Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1508 Hickman St Kenner, LA 70062

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Kenner warehouse, near I-10 & MSY.

    Lot size:
    33,525 SF

    Property Features for 1508 Hickman St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,525 SF
    Total Rate
    16762.5

    Spaces For Lease

    at 1508 Hickman St, Kenner, LA 70062 Contact us
    Unit Available space

    $6 /Mo

    Size
    33,525 SF
    Contact us

    We can help!

    Listing Contact
    Melissa Warren

    Listing Agent: Melissa Warren

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Kenner, Louisiana industrial property offers 33,525 square feet of warehouse space, ideally situated for businesses needing convenient access to Interstate 10 and Louis Armstrong New Orleans International Airport. The single-tenant building sits on a 1.7-acre lot and boasts a highly desirable SI-1 zoning classification. The warehouse features 16 grade-level drive-in doors of varying sizes, catering to diverse operational needs. A significant portion of the building (approximately 30,000 square feet) is dedicated to warehouse space, complemented by approximately 3,310 square feet of office area. Additional features include a mechanic shop, tool room, and mezzanine storage for optimized inventory management. The building's ceiling height varies throughout, reaching a maximum of 18 feet. Three secure, fenced laydown yards provide ample space for loading, unloading, and material storage, enhancing operational efficiency. This property presents a unique opportunity for contractors and industrial service providers seeking a strategic location within the New Orleans Metropolitan Statistical Area (MSA). The property is located on Hickman Street, near Virginia Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kenner
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.2473999
    Latitude
    30.0079439

    Nearby Similar for Lease

    • $15,000 /Mo
      1,879 SF

      High-Visibility Car Lot with Office

      Prime commercial lease opportunity for automotive or retail businesses.
      1600 Airline Dr, Kenner, LA 70062
      View Details
    • $1,847 /Mo
      2,771 SF

      Kenner Warehouse with Modern Upgrades

      Well-maintained warehouse with modern upgrades, ideal for various business needs.
      1317 Carroll St, Kenner, LA 70065
      View Details
    • $8 SF/Yr
      9,950 SF

      Retail Space on Williams Boulevard

      Retail spaces with good visibility and access, parking available.
      2101 Williams Blvd, Kenner, LA 70062
      View Details
    • $1,450 /Mo
      2,300 SF

      Kenner Flex Space Available

      Flex space in Kenner, 2,000 sq ft, $1,450/month gross.
      12 Sussex St, Kenner, LA 70062
      View Details
    • $1,800 /Mo

      Versatile Commercial Space Available

      Second-story commercial space suitable for various business types.
      2728 Decatur St, Kenner, LA 70062
      View Details
    • Contact for pricing
      217,863 SF

      Esplanade Mall Retail Opportunity

      Premier retail destination with anchor stores and redevelopment potential.
      1401 W Esplanade Ave, Kenner, LA 70065
      View Details
    • Contact for pricing
      631 SF

      Kenner Duplex with Modern Amenities

      Move-in ready Kenner duplex featuring modern amenities and private parking.
      341 Centanni Rd, Kenner, LA 70062
      View Details
    • Contact for pricing
      631 SF

      Kenner Duplex For Rent

      Half-doubles in Kenner with modern amenities and private parking.
      236 E 3Rd St, Kenner, LA 70062
      View Details
    • Contact for pricing
      631 SF

      Kenner Half Doubles For Rent

      Half doubles in Kenner with modern amenities, ready for move-in.
      331 Centanni Rd, Kenner, LA 70062
      View Details
    • Contact for pricing

      Kenner Half Doubles For Rent

      Two-bedroom half doubles with modern amenities available for rent.
      337 Centanni Rd, Kenner, LA 70062
      View Details
    • Contact for pricing
      631 SF

      Kenner Half Doubles For Rent

      Traditional half doubles in Kenner with modern amenities, ready to move-in.
      329 Centanni Rd, Kenner, LA 70062
      View Details
    • Contact for pricing
      631 SF

      Kenner Half Doubles For Rent

      Traditional half doubles in Kenner with modern amenities and parking.
      333 Centanni Rd, Kenner, LA 70062
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime Kenner warehouse, near I-10 & MSY.
    Where is this distribution property located?
    The property is located at 1508 Hickman St Kenner, LA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 33,525 SF industrial warehouse available for lease in Kenner, LA.; Single-tenant occupancy.; Situated on 1.7 acres with 16 grade-level drive-in doors.
    (504) 941-7559 Call to check price and availability
    Request Owner's contact information
    1508 Hickman St Kenner, LA 70062
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1508 Hickman St
    Kenner, LA 70062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1508 Hickman St Kenner, LA 70062
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Melissa Warren
    (504) 941-7559
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!