniece's Kitchen & Catering LLC — 2727 Aberdeen St, Kenner, LA 70062
- Kenner Seafood, Market, Restaurant & Catering — 3140 Loyola Dr, Kenner, LA 70065
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial facility includes warehouse space with roll-up doors, office buildout, and a large fenced rear yard.
Where is this flex space located?
The property is located at 2716 Crestview St Kenner, LA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Light industrial facility with 5,200 SF warehouse and 2,000 SF office, totaling 7,200 SF.; Warehouse has 20' eave height plus roll‑up doors: one 14' x 18' and one 14' x 16'.; Office buildout includes four private offices, kitchenette, one full bathroom, and two half baths.
