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    Regions Bank Building For Sale Title is generated by Realmo AI

    810 W Esplanade Ave, Kenner, LA 70065

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    Commercial building on Esplanade Ave suitable for various uses.

    Type:Land, Office, Retail
    Property size:
    3,578 SF
    Lot size:
    0.73 Acres
    Price / SF:
    $286/SF
    Added:
    Oct 11, 2023
    Days on Market:
    991
    Last Refresh:
    May 12 at 10:37 pm

    Property Features for 810 W Esplanade Ave

    General Information

    Standard status
    Active
    Size
    3,578 SF
    Lot size
    0.73 Acres
    Property subtype
    Land, Office, Retail

    Building Details

    Year Built
    1997

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    David Wright
    David Wright

    Listing office Wright Commercial Realty Corporation

    Listing date Oct 11, 2023

    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 Wright Commercial Realty Corporation

    HighLights

    • Excellent condition building.
    • Good parking available.
    • Versatile zoning (Commercial with Overlay) allowing for various uses such as medical, retail, office, or credit union.
    • Includes a 3‑car drive‑up canopy.
    • Located at 810 West Esplanade Avenue.
    • Built in 1997.

    Overview

    The Regions Bank Building, located at 810 West Esplanade Avenue, is available for sale. The building is in excellent condition and features a 3-car drive-up canopy with a pitched roof. The property includes parking and is situated on a lot that will be approximately 31,600 square feet. Zoned Commercial with an Overlay (Planned District Corridor), the 3,578 square foot building could potentially be adapted for medical, retail, office, credit union, or restaurant use, subject to City of Kenner approval. The property is also available for lease.

    Local Financial Insights For Specialty Retail

    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 $82.4k $23.04
    − Vacancy −$1.6k −$0.46
    EGI $80.8k $22.58
    − OpEx −$20.2k −$5.64
    NOI $60.6k $16.93
    3,578 SF · lease $23.04/SF/yr · vacancy 2.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $865.6K
    $757.4K – $1.01M (±1% cap)
    NOI $60,591 @ 7.0% cap · market cap 5.91%
    Second Best
    Retail
    $807.9K
    $706.9K – $942.5K (±1% cap)
    NOI $56,552 @ 7.0% cap · market cap 5.52%
    Theoretical Best
    Office A
    $944.0K
    $826.0K – $1.10M (±1% cap)
    NOI $66,079 @ 7.0% cap · market cap 6.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenner
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.256908
    Latitude
    30.021215

    FAQs

    What type of property is this?
    Commercial land - Commercial building on Esplanade Ave suitable for various uses.
    Where is this commercial land located?
    The property is located at 810 W Esplanade Ave Kenner, LA.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: Excellent condition building.; Good parking available.; Versatile zoning (Commercial with Overlay) allowing for various uses such as medical, retail, office, or credit union.
    More about this property
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