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Property profile & analytics
OFF-MARKET Estimated value $1,380,000
Warehouses

150 Teal St Saint Rose, LA 70087-4050

53,543 SF 3.32 ac lot Built 1999
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US36-1274908
Property summary
AI-generated overview

This exceptional 53,544-square-foot Class A industrial property, situated within the prestigious James Business Park in St. Charles Parish County, presents a unique opportunity. The tilt-up concrete structure boasts a blend of high-quality office space and dock-high warehouse facilities, perfect for a variety of businesses. The office areas feature large tinted windows, premium interior finishes, and abundant natural light. Ample on-site parking is available for employees and visitors. The property is divisible to a minimum of 2,537 square feet, offering flexibility for tenants of varying sizes. The building is zoned M-1 and was constructed in 1999. James Business Park itself is a master-planned development spanning over 200 acres, home to many leading corporations. Its strategic location offers unparalleled convenience, approximately one mile west of the Louis Armstrong New Orleans International Airport (MSY), two miles east of Interstate 310, four miles from Interstate 10, and 5.5 miles from Elmwood Business Park via Airline Highway. This prime location provides easy access to major freeways, hotels, restaurants, banks, and other essential services. The park's commitment to excellence is evident in its modern buildings and superior management, including on-site managers, dedicated maintenance personnel, and roving security, ensuring a secure and well-maintained environment. The 2.91-acre lot provides ample space and potential for future expansion. Currently, there is 136,047 square feet of vacant space available.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1999
Total area 53,543 SF
Lot 3.32 ac (144,619 SF)
APN -5- 524 005 0010A
UPID US36-1274908
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Spot Coolers Hardware & Home Improvement Home Appliance Store
  • Siemens Engineer Engineering Consultant
  • Devcon Security Security Service
  • North Star Laboratory
  • DSV Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.38M
Owner & transaction history
150 Teal Street LLC · 6 yrs held
150 Teal Street LLC
since 2020
3 recorded transactions
2020
Price N/A
2019
$1,485
2007
$99.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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