Industrial Warehouse with Covered
For Sale
$850,000
30152 Highway 190, Lacombe, LA 70445
Light Industrial zoning supports manufacturing, storage, distribution, and other listed uses.
Property Size6,000 SF
Price / SF$141.67
Days on Market263
Property Features for 30152 Highway 190
General Information
Standard status
Active
Size
6,000 SF
Zoning
I-1
Additional Details
Warehouse Space
6,000 SF
Listing Agency:
Crescent Sotheby's International Realty
(985) 200-4802
Listed By:
Sean M. Delancy · License #995694192
(985) 590-0195
Source:
Exprealty
Added: Feb 10
Changed: Oct 30
Last Checked: Oct 30 at 2:56PM
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 Crescent Sotheby's International Realty
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Investment Insights
Based on property information with market context.
The industrial property includes a 6,000-square-foot enclosed warehouse, 3,000 square feet of covered area, and 1,500 square feet of enclosed rear storage. Site features include a retention pond, an irrigation system, and a limestone parking lot.
Zoned Light Industrial (I-1), the property is designated for manufacturing, storage, distribution, contractor operations, auto repair, microbreweries, and other light industrial uses.
Zoned Light Industrial (I-1), the property is designated for manufacturing, storage, distribution, contractor operations, auto repair, microbreweries, and other light industrial uses.
Key Highlights
- 6,000 sq ft enclosed warehouse
- 3,000 sq ft of covered area
- 1,500 sq ft of enclosed rear storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,477
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,540
$889.5K
Cap Rate 7%
$635,386
$635.4K
Cap Rate 9%
$494,189
$494.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$54.0K $9.00/SF
− Vacancy
−$1.7K −$0.28/SF
EGI
$52.3K $8.72/SF
− OpEx
−$7.8K −$1.31/SF
NOI
$44.5K $7.41/SF
Area
St. Tammany County, LA
Vacancy
3.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$889,540
Cap Rate 7%
$635,386
Cap Rate 9%
$494,189
Alternative Uses
Best Use
Warehouse
$635.4K
$556.0K – $741.3K
NOI $44,477 @ 7.0% cap · market cap 5.23%
Second Best
Industrial
$523.3K
$457.9K – $610.5K
NOI $36,628 @ 7.0% cap · market cap 4.31%
Theoretical Best
Multifamily LT 5
$64.68M
$56.60M – $75.46M
NOI $4,527,648 @ 7.0% cap · market cap 532.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 70445, LA
10,866
Population
4,323
Households
2.5
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
108.3 sq mi
ZIP Area
100
Density / Sq Mi
$75,233
Median Household Income
$42,178
Median Earnings
$1,089
Median Rent
$220,400
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - Light Industrial zoning supports manufacturing, storage, distribution, and other listed uses.
Where is this warehouse located?
The property is located at 30152 Highway 190 Lacombe, LA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 6,000 sq ft enclosed warehouse; 3,000 sq ft of covered area; 1,500 sq ft of enclosed rear storage
