Industrial Flex Building with
96 West 27th Street Kenner, LA 70062
96 West 27th Street, Kenner, LA, 70062
$350,000
For Sale
$350,000
3,000 SF industrial building with first-floor office and a second-floor living area, fully HVACed, on 15,000 SF land.
Property Size3,000 SF
Lot Size0.34 Acres
Price / SF$116.67
Days on Market28
Property Features for 96 West 27th Street
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.34 Acres
- Property subtype
- Industrial
Listing agency
Beau Box Commercial Real Estate
(225) 333-9807
Listed by
Cade Bogan · License #S-55848
(225) 333-9807
Source
Beaubox
Added: Jun 25 Updated: Jul 21 at 3:20PM Checked: Jul 21 at 3:20PM
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 Beau Box Commercial Real Estate
Investment Insights
Based on property information with market context.
This industrial flex building offers a mix of work and live space. The first floor includes office space, while the second floor is built out as a living area with a full kitchen and full bath. The building is HVAC throughout and includes washer/dryer hookups and a half bath on the lower level.
Located in Crestview Office & Industrial Park at 96 West 27th Street in Kenner, Louisiana, the property sits on approximately 15,000 square feet of land. It is zoned L-I (Light Industrial).
With the combination of office and residential-style buildout, the layout supports flexible day-to-day use within a light industrial setting.
Located in Crestview Office & Industrial Park at 96 West 27th Street in Kenner, Louisiana, the property sits on approximately 15,000 square feet of land. It is zoned L-I (Light Industrial).
With the combination of office and residential-style buildout, the layout supports flexible day-to-day use within a light industrial setting.
Key Highlights
- 3,000 SF industrial building in Crestview Office & Industrial Park
- Zoned L‑I (Light Industrial) and sits on approximately 15,000 SF of land
- First floor includes office space
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $12.00 |
| − Vacancy | −$2.2k | −$0.72 |
| EGI | $33.8k | $11.28 |
| − OpEx | −$11.8k | −$3.95 |
| NOI | $22.0k | $7.33 |
3,000 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$594.6K
$520.3K – $693.7K
NOI $41,623 @ 7.0% cap · market cap 11.89%
Second Best
Mixed Use
$565.7K
$495.0K – $660.0K
NOI $39,600 @ 7.0% cap · market cap 11.31%
Theoretical Best
Office A
$791.5K
$692.6K – $923.4K
NOI $55,404 @ 7.0% cap · market cap 15.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Treeco Tree Care
Landscaping
Mr Binky's of Kenner
Cinema
Similar For Sale Nearby
Similar Off Market Nearby
- Deniece's Kitchen & Catering LLC — 2727 Aberdeen St, Kenner, LA 70062
- Kenner Seafood, Market, Restaurant & Catering — 3140 Loyola Dr, Kenner, LA 70065
FAQs
What type of property is this?
Flex space - 3,000 SF industrial building with first-floor office and a second-floor living area, fully HVACed, on 15,000 SF land.
Where is this flex space located?
The property is located at 96 West 27th Street Kenner, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,000 SF industrial building in Crestview Office & Industrial Park; Zoned L‑I (Light Industrial) and sits on approximately 15,000 SF of land; First floor includes office space
