Light Industrial Warehouse with Clear
For Sale
Contact for pricing
4912 Mehurin St, Jefferson, LA 70121
Grade-level industrial facility with covered loading, office support, and IL zoning.
Property Size40,500 SF
Lot Size2.25 Acres
Days on Market65
Property Features for 4912 Mehurin St
General Information
Standard status
Active
Size
40,500 SF
Lot size
2.25 Acres
Property subtype
Industrial
Zoning
IL
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Clear Span
Yes
Dock-High Doors
2
Drive-In Doors
9
Voltage
440 V
Three-Phase Power
Yes
Additional Details
Asking Price
$1,695,000
Building Details
Building Size
40,500 SF
Construction
Quonset Hut
Listing Agency:
Max J Derbes Inc
Listed By:
Bert Duvic
(504) 733-4555
Source:
Lacdb.resimplifi
Added: Aug 13
Changed: Oct 4
Last Checked: Oct 14 at 7:43PM
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 Max J Derbes Inc
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Investment Insights
Based on property information with market context.
This warehouse property comprises approximately 40,500 square feet of grade-level space in a clear-span Quonset Hut-style building, along with a double-wide office trailer. A separate canopy provides approximately 3,600 square feet of covered storage. The building offers 14-foot eave clearance, a 30-foot peak, skylights, and 440-volt, three-phase power. Loading includes nine grade-level doors and two covered dock positions.
The 2.25-acre site is zoned IL and carries a 2018 flood-zone designation of X. The property is at the intersection of Mehurin Street and Butterworth Street, one block south of Jefferson Highway. The Huey P. Long Bridge and US Highway 90 are one block away, while Interstate 10 is 4.4 miles from the site.
The 2.25-acre site is zoned IL and carries a 2018 flood-zone designation of X. The property is at the intersection of Mehurin Street and Butterworth Street, one block south of Jefferson Highway. The Huey P. Long Bridge and US Highway 90 are one block away, while Interstate 10 is 4.4 miles from the site.
Key Highlights
- 40,500+/- SF grade‑level warehouse on 2.25+/- acres
- 3,600+/- SF canopy storage area
- 14’ eave height and 30’ peak height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$295,883
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,917,660
$5.9M
Cap Rate 7%
$4,226,900
$4.2M
Cap Rate 9%
$3,287,589
$3.3M
Market Conditions
NOI Build-Up for 40,500 SF
Gross rent
$364.5K $9.00/SF
− Vacancy
−$16.4K −$0.41/SF
EGI
$348.1K $8.59/SF
− OpEx
−$52.2K −$1.29/SF
NOI
$295.9K $7.31/SF
Area
New Orleans, LA
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,917,660
Cap Rate 7%
$4,226,900
Cap Rate 9%
$3,287,589
Alternative Uses
Best Use
Warehouse
$4.23M
$3.70M – $4.93M
NOI $295,883 @ 7.0% cap · market cap 6,229,115.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.29M
$9.01M – $12.01M
NOI $720,563 @ 7.0% cap · market cap 15,169,747.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
14 ft
Clear height
2
Dock-high doors
9
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70121, LA
11,523
Population
6,415
Households
1.8
Avg Household Size
46
Median Age
36%
College-Educated
88%
High-School Grad
3.3 sq mi
ZIP Area
3,492
Density / Sq Mi
$59,029
Median Household Income
$40,151
Median Earnings
$1,113
Median Rent
$237,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Anderson Storage Units — 300-354 Evans Rd, Elmwood, LA 70123
- Allied Van Lines — 5600 Jefferson Hwy Bldg W1 Suite 196, Elmwood, LA 70123
- The Storage Center — 5607 Jefferson Hwy, Elmwood, LA 70123
- Extra Space Storage — 5330 Jefferson Hwy, Elmwood, LA 70123
- Key Storage — 117 Laitram Ln, Elmwood, LA 70123
Frequently Asked Questions
What type of property is this?
Warehouse - Grade-level industrial facility with covered loading, office support, and IL zoning.
Where is this warehouse located?
The property is located at 4912 Mehurin St Jefferson, LA.
What are key features of this property?
This property features: 40,500+/- SF grade‑level warehouse on 2.25+/- acres; 3,600+/- SF canopy storage area; 14’ eave height and 30’ peak height
