Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Land Ready For Development Title is generated by Realmo AI

    28638 Krentel Rd, Lacombe, LA 70445

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    3.77 acres of I-1 industrial land with easy access.

    Type:Land
    Lot size:
    3.77 Acres
    Added:
    Jul 10, 2025
    Days on Market:
    328
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for 28638 Krentel Rd

    General Information

    Standard status
    Active
    Lot size
    3.77 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jeff Breland

    Listing agent Jeff Breland License #53741

    Listing office Century 21 Investment Realty Slidell

    Listing date Jul 10, 2025

    Source Crexi

    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 Century 21 Investment Realty Slidell

    HighLights

    • Easy access to I‑12 from Krentel Rd.
    • Centrally located between east and west side of St. Tammany Parish and within 15 minutes to I‑10/12/59 split
    • Ready to build on
    • I‑1 Industrial Land
    • Mostly cleared & stabilized
    • Over 301' of frontage on Krentel Rd.

    Overview

    This 3.77-acre industrial land parcel is available for sale. The property is mostly cleared and stabilized, making it ready for construction. It is zoned I-1 industrial land and offers over 301 feet of frontage on Krentel Road. The location provides easy access to I-12 from Krentel Road and is centrally located between the east and west sides of St. Tammany Parish. The site is within 15 minutes of the I-10/12/59 split and is situated in a growing commercial and industrial corridor.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Department Store Food Market HVAC Service Grocery & Convenience Store Skin Care Clinic Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lacombe
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -89.923761
    Latitude
    30.358037

    Nearby Similar for Sale

    • $479,000
      10,750 SF

      Lacombe Commercial Building on Highway 190

      Multi-purpose 10,750 sq ft building on 1.21 acres.
      28017 HWY 190, Lacombe, LA 70445
      View Details
    • $139,000
      86,772 SF

      Prime Commercial Land in Lacombe

      Two-acre commercial land ready for development in Lacombe, Louisiana.
      61016 NEHL Street, Lacombe, LA 70445
      View Details
    • $65,000

      Prime Building Site in Lacombe

      2.13 acre building site with easy access to I-12.
      N MILL Road lot: 0, Lacombe, LA 70445
      View Details
    • $70,000

      Waterfront Land in Lacombe, Louisiana

      Waterfront lot near Lake Pontchartrain, ideal for building a home.
      2678 LUCILLE Drive lot: 13, Lacombe, LA 70445
      View Details
    • $120,000

      5-Acre Timberland Parcel

      5-acre parcel with frontage and depth, timberland zoning.
      BOBS Road lot: 1, Lacombe, LA 70445
      View Details
    • $225,000

      Land with Private Setting

      9.055 acres of land with gated driveway.
      03 SALLY WELCH Road, Lacombe, LA 70445
      View Details
    • $74,900

      Waterfront Land in Quiet Community

      Waterfront land perfect for weekend home or relaxed living.
      MANDANE Drive lot: A, Lacombe, LA 70445
      View Details
    • $74,900

      Waterfront Land in Quiet Community

      Corner waterfront lot with 520 feet of waterfront.
      MURIEL Lane lot: 29&30, Lacombe, LA 70445
      View Details
    • $92,000

      Highway Frontage Commercial Lot

      High-visibility commercial lot on Highway 190 in Lacombe, LA.
      HIGHWAY 190 lot: 1&12, Lacombe, LA 70445
      View Details
    • $225,000

      Residential Land Near Lake Pontchartrain

      2.21-acre residential land with deep water access.
      59274 CYPRESS BAYOU Lane lot: 89, Lacombe, LA 70445
      View Details
    • $37,500

      Lacombe Land Ready For Homesite

      1.17 acre lot ready for new home in Lacombe.
      26126 Cloverland Road, Lacombe, LA 70445
      View Details
    • $25,000

      Residential Lot in Dixie Pines

      Wooded lot in Lacombe's Dixie Pines subdivision.
      S TRANQUILITY Road lot: 18, Lacombe, LA 70445
      View Details

    FAQs

    What type of property is this?
    Industrial land - 3.77 acres of I-1 industrial land with easy access.
    Where is this industrial land located?
    The property is located at 28638 Krentel Rd Lacombe, LA.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: Easy access to I‑12 from Krentel Rd.; Centrally located between east and west side of St. Tammany Parish and within 15 minutes to I‑10/12/59 split; Ready to build on
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeff Breland
    Real Estate License ID: 53741
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    28638 Krentel Rd, Lacombe, LA 70445
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!