Industrial Office-Warehouse
For Sale
$1,800,000
39509 I 55 Service Rd, Ponchatoula, LA 70454
2016 office/warehouse facility with office, warehouse, secured yard, and five grade-level roll-up doors, plus adjacent development-ready land.
Property Size7,200 SF
Lot Size35.63 Acres
Price / SF$250
Days on Market95
Property Features for 39509 I 55 Service Rd
General Information
Standard status
Active
Size
7,200 SF
Lot size
35.63 Acres
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Drive-In Doors
5
Amenities
training areas
conference areas
private offices
Building Details
Year Built
2016
Listing Agency:
Gulf States Real Estate Services of Louisiana, L.L
Listed By:
Stuart Ridgel · License #995703353
(985) 705-1727
Source:
Dominionplace
Added: Jul 20
Changed: Oct 11
Last Checked: Oct 7 at 3:07PM
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 Gulf States Real Estate Services of Louisiana, L.L
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Investment Insights
Based on property information with market context.
The property offers an integrated industrial campus setup anchored by a 2016 office/warehouse facility totaling approximately 7,200 square feet. The building includes about 4,650 square feet of office space and approximately 2,550 square feet of warehouse space. Interior features include multiple training and conference areas, numerous private offices, and five grade-level roll-up doors. The campus also includes a secured yard and ample parking, with room for future expansion.
Directly behind the facility is a development-ready tract totaling about 32.61 acres that has undergone substantial site preparation and dirt work. Combined, the offering totals roughly 35.63 acres and is positioned outside city limits under Tangipahoa Parish jurisdiction. The site’s location provides quick access to Interstate 55 and Highway 22, with connectivity to regional employment and industrial markets.
The overall configuration supports both immediate operations within the existing structure and follow-on needs through the adjacent prepared land for expansion, equipment storage, laydown yards, logistics operations, and future industrial or commercial development.
Directly behind the facility is a development-ready tract totaling about 32.61 acres that has undergone substantial site preparation and dirt work. Combined, the offering totals roughly 35.63 acres and is positioned outside city limits under Tangipahoa Parish jurisdiction. The site’s location provides quick access to Interstate 55 and Highway 22, with connectivity to regional employment and industrial markets.
The overall configuration supports both immediate operations within the existing structure and follow-on needs through the adjacent prepared land for expansion, equipment storage, laydown yards, logistics operations, and future industrial or commercial development.
Key Highlights
- 35.63‑acre industrial campus/expansion site just one mile from Interstate 55 in Tangipahoa Parish (outside city limits).
- 2016 office/warehouse facility on 3.02 acres with 4,650 SF office space and 2,550 SF warehouse space.
- Warehouse features five grade‑level roll‑up doors and a secured yard, with ample parking onsite.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,543
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,170,860
$2.2M
Cap Rate 7%
$1,550,614
$1.6M
Cap Rate 9%
$1,206,033
$1.2M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$168.5K $23.40/SF
− Vacancy
−$23.8K −$3.30/SF
EGI
$144.7K $20.10/SF
− OpEx
−$36.2K −$5.03/SF
NOI
$108.5K $15.08/SF
Area
Tangipahoa County, LA
Vacancy
14.10%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,170,860
Cap Rate 7%
$1,550,614
Cap Rate 9%
$1,206,033
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,543 @ 7.0% cap · market cap 6.03%
Second Best
Flex RnD
$629.0K
$550.4K – $733.8K
NOI $44,029 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$1.98M
$1.74M – $2.32M
NOI $138,935 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70454, LA
32,154
Population
14,132
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
174.6 sq mi
ZIP Area
184
Density / Sq Mi
$70,560
Median Household Income
$46,159
Median Earnings
$1,124
Median Rent
$219,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - 2016 office/warehouse facility with office, warehouse, secured yard, and five grade-level roll-up doors, plus adjacent development-ready land.
Where is this flex space located?
The property is located at 39509 I 55 Service Rd Ponchatoula, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 35.63‑acre industrial campus/expansion site just one mile from Interstate 55 in Tangipahoa Parish (outside city limits).; 2016 office/warehouse facility on 3.02 acres with 4,650 SF office space and 2,550 SF warehouse space.; Warehouse features five grade‑level roll‑up doors and a secured yard, with ample parking onsite.
