Warehouse with Truck
68468 James Street, Mandeville, LA 70471
For Sale
$1,150,000
Heated and cooled warehouse space includes overhead-door loading and M1 zoning.
Property Size12,316 SF
Price / SF$93.37
Days on Market303
Property Features for 68468 James Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Warehouse & Industrial
Warehouse Space
Dock-High Doors
Conditioned Warehouse
Additional Details
Highway Access
Property Use
Building Details
Year Built
Stories
Listing Agency:
Coldwell Banker TEC
(985) 845-2001
Listed By:
Judith C Palisi · License LA #000018546
(985) 630-6676
Source:
Cypresskeyrealty
Added: Jan 11
Changed: Nov 7
Last Checked: Nov 8 at 12:53PM
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 Coldwell Banker TEC
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Investment Insights
Based on property information with market context.
Built in 2004, this 12,316-square-foot warehouse has heated and cooled interior space. Two overhead doors serve the building, with a truck well at one loading position. The property is zoned M1.
The warehouse is in Alamosa Business Park in Mandeville, with access to I-12 and the I-10 corridor.
The warehouse is in Alamosa Business Park in Mandeville, with access to I-12 and the I-10 corridor.
Key Highlights
- 12,316‑square‑foot warehouse built in 2004
- Heated and cooled warehouse space
- Two overhead doors, including one with a truck well
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,297
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,825,940
$1.8M
Cap Rate 7%
$1,304,243
$1.3M
Cap Rate 9%
$1,014,411
$1.0M
Market Conditions
NOI Build-Up for 12,316 SF
Gross rent
$110.8K $9.00/SF
− Vacancy
−$3.4K −$0.28/SF
EGI
$107.4K $8.72/SF
− OpEx
−$16.1K −$1.31/SF
NOI
$91.3K $7.41/SF
Area
St. Tammany County, LA
Vacancy
3.10%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,825,940
Cap Rate 7%
$1,304,243
Cap Rate 9%
$1,014,411
Alternative Uses
Best Use
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,297 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.15M
$2.75M – $3.67M
NOI $220,181 @ 7.0% cap · market cap 19.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70471, LA
23,334
Population
10,341
Households
2.3
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
28.9 sq mi
ZIP Area
807
Density / Sq Mi
$96,510
Median Household Income
$52,523
Median Earnings
$1,282
Median Rent
$370,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in St. Tammany County, LA
Properties on Market for Warehouses in St. Tammany County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Windward Group — 265 general patton ave, mandeville, la 70471
- Equity Storage Condos — 243 General Patton Ave, Mandeville, LA 70471
- Viridis Open Air Storage — 22129 Marshall Rd, Mandeville, LA 70471
Frequently Asked Questions
What type of property is this?
Warehouse - Heated and cooled warehouse space includes overhead-door loading and M1 zoning.
Where is this warehouse located?
The property is located at 68468 James Street Mandeville, LA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 12,316‑square‑foot warehouse built in 2004; Heated and cooled warehouse space; Two overhead doors, including one with a truck well
