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Property profile & analytics
OFF-MARKET Estimated value $1,905,000
Warehouses

190 James E Dr Saint Rose, LA 70087-4056

33,771 SF 4.79 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US36-0825649
Property summary
AI-generated overview

This exceptional 36,357-square-foot industrial service center complex, situated within the prestigious James Business Park in Saint Rose, Louisiana, presents a unique opportunity. Currently, 10,076 square feet of warehouse space is available for lease. The building, constructed in 1987 and zoned M-1, boasts a blend of high-quality office and warehouse space in a beautifully landscaped setting. The office areas feature flexible floor plans and superior interior finishes. The warehouse itself offers both dock-high and ramp loading capabilities, ensuring efficient operations. James Business Park, a 200+ acre master-planned development, is home to many leading corporate tenants. Its strategic location offers unparalleled access to major transportation arteries, including proximity to Louis Armstrong New Orleans International Airport (approximately 1 mile west), Interstate 310 (2 miles east), Interstate 10 (4 miles), and Elmwood Business Park (5.5 miles via Airline Hwy). This prime location also provides convenient access to a wide array of amenities, including hotels, restaurants, banks, and other essential services. James Business Park is renowned for its modern buildings, superior management, and exceptional on-site support, including two on-site managers, three dedicated maintenance personnel, and roving security, setting a new standard for industrial properties in the area. The property is located at 190 James Dr East, Saint Rose, LA 70087, within Saint Charles Parish.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1987
Total area 33,771 SF
Lot 4.79 ac (208,652 SF)
APN -5- 524 08A 001-B
UPID US36-0825649
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
  • PharMerica – New Orleans, LA Pharmacy
  • Paradies Lagardere Travel Retail Travel Agency
  • Hydroquip Building Supply
  • Saybolt Inc Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$1.91M
Owner & transaction history
190 James Drive LLC · 6 yrs held
190 James Drive LLC
since 2020
3 recorded transactions
2020
Price N/A
2019
$1,406
2007
$99.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.8M +30.0%
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