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Property profile & analytics
OFF-MARKET Estimated value $1,025,000
Warehouses

161 James W Dr Saint Rose, LA 70087-4034

47,474 SF 3.04 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US36-1253042
Property summary
AI-generated overview

This exceptional 47,474-square-foot industrial warehouse complex, situated within the prestigious James Business Park in Saint Rose, Louisiana, presents a unique investment opportunity. The property, zoned M-1, offers a readily available 3,196 square feet of vacant space within a larger multi-tenant building. The tilt-up concrete structure boasts 18-foot clear ceiling heights, providing ample vertical space for storage and operations. Multiple loading options are available, including loading docks with ramps and grade-level doors, ensuring efficient material handling. The building features flexible floor plans, allowing for customization to suit diverse business needs. James Business Park itself is a master-planned development spanning over 200 acres, home to numerous leading corporate tenants. Its prime location offers unparalleled accessibility, situated approximately one mile west of the Louis Armstrong New Orleans International Airport, two miles east of Interstate 310, four miles from Interstate 10, and 5.5 miles from Elmwood Business Park via Airline Highway. This strategic location provides seamless connectivity to major freeways, hotels, restaurants, banks, and other essential services. The park is renowned for its modern buildings and exceptional management, featuring on-site managers, dedicated maintenance personnel, and roving security, ensuring a high level of service and security for tenants. This is a prime opportunity to establish a presence in a thriving industrial hub with superior infrastructure and amenities. The property is located at 161 James Dr. W, Saint Rose, LA 70087, in Saint Charles County.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Total area 47,474 SF
Lot 3.04 ac (132,422 SF)
Zoning code M1
APN -5- 524 003 00005
UPID US36-1253042
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
  • Mattress Firm Warehouse Furniture & Home Goods
  • Marine Laboratory Services Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
  • California Closets Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$833k
Blend (final) Blend
$1.03M
Owner & transaction history
161 James Drive LLC · 6 yrs held
161 James Drive LLC
since 2020
3 recorded transactions
2020
Price N/A
2019
$1,405
2007
$99.0M
Zoning & alternative use
M1 · Saint Rose, LA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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