Listing Agency: Real Estate 4-U, LLC Show Phone

Listed By: Amanda Hotard · License #0995684457 Show Phone

Source: Exprealty

Added: Jul 20 Changed: Oct 5 Last Checked: Oct 15 at 3:54AM

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Investment Insights

Based on property information with market context.

This newly renovated commercial warehouse offers an open layout and is well maintained, providing a flexible interior that can be adapted to a range of commercial needs. The space includes four (4) roll-up doors and approximately 20' eave height to support versatile storage and operational requirements.

The property is zoned C-1 and is described as having convenient access to the main highway, along with ample on-site parking. Buyer/tenant should verify zoning and permitted uses.

With its straightforward warehouse configuration and multiple roll-up access points, the building is suited to users seeking a practical, functional space for day-to-day logistics and storage operations.

Key Highlights

• Approximately 4,000 SF newly renovated warehouse with an open layout
• Four (4) roll‑up doors for loading and access
• 20' eave height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$32,171

Suggested Prices Based on Cap Rates

Cap Rate 5%

$643,420 $643.4K

Cap Rate 7%

$459,586 $459.6K

Cap Rate 9%

$357,456 $357.5K

What to ask about pricing

Market Conditions

NOI Build-Up for 4,000 SF

Gross rent

$39.8K $9.96/SF

− Vacancy

−$2.0K −$0.50/SF

EGI

$37.8K $9.46/SF

− OpEx

−$5.7K −$1.42/SF

NOI

$32.2K $8.04/SF

Area

St. Bernard County, LA

Vacancy

5.00%

Lease Rate

$9.96 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$643,420

Cap Rate 7%

$459,586

Cap Rate 9%

$357,456

Alternative Uses

Best Use

Warehouse

$459.6K

$402.1K – $536.2K (±1% cap)

NOI $32,171 @ 7.0% cap · market cap 1,340.46%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.06M

$923.4K – $1.23M (±1% cap)

NOI $73,872 @ 7.0% cap · market cap 3,078.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Electrical Service

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

20 ft

Clear height

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

85

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 70092, LA

7,502

Population

2,778

Households

2.7

Avg Household Size

35

Median Age

18%

College-Educated

77%

High-School Grad

4.3 sq mi

ZIP Area

1,745

Density / Sq Mi

$60,723

Median Household Income

$46,563

Median Earnings

$1,147

Median Rent

$166,600

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Frequently Asked Questions

What type of property is this?

Warehouse - Newly renovated 4,000 SF warehouse with four roll-up doors, 20' eave height, and ample on-site parking.

Where is this warehouse located?

The property is located at 5001 E Judge Perez Dr Violet, LA.

What are key features of this property?

This property features: Approximately 4,000 SF newly renovated warehouse with an open layout; Four (4) roll‑up doors for loading and access; 20' eave height