Highway-Frontage Multi-Use
For Sale
$999,900
30490 Highway 190, Lacombe, LA 70445
Multi-building site with warehouse, office/showroom, loft, and 260+ feet of Highway 190 frontage.
Property Size6,500 SF
Lot Size1.74 Acres
Price / SF$153.83
Days on Market169
Property Features for 30490 Highway 190
General Information
Standard status
Active
Size
6,500 SF
Lot size
1.74 Acres
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,484
Listing Agency:
The Market Real Estate Co
(225) 953-8889
Listed By:
Laura Buck Smith · License #0000009213
(225) 413-3365
Source:
Exprealty
Added: Apr 28
Changed: Oct 6
Last Checked: Oct 12 at 11:29PM
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 Market Real Estate Co
Investment Insights
Based on property information with market context.
Situated on 1.74 acres, this multi-use commercial property includes a large warehouse with multiple overhead doors, dedicated office/showroom space, and an upstairs loft suitable for additional offices. A separate building with a bathroom was previously used as a seafood shack and includes coolers and freezers. Additional utility space is provided by a detached garage/warehouse, along with a 16x80 mobile home with 3 bedrooms and 2 bathrooms on-site.
The property is positioned on Highway 190 in Lacombe within St. Tammany Parish, with 260+ feet of highway frontage and access to the Slidell, Mandeville, and Interstate 12 corridor.
Please note the warehouse areas are currently occupied with vehicles, granite equipment, and related materials, and the outdoor area to the left contains granite slabs and equipment, so the property should be expected to be in active use during showings.
The property is positioned on Highway 190 in Lacombe within St. Tammany Parish, with 260+ feet of highway frontage and access to the Slidell, Mandeville, and Interstate 12 corridor.
Please note the warehouse areas are currently occupied with vehicles, granite equipment, and related materials, and the outdoor area to the left contains granite slabs and equipment, so the property should be expected to be in active use during showings.
Key Highlights
- 1.74‑acre multi‑use commercial site with 260+ ft of frontage along U.S. Highway 190 in Lacombe (St. Tammany Parish)
- Large warehouse with multiple overhead doors, plus dedicated office/showroom space and an upstairs loft for additional offices or potential living quarters
- Separate seafood/retail building with a bathroom, previously used as a seafood shack and includes coolers & freezers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,410
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,200
$1.2M
Cap Rate 7%
$877,286
$877.3K
Cap Rate 9%
$682,333
$682.3K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$97.5K $15.00/SF
− Vacancy
−$3.0K −$0.47/SF
EGI
$94.5K $14.54/SF
− OpEx
−$33.1K −$5.09/SF
NOI
$61.4K $9.45/SF
Area
St. Tammany County, LA
Vacancy
3.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,228,200
Cap Rate 7%
$877,286
Cap Rate 9%
$682,333
Alternative Uses
Best Use
Flex RnD
$877.3K
$767.6K – $1.02M
NOI $61,410 @ 7.0% cap · market cap 6.14%
Second Best
Warehouse
$688.3K
$602.3K – $803.1K
NOI $48,184 @ 7.0% cap · market cap 4.82%
Theoretical Best
Multifamily LT 5
$70.07M
$61.31M – $81.75M
NOI $4,904,952 @ 7.0% cap · market cap 490.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Taps to Geaux — 30567 U.S. Hwy 190 Suite E, Lacombe, LA 70445
Frequently Asked Questions
What type of property is this?
Flex space - Multi-building site with warehouse, office/showroom, loft, and 260+ feet of Highway 190 frontage.
Where is this flex space located?
The property is located at 30490 Highway 190 Lacombe, LA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: 1.74‑acre multi‑use commercial site with 260+ ft of frontage along U.S. Highway 190 in Lacombe (St. Tammany Parish); Large warehouse with multiple overhead doors, plus dedicated office/showroom space and an upstairs loft for additional offices or potential living quarters; Separate seafood/retail building with a bathroom, previously used as a seafood shack and includes coolers & freezers
