Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6061 Industrial Dr Geismar, LA 70734
    Property profile & analytics

    6061 Industrial Dr, Geismar, LA 70734

    View on Map
    • Warehouses
    • 5,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Specialty Gases Inc / Big Box & Wholesale Store / Building Supply

    Property Details for 6061 Industrial Dr

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 5,000-square-foot warehouse in Ascension Parish's thriving Geismar submarket presents a significant investment opportunity. The single-tenant building sits on a 0.59-acre lot and offers ample space ideal for various industrial, warehouse, or distribution uses. The entire 5,000 square feet is currently vacant, providing immediate occupancy for a new tenant. Its functional layout is designed for efficient operations, encompassing ample storage and space for manufacturing or other operational needs. The property's well-maintained condition ensures a seamless transition for any business. Located in Ascension Parish, this warehouse benefits from the area's robust industrial landscape and presents a strategic advantage for businesses seeking a strong foothold in this dynamic market. The property's size and location make it an attractive prospect for investors seeking a stable and scalable industrial asset. This is a turnkey opportunity for immediate occupancy and operational efficiency. The property is classified as Industrial, with a Warehouse subtype. The property's functionality and scalability make it a compelling investment in a high-growth area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Geismar
    County
    Ascension Parish
    State
    Louisiana
    Longitude
    -90.9871
    Latitude
    30.2122

    Comparable in this City

    • Value Estimation by Request
      119,500 SF

      35610 Ln Hwy

      Distribution properties
      35610 Ln Hwy, Geismar, LA 70734
      View Details
    • Value Estimation by Request
      3,539 SF

      6113 Highway 73

      Individual retail properties
      6113 Highway 73, Geismar, LA 70734
      View Details
    • Value Estimation by Request
      10,500 SF

      37585 Lyle Dr

      Distribution properties
      37585 Lyle Dr, Geismar, LA 70734
      View Details
    • Value Estimation by Request
      33,022 SF

      13253 La-73

      Distribution properties
      13253 La-73, Geismar, LA 70734
      View Details
    • Value Estimation by Request
      4,825 SF

      6089 La-73

      Distribution properties
      6089 La-73, Geismar, LA 70734
      View Details
    • Value Estimation by Request
      187.36 Acres

      7238 La-75

      Refrigerated & Cold Storage
      7238 La-75, Geismar, LA 70734
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Industrial and Logistics Park Development

      96-acre industrial park with Class A warehouse and distribution space.
      652, Geismar, LA 70734
      View Details
    • $760,000
      2.90 Acres

      Hwy 73 Geismar Industrial Land

      2.9-Acre Industrial Lot, Hwy 73 Frontage
      0 Highway 73, Geismar, LA 70734
      View Details
    • $1,360,000
      8.26 Acres

      Geismar Industrial Land - Hwy 30

      8.26 Acres, I-1 Zoning, Prime Location
      0 La-30, Geismar, LA 70734
      View Details
    • Contact for pricing
      7.65 Acres

      Geismar Industrial Land - Build Ready

      50+ Acres, Highway 30, Petrochemical Corridor
      0 La-30, Geismar, LA 70734
      View Details
    • $1,360,000
      8.26 Acres

      Geismar Industrial Land - Hwy 30

      Prime 8.26-acre industrial tract in Geismar, LA.
      0 Highway 30, Geismar, LA 70734
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      254,000 SF

      Industrial Park in Geismar, Louisiana

      96-acre industrial and logistics park with Class A warehouse space.
      6535 Industrial Dr, Geismar, LA 70734
      View Details
    • Contact for pricing

      New Industrial Warehouse in Geismar

      New 10,500 SF industrial warehouse in Geismar, Louisiana.
      36585 Lyle Dr, Geismar, LA 70734
      View Details
    • Contact for pricing

      Geismar Industrial Office/Warehouse For Rent

      Industrial office/warehouse available for lease in Geismar, Louisiana.
      34464 Terminal Ct, Geismar, LA 70734
      View Details
    • $8 SF/Yr

      Industrial Facility with I-10 Visibility

      Industrial facility for sale or lease with excellent I-10 visibility.
      38004 Cornerview Rd, Geismar, LA 70734
      View Details
    • Contact for pricing

      New Industrial Warehouse For Lease

      New 10,500 SF industrial warehouse in Geismar, Louisiana.
      36585 Lyle Dr, Geismar, LA 70734
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6061 Industrial Dr
    Geismar, LA 70734
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6061 Industrial Dr, Geismar, LA, 70734
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!