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    Property profile & analytics

    5404 4Th St Marrero, LA 70072

    • Warehouses
    • 6,100 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gloria's Cleaners / (Bike/Boat/Book/etc) Store
    • Ace Cleaners / (Bike/Boat/Book/etc) Store

    Property Details for 5404 4Th St

    Property size
    6,100 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marrero
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.1055
    Latitude
    29.8992

    Comparable in this City

    • Value Estimation by Request
      9,469 SF

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      Distribution properties • 9,469 SF
      141-153 Maxwell Ln, Marrero, LA 70072
      View Details
    • Value Estimation by Request
      2,592 SF

      403 Barataria Blvd

      Distribution properties • 2,592 SF
      403 Barataria Blvd, Marrero, LA 70072
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    • Value Estimation by Request
      65,300 SF

      Lapalco Blvd Between Ames Blvd. & Westwood Dr

      Medical Office Space • 65,300 SF
      0 Lapalco Blvd Between Ames Blvd. & Westwood Dr, Marrero, LA 70072
      View Details
    • Value Estimation by Request
      330,000 SF

      7500 4Th St

      Manufacturing properties • 330,000 SF
      7500 4Th St, Marrero, LA 70072
      View Details
    • Value Estimation by Request
      14.10 Acres

      6025 River Rd

      Land • 14.10 Acres
      6025 River Rd, Marrero, LA 70072
      View Details
    • Value Estimation by Request
      4,811 SF

      605 Barataria Blvd

      Flex space • 4,811 SF
      605 Barataria Blvd, Marrero, LA 70072
      View Details

    Similar Nearby for Sale

    • $1,535,000
      9,469 SF

      Marrero Industrial Portfolio

      Prime Marrero industrial investment.
      141-153 Maxwell Ln, Marrero, LA 70072
      View Details
    • $975,000
      1.15 Acres

      Marrero Commercial Property For Sale

      M-2 zoned commercial property with two buildings and rental income.
      2400 Barataria Blvd, Marrero, LA 70072
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    • $225,000
      6,100 SF

      Warehouse with Fenced Yard

      Cinderblock building suitable for warehouse use with fenced yard.
      5404 4Th St, Marrero, LA 70072
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    • $410,000
      4,811 SF

      Marrero Office Building for Sale

      Versatile Mixed-Use Office in Marrero, LA
      605 Barataria Blvd, Marrero, LA 70072
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    • $34,999

      Residential Lot in Marrero, LA

      Vacant 50' x 147' lot ready for building.
      1741 Penny St, Marrero, LA 70072
      View Details
    • Contact for pricing
      4.14 Acres

      Marrero Outparcel: 4.14 Acres

      Prime commercial land, ideal for development. High traffic location.
      4951 Promenade Blvd, Estelle, LA 70072
      View Details

    Similar Nearby for Lease

    • $30,000
      330,000 SF

      Marrero Industrial Campus: 66 Acres

      Large industrial campus, multiple tenants, flexible space.
      7500 4Th St, Marrero, LA 70072
      View Details
    • $1.00 SF/Yr
      32,000 SF

      Marrero Executive Office Outparcel

      Prime Westbank location, build-to-suit available.
      6205 Lapalco Blvd, Marrero, LA 70072
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    • $1,950 /Mo

      Versatile Commercial Space on Barataria

      Adaptable commercial space suitable for retail, office, medical, or food.
      1706 Barataria Blvd, Marrero, LA 70072
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    • $17 SF/Yr
      14,746 SF

      Marrero Executive Office Space

      Class A Office, High Visibility, Flexible Suites
      1849 Barataria Blvd, Marrero, LA 70072
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    • $3,500 /Mo
      1,615 SF

      Marrero Retail Opportunity For Rent

      Retail space for rent in high-traffic Marrero location.
      1308 Barataria Blvd, Marrero, LA 70072
      View Details
    • $33 SF/Yr
      2,800 SF

      Retail Space on Lapalco Boulevard

      Retail space for lease with high visibility and traffic.
      4960 Lapalco Blvd, Marrero, LA 70072
      View Details
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    5404 4Th St
    Marrero, LA 70072
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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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