Industrial Buildings with Gated
For Sale
Contact for pricing
8894 Richmond Dr, Laplace, LA 70068
Two industrial buildings with a fenced, gated yard and multiple grade-level doors, suited for light industrial and warehousing needs.
Property Size5,400 SF
Price / SF$0.00
Days on Market138
Property Features for 8894 Richmond Dr
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Industrial
Lease Term
$8.50 SF/yr (MG)
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
5
Building Details
Building Size
5,400 SF
Properties For Sale
at 8894 Richmond Dr
8894 Richmond Dr
Size
5,400 SF
Term
Negotiable
Listing Agency:
Elifin Realty
Listed By:
Brady Becker · License #9006927
(985) 703-1140
Source:
Elifinrealty
Added: Jun 2
Changed: Oct 9
Last Checked: Oct 16 at 7:21AM
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 Elifin Realty
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Investment Insights
Based on property information with market context.
The property offers two separate industrial buildings, each designed for practical loading and operating flexibility. A fenced-in, gated yard supports day-to-day access, while one building includes approximately 2,500 SF of office warehouse space with two grade-level doors. The second building provides approximately 2,900 SF of warehouse space with three grade-level doors, creating additional capacity for storage, distribution, or operations requiring multiple roll-up access points.
Located at 8894 Richmond Dr in LaPlace, the site benefits from close proximity to Airline Hwy, supporting convenient regional movement for tenants and business operations. The combination of gated outdoor area and grade-level door access helps streamline deliveries and staging for trucks and service vehicles.
This configuration is well suited for buyers or tenants seeking a small industrial footprint with room to run both office and warehouse functions on site. The distinct door counts and building separation can also support companies that want flexible space allocation, whether for internal warehousing, light manufacturing, or distribution-style workflows under a modified gross structure.
Located at 8894 Richmond Dr in LaPlace, the site benefits from close proximity to Airline Hwy, supporting convenient regional movement for tenants and business operations. The combination of gated outdoor area and grade-level door access helps streamline deliveries and staging for trucks and service vehicles.
This configuration is well suited for buyers or tenants seeking a small industrial footprint with room to run both office and warehouse functions on site. The distinct door counts and building separation can also support companies that want flexible space allocation, whether for internal warehousing, light manufacturing, or distribution-style workflows under a modified gross structure.
Key Highlights
- Now available for lease at 8894 Richmond Dr in LaPlace, featuring two industrial buildings.
- Fenced and gated yard for secure on‑site staging and storage.
- ±2,500 SF office/warehouse with two grade‑level doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,319
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,380
$646.4K
Cap Rate 7%
$461,700
$461.7K
Cap Rate 9%
$359,100
$359.1K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$48.6K $9.00/SF
− Vacancy
−$2.4K −$0.45/SF
EGI
$46.2K $8.55/SF
− OpEx
−$13.9K −$2.56/SF
NOI
$32.3K $5.98/SF
Area
St. John the Baptist County, LA
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,380
Cap Rate 7%
$461,700
Cap Rate 9%
$359,100
Alternative Uses
Best Use
Warehouse
$620.4K
$542.9K – $723.9K
NOI $43,431 @ 7.0% cap · market cap 510,952.94%
Second Best
Flex RnD
$565.6K
$494.9K – $659.9K
NOI $39,593 @ 7.0% cap · market cap 465,800.00%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,727 @ 7.0% cap · market cap 1,173,258.82%
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
5
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70068, LA
33,213
Population
13,379
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
49.3 sq mi
ZIP Area
674
Density / Sq Mi
$69,334
Median Household Income
$39,585
Median Earnings
$1,117
Median Rent
$191,400
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
Frequently Asked Questions
What type of property is this?
Flex space - Two industrial buildings with a fenced, gated yard and multiple grade-level doors, suited for light industrial and warehousing needs.
Where is this flex space located?
The property is located at 8894 Richmond Dr Laplace, LA.
What are key features of this property?
This property features: Now available for lease at 8894 Richmond Dr in LaPlace, featuring two industrial buildings.; Fenced and gated yard for secure on‑site staging and storage.; ±2,500 SF office/warehouse with two grade‑level doors.
