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Financial
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Property profile

1521 Dickory Ave Elmwood, LA 70123

OFF-MARKET
Warehouses
8,775 SF 0.3 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional 8,775 square foot office and warehouse building is available for purchase in Elmwood Business Park, Louisiana. Located at 1521 Dickory Ave, 70123, this single-tenant property features a desirable blend of office and warehouse space, ideal for a variety of businesses. The building, constructed in 2006, boasts a Class B rating and sits on a 0.3-acre lot with 17 parking spaces. The layout includes private and open offices, a large conference room, a kitchenette, spacious work areas, and multiple restrooms. The warehouse area features a 32-foot vaulted ceiling, a 14' x 12' electric grade-level door, and included racking. The building offers convenient access from Dickory Ave and River Oaks Road West, with excellent connectivity to major thoroughfares like the Earhart Expressway, Clearview Parkway, Airline Drive (Hwy 61), and Jefferson Highway (Hwy 90). The property includes energy-efficient LED lighting, ADA-compliant restrooms on the first floor, a full bathroom with shower on the second floor, a second-floor kitchenette, and three stairwells. Five HVAC units ensure climate control throughout the building. The masonry façade with a metal roof and the M-1 zoning provide a durable and versatile property. The current lease expires August 25, 2025, presenting a significant investment opportunity. Nearby amenities include restaurants, gas stations, and parks.

Property profile

Verified
Property type Warehouses
Year built 2006
Total area 8,775 SF
Lot 0.3 ac (13,068 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store Computer & Electronic Repair

Location

1521 Dickory Ave Elmwood, LA 70123
Elmwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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