Flex Space with Dock
For Sale
$3,250,000
4401 Euphrosine Street, New Orleans, LA 70125
Mixed office, showroom, and warehouse improvements support varied commercial operations with dedicated loading access.
Property Size27,917 SF
Lot Size0.89 Acres
Price / SF$123.95
Days on Market1215
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Property Features for 4401 Euphrosine Street
General Information
Standard status
Active
Size
27,917 SF
Lot size
0.89 Acres
Property subtype
COMMERCIAL FOR SALE/LEASE / Commercial
Zoning
BIP
Warehouse & Industrial
Clear Height
20 ft
Office Build-Out
5,000 SF
Dock-High Doors
4
Additional Details
Highway Access
Yes
Amenities
updated kitchen
conference room
restrooms
show room
customer services/sales floor
1
Building Details
Year Built
1900
Building Size
27,917 SF
Listing Agency:
Stirling Properties
Listed By:
Thomas Bryan · License #995691083
(804) 513-9309
Source:
Compass
Added: Jun 19, 2023
Changed: Oct 10
Last Checked: Oct 15 at 1:06AM
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 Stirling Properties
Investment Insights
Based on property information with market context.
The flex property at 4401 Euphrosine Street combines approximately 5,000 square feet of office and showroom space with warehouse improvements. Interior features include five private offices, a conference room, updated kitchen, three restrooms, a showroom, and a customer service and sales area. The warehouse provides four dock-high doors, including two served by a covered landing, with clear heights of approximately 16 feet at the eaves and 20 feet at the center. Two auxiliary office or shop areas add functional separation within the building.
The 0.89-acre site is zoned BIP, with paved and graveled curtilage configured for truck circulation. Access to Earhart Expressway places Downtown and the French Quarter a few minutes away, while I-10 connects the property with the broader New Orleans area and region. The building was constructed in 1900, and the roof is described as being in excellent condition.
The 0.89-acre site is zoned BIP, with paved and graveled curtilage configured for truck circulation. Access to Earhart Expressway places Downtown and the French Quarter a few minutes away, while I-10 connects the property with the broader New Orleans area and region. The building was constructed in 1900, and the roof is described as being in excellent condition.
Key Highlights
- Approximately 5,000 square feet of office and showroom area
- Warehouse includes 4 dock‑high doors; 2 are reached from a covered landing
- Clear heights measure approximately 16 feet at the eaves and 20 feet at center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$248,589
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,971,780
$5.0M
Cap Rate 7%
$3,551,271
$3.6M
Cap Rate 9%
$2,762,100
$2.8M
Market Conditions
NOI Build-Up for 26,220 SF
Gross rent
$409.0K $15.60/SF
− Vacancy
−$26.6K −$1.01/SF
EGI
$382.4K $14.59/SF
− OpEx
−$133.9K −$5.11/SF
NOI
$248.6K $9.48/SF
Area
New Orleans, LA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,971,780
Cap Rate 7%
$3,551,271
Cap Rate 9%
$2,762,100
Alternative Uses
Best Use
Office B
$5.52M
$4.83M – $6.44M
NOI $386,488 @ 7.0% cap · market cap 11.89%
Second Best
Retail
$4.63M
$4.05M – $5.40M
NOI $323,765 @ 7.0% cap · market cap 9.96%
Theoretical Best
Office A
$6.66M
$5.83M – $7.77M
NOI $466,498 @ 7.0% cap · market cap 14.35%
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
20 ft
Clear height
4
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,466
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70125, LA
17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
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 New Orleans, LA
Similar Off Market Nearby
- BROOKS BROTHERS CATERING LLC — 1329 S Roman St, New Orleans, LA 70125
- DINE IN – TAKE OUT – CATERING — 2931 Tulane Ave, New Orleans, LA 70119
- Taste of Memphis BBQ Joint & Catering — 135 S Dorgenois St, New Orleans, LA 70119, United States
Frequently Asked Questions
What type of property is this?
Flex space - Mixed office, showroom, and warehouse improvements support varied commercial operations with dedicated loading access.
Where is this flex space located?
The property is located at 4401 Euphrosine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Approximately 5,000 square feet of office and showroom area; Warehouse includes 4 dock‑high doors; 2 are reached from a covered landing; Clear heights measure approximately 16 feet at the eaves and 20 feet at center
