Air-Conditioned Flex Warehouse with
4709 TRENTON Street Metairie, LA 70006
4709 TRENTON Street, Metairie, LA, 70006
$699,000
For Sale
$699,000
Versatile, fully air-conditioned building with office, tiled lobby, three restrooms, and a fenced area.
Property Size4,003 SF
Price / SF$174.62
Days on Market95
Property Features for 4709 TRENTON Street
General Information
- Standard status
- Active
- Size
- 4,003 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1995
Listing agency
XLV Realty LLC
(504) 313-4858
Listed by
Kevin Stevens · License #995697954
(504) 313-4858
Source
Xome
Added: Apr 19 Updated: Jul 21 at 8:11AM Checked: Jul 22 at 3:44AM
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 XLV Realty LLC
Investment Insights
Based on property information with market context.
This for-sale flex warehouse is currently operating as a place of worship and is designed for flexibility. The main building includes a welcoming lobby finished with ceramic tile flooring, a dedicated office space, and three restrooms. The building is fully air-conditioned and features a warehouse door on the right side for convenient access, along with a fenced-in area for added functionality and security. Off-street parking is available, and an on-site sprinkler system is included. The property’s main building is generating $3,500 per month according to the provided remarks.
Located at 4709 Trenton Street in Metairie, the property is described as having strong visibility and accessibility. The listing also notes two additional lots next door are available and are currently rented, which could bring total additional income of $2,000 per month.
The measurements provided include Lot 21 (50x156.85/112.02). The property may also be purchased as a package with two additional generating income lots (MLS #2554517).
Located at 4709 Trenton Street in Metairie, the property is described as having strong visibility and accessibility. The listing also notes two additional lots next door are available and are currently rented, which could bring total additional income of $2,000 per month.
The measurements provided include Lot 21 (50x156.85/112.02). The property may also be purchased as a package with two additional generating income lots (MLS #2554517).
Key Highlights
- Fully air‑conditioned commercial building currently operating as a place of worship
- Main building generates $3,500/month; package option includes 2 additional generating income lots (MLS #2554517)
- Includes a dedicated office space and a welcoming lobby with ceramic tile flooring
Local Financial Insights For Industrial
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 | $73.5k | $18.36 |
| − Vacancy | −$4.8k | −$1.19 |
| EGI | $68.7k | $17.17 |
| − OpEx | −$20.6k | −$5.15 |
| NOI | $48.1k | $12.02 |
4,003 SF · lease $18.36/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$687.2K
$601.3K – $801.7K
NOI $48,103 @ 7.0% cap · market cap 6.88%
Second Best
Flex RnD
$656.6K
$574.5K – $766.0K
NOI $45,961 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$937.4K
$820.2K – $1.09M
NOI $65,618 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Church & religious facility - Versatile, fully air-conditioned building with office, tiled lobby, three restrooms, and a fenced area.
Where is this church & religious facility located?
The property is located at 4709 TRENTON Street Metairie, LA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fully air‑conditioned commercial building currently operating as a place of worship; Main building generates $3,500/month; package option includes 2 additional generating income lots (MLS #2554517); Includes a dedicated office space and a welcoming lobby with ceramic tile flooring
