Functional Industrial Building in
44212 Stein Rd Hammond, LA 70403
44212 Stein Rd, Hammond, LA, 70403
Contact for pricing
For Sale
Contact for pricing
Move-in ready industrial building with modernized office and versatile features.
Property Size9,000 SF
Price / SF$77.22
Days on Market156
Property Features for 44212 Stein Rd
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Industrial
Listing Agency
Stirling
(541) 322-8880
Listed by
Daniel Cook · License #995713150
Source
Crexi
Added: Feb 11 Checked: Jul 16 at 6:54 am
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
Investment Insights
Based on property information with market context.
The property at 44212 Stein Road features a functional industrial building with approximately 9,000 square feet of space, situated within Hammond’s established industrial corridor. The building is suitable for an owner-user or investor. The property includes a modernized office area, multiple grade-level and dock-high loading options, and 3-phase power. A dedicated room within the warehouse was previously utilized for temperature-controlled purposes; the existing components remain in place and can be adapted or repurposed based on operational needs. Recent improvements include new garage doors, fresh interior and exterior paint, and upgraded office finishes. The building is fully subdividable. The property is located just off Interstate 55, benefiting from visibility, highway access, and proximity to industrial and commercial users. It is suited for a range of industrial and commercial uses.
Key Highlights
- Move‑in‑ready ±9,000 SF industrial building with minimal upfront capital requirements.
- Excellent location just off Interstate 55 with efficient highway access and strong visibility.
- Multiple grade‑level and dock‑high loading options and 3‑phase power.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.2k | $6.24 |
| − Vacancy | −$4.4k | −$0.49 |
| EGI | $51.8k | $5.75 |
| − OpEx | −$7.8k | −$0.86 |
| NOI | $44.0k | $4.89 |
9,000 SF · lease $6.24/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$628.8K
$550.2K – $733.6K
NOI $44,013 @ 7.0% cap · market cap 6.33%
Second Best
Industrial
$543.5K
$475.6K – $634.1K
NOI $38,046 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$2.48M
$2.17M – $2.89M
NOI $173,669 @ 7.0% cap · market cap 24.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Northshore Moving Company
Moving Company
Cable Marketing & Installation ...
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Value Storage Units of Hammond — 45046 Crapanzano Rd, Hammond, LA 70401
- Northshore Moving Company — 44212 Stein Rd, Hammond, LA 70403
FAQs
What type of property is this?
Warehouse - Move-in ready industrial building with modernized office and versatile features.
Where is this warehouse located?
The property is located at 44212 Stein Rd Hammond, LA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Move‑in‑ready ±9,000 SF industrial building with minimal upfront capital requirements.; Excellent location just off Interstate 55 with efficient highway access and strong visibility.; Multiple grade‑level and dock‑high loading options and 3‑phase power.
