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    1620 Martin Luther King Blvd Bayou Cane, LA 70360

    For Lease
    $5 SF/Yr

    8,527 SF Warehouse - Sublease Opportunity

    Lot size:
    8,527 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 8,527-square-foot industrial warehouse space presents a unique sublease opportunity. The property boasts a single-tenant occupancy, ideal for businesses seeking efficient and secure operations. High ceilings, reaching 23 feet to the metal roof deck and 19 feet to the metal ceiling truss, provide ample vertical storage capacity. The building features comprehensive climate control with 100% HVAC, ensuring a comfortable and productive work environment year-round. Safety is prioritized with a fully sprinklered system throughout. Loading and unloading are facilitated by two dock-high doors and one grade-level door with a ramp, streamlining logistics. The warehouse is classified as a flex space, suitable for a variety of industrial and distribution needs. Detailed column spacing is available upon request via the attached floor plan. This property is perfect for businesses requiring a functional and well-equipped warehouse space with excellent loading capabilities and climate control. The single-tenant occupancy offers privacy and control, while the strategic location provides easy access to transportation routes. Don't miss this chance to secure this high-quality industrial space.

    Property Features for 1620 Martin Luther King Blvd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,527 SF

    Unit(s) available at that property

    Space
    Size
    8,527 SF
    Rate per SF
    $5

    HighLights

    • 8,527 SF single‑tenant warehouse/distribution/flex space available for sublease.
    • 23' clear height (23'3" to roof deck).
    • Two dock‑high doors and one grade‑level door with ramp.
    • 100% HVAC and sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Bayou Cane
    State
    Louisiana
    Longitude
    -90.749798033172
    Latitude
    29.610869937916

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    FAQs

    What type of property is this?
    Flex space - 8,527 SF Warehouse - Sublease Opportunity
    Where is this flex space located?
    The property is located at 1620 Martin Luther King Blvd Bayou Cane, LA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 8,527 SF single-tenant warehouse/distribution/flex space available for sublease.; 23' clear height (23'3" to roof deck).; Two dock-high doors and one grade-level door with ramp.
    Request Owner's contact information
    1620 Martin Luther King Blvd Bayou Cane, LA 70360
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    Bayou Cane, LA 70360
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    Realmo Value Estimation

    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.

    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.

    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
    1620 Martin Luther King Blvd Bayou Cane, LA 70360
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