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    3607 English Turn Rd Braithwaite, LA 70040

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    387 acres with dock, rail, warehouse, and laydown yard.

    Type:Industrial, Land
    Property size:
    66,763 SF
    Lot size:
    387.00 Acres
    Price / SF:
    $447/SF
    Added:
    Nov 15, 2021
    Days on Market:
    1621
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 3607 English Turn Rd

    General Information

    Standard status
    Active
    Size
    66,763 SF
    Lot size
    387.00 Acres
    Property subtype
    Industrial, Land

    We can help!

    Listing Contact
    Bryce French

    Listing agent Bryce French License #LA 0995690959

    Listing office CBRE New Orleans

    Listing date Nov 15, 2021

    Source Crexi

    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 CBRE New Orleans

    Overview

    Mississippi Riverfront Industrial Land

    This property features approximately 387 acres of land fronting the levee-protected Mississippi River. It includes a 510' x 52' dock with a 774' mooring area, along with a second, currently inoperable, former liquids dock that requires refurbishment. Rail service is provided by Norfolk Southern Class I, including an active spur on site, rail car storage capacity, and multiple rail loading docks. Reciprocal switching is available to KCS, CN, UP, BNSF, and CSX. The property also includes approximately 386,000 square feet of pile-supported laydown yard. According to a 2014 United States Army Corps of Engineers Jurisdictional Determination, approximately 45 acres are considered wetland. Existing buildings on the property include a 66,763 square foot warehouse and a truck scale.
    Location Intelligence

    Current Use by Public Records

    Scarsdale Ferry Landing Travel Agency

    Suggested Use

    Real Estate Agency Law Firm Electrical Service Veterinary Clinic Nursing Home Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Braithwaite
    County
    Plaquemines
    State
    Louisiana
    Longitude
    -89.970822
    Latitude
    29.863357

    Nearby Similar for Sale

    • $325,000
      680 SF

      Riverfront Land with Modern Cottage

      23.7-acre property with a one-bedroom cottage near New Orleans.
      3019 ENGLISH TURN Road lot: 22, Braithwaite, LA 70040
      View Details
    • $86,000

      Braithwaite Land Ready to Build

      Approximately 4 acres of land in Braithwaite, Louisiana.
      HIGHWAY 39 lot: 14F, Braithwaite, LA 70040
      View Details
    • $239,900

      Braithwaite Land For Sale

      15 acre lot with frontage on LA-39.
      3781 LA-39, Braithwaite, LA 70040
      View Details
    • $1,800,000

      Waterfront Land on Mississippi River

      Waterfront land with rail access near New Orleans.
      2600 English Turn Rd, Braithwaite, LA 70040
      View Details

    FAQs

    What type of property is this?
    Industrial land - 387 acres with dock, rail, warehouse, and laydown yard.
    Where is this industrial land located?
    The property is located at 3607 English Turn Rd Braithwaite, LA.
    What is the asking price?
    The asking price for this property is $29,900,000.
    What are key features of this property?
    This property features: Mississippi River frontage featuring a 510' X 52' dock and 774' +\/- of dock mooring area.; Benefit from Norfolk Southern Class I rail service, complete with active spur, on‑site rail car storage, and multiple rail loading docks; reciprocal switching to KCS, CN, UP, BNSF, & CSX.; Substantial 386,000 +\/- square feet of pile‑supported laydown yard.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bryce French
    Real Estate License ID: LA 0995690959
    Learn More
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    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
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