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Industrial Flex Property with Office
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450 & 465 Rosenwald St, Reserve, LA 70084

Two standalone buildings totaling 9,750 SF include an industrial facility and a renovated office space.

Property Size9,700 SF
Lot Size1.83 Acres
Price / SF$97.94
Days on Market9

Property Features for 450 & 465 Rosenwald St

General Information

Standard status Active
Size 9,700 SF
Lot size 1.83 Acres
Property subtype Industrial

Additional Details

Highway Access Yes

Amenities

conference room
training room
private offices
Listing Agency: Lee & Associates Louisiana
Listed By: Tom Mcgee · License #LA
Source: Crexi
Added: Jul 22 Changed: Jul 25 Last Checked: Jul 29 at 11:53AM

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 Lee & Associates Louisiana

Investment Insights

Based on property information with market context.

450 & 465 Rosenwald Street in Reserve, Louisiana offers a versatile industrial flex setup with two standalone buildings. The site includes a 6,500-square-foot industrial facility and a newly renovated 3,250-square-foot office building featuring Class A finishes, including a conference room, training room, private offices, and additional modern amenities.

The property is located within the Mississippi River Petrochemical Corridor and is positioned directly across from the Port of South Louisiana Executive Regional Airport. It also provides access to Interstate 10 and Interstate 55, connecting to New Orleans, Baton Rouge, and Gulf Coast markets.

In addition to the buildings, the site presents potential for up to one acre of stabilized yard space, supporting equipment storage or operational flexibility for industrial and logistics-oriented users.

Key Highlights

  • Two standalone buildings totaling 9,750 SF on 1.83 acres at 450 & 464 Rosenwald Street in Reserve, LA
  • Includes a 6,500 SF industrial facility
  • Renovated 3,250 SF office building with Class A finishes, including conference room, training room, and private offices

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 $96.6k $9.96
− Vacancy −$4.8k −$0.50
EGI $91.8k $9.46
− OpEx −$13.8k −$1.42
NOI $78.0k $8.04
9,700 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,582 @ 7.0% cap · market cap 14.17%
Second Best
Warehouse
$1.11M
$975.2K – $1.30M (±1% cap)
NOI $78,014 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,140 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Research Fumigation Co Garden Center

Suggested Use

Top Pick Auto Repair Shop Building Supply Bakery Restaurant Auto Parts Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70084, LA

6,411
Population
2,960
Households
2.2
Avg Household Size
44
Median Age
14%
College-Educated
78%
High-School Grad
18.1 sq mi
ZIP Area
354
Density / Sq Mi
$61,736
Median Household Income
$32,290
Median Earnings
$1,158
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two standalone buildings totaling 9,750 SF include an industrial facility and a renovated office space.
Where is this flex space located?
The property is located at 450 & 465 Rosenwald St Reserve, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two standalone buildings totaling 9,750 SF on 1.83 acres at 450 & 464 Rosenwald Street in Reserve, LA; Includes a 6,500 SF industrial facility; Renovated 3,250 SF office building with Class A finishes, including conference room, training room, and private offices
(318) 282-2974 Call to check price and availability
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