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Flex Space with Warehouse and Office
For Sale
$299,000

906 CLAY Street, Kenner, LA 70062

Commercial, Kenner, LA

Property Size1,468 SF
Lot Size0.10 Acres
Price / SF$203.68
Days on Market94

Property Features for 906 CLAY Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C2
Parking features Driveway
Lot features Regular
Standard status Active
APN 0920002410
Size 1,468 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description LOT 13 SQ 2 MOISANT PLACE
Legal Description LOT 13 SQ 2 MOISANT PLACE

Utilities

Water source Public

Amenities

grease trap
walk-in cooler
exhaust vent
commercial flooring
rear yard access

Building Details

Year built 2016
Floors in Building 1
Listing Agency: Pintat Realty LLC
Listed By: Dana Bennett
Added: Jul 20 Changed: Oct 15 Last Checked: Oct 21 at 10:06AM
MLS# 2568621

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2016, this 1,468-square-foot flex property combines two warehouse areas with an air-conditioned office and a bathroom. Warehouse features include 19-foot ceilings, a grease trap, an exhaust vent, and an 11-by-9-foot walk-in cooler. The office measures 11.5 by 8.1 feet, and the bathroom measures 10.9 by 8.1 feet; both have 10-foot ceilings and commercial flooring.

The property is zoned C-2 and includes parking for 10 or more vehicles and access to a rear yard. Its concrete slab is designed to accommodate a second-story buildout. The site is in an X flood zone and is located one-half mile from the airport.

Key Highlights

  • 1,468‑square‑foot flex property built in 2016
  • Two warehouse areas with 19‑foot ceilings
  • 11x9 walk‑in cooler, grease trap, and exhaust vent

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,440
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,800 $228.8K
Cap Rate 7%
$163,429 $163.4K
Cap Rate 9%
$127,111 $127.1K
Market Conditions
NOI Build-Up for 1,468 SF
Gross rent
$14.1K $9.60/SF
− Vacancy
−$634 −$0.43/SF
EGI
$13.5K $9.17/SF
− OpEx
−$2.0K −$1.38/SF
NOI
$11.4K $7.79/SF
Area
Jefferson County, LA
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,800
Cap Rate 7%
$163,429
Cap Rate 9%
$127,111

Alternative Uses

Best Use
Warehouse
$163.4K
$143.0K – $190.7K (±1% cap)
NOI $11,440 @ 7.0% cap · market cap 3.83%
Second Best
Flex RnD
$153.8K
$134.5K – $179.4K (±1% cap)
NOI $10,763 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$387.3K
$338.9K – $451.9K (±1% cap)
NOI $27,111 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Cray Cray Seafood Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Accounting Firm Computer & Electronic Repair Cafe & Coffee Shop

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

19 ft
Clear height
1
Office units
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

694
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70062, LA

16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Flex space - C-2-zoned property combines warehouse capacity with conditioned office space, a walk-in cooler, and rear yard access.
Where is this flex space located?
The property is located at 906 CLAY Street Kenner, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,468‑square‑foot flex property built in 2016; Two warehouse areas with 19‑foot ceilings; 11x9 walk‑in cooler, grease trap, and exhaust vent
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