Building Details

Year built 2016

Floors in Building 1

Building materials Metal Siding

Listing Agency: Pintat Realty LLC d***@cox.net Show Phone

Listed By: Dana G Bennett · License #995695864 Show Phone

Added: Jul 20 Changed: Oct 23 Last Checked: Oct 27 at 9:06AM

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MLS# 2568621

Copyright © 2026 ROAM MLS. 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 sits on 0.1012 acres and includes two warehouse areas, a commercial-finish office, and a bathroom. The building has metal siding and steel support, 19-foot ceilings, a grease trap, an exhaust vent, and an 11-by-9-foot walk-in cooler. Its slab is designed to accommodate a two-story build-out, and the site is in FEMA flood zone X.

The property is approximately one-half mile from the airport. It has more than 10 parking spaces and rear-yard access. Zoning is C-2, with public water and sewer service.

Key Highlights

• 1,468 square feet on 0.1012 acres; built in 2016
• Two warehouse areas with 19‑foot ceilings
• 11‑by‑9‑foot 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

Is this asking price fair?

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

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

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

Location Intelligence

Trade Area within ½ mile

694

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

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

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

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Frequently Asked Questions

What type of property is this?

Flex space - A compact commercial property combines warehouse areas with dedicated office space and food-service infrastructure.

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 feet on 0.1012 acres; built in 2016; Two warehouse areas with 19‑foot ceilings; 11‑by‑9‑foot walk‑in cooler, grease trap, and exhaust vent