296 N. 5th Street, Ponchatoula

Industrial for Sale
Catylist Listing ID: 29837251
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 45,823 SF
Gross Land Area: 60,000 SF
Sale Price: $950,000
Unit Price: $20.73 PSF
Ceiling: 14 ft.
Docks/Doors: 4 Docks, 4 Doors
Office SF: 650 SF
Drive In Bays: 4 Bays
Property Use Type: Investment
Building Name: SEAMAR Warehouse
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2017

Overview / Comments

Price reduced by $300,000 4-7-16 - Excellent Value Investment
Great distribution location near I-12/I-55 interchange
Excellent condition, 7-14 new roof with 12 year warranty, new lighting, fans, four dock levelers, roll up doors, 651 sf of A/C office space with 4 offices included, office and warehouse restrooms, 13' x 27' break area, 13' x 14' secured storage, adjacent yard space of 100' x 200', building is ~ 20 years old, sprinklered

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 84
Taxing Authority: Tangipahoa Parish
Tax ID/APN: 01696505
Zoning: L-I
Market Type: Small
Property Located Between: Beech and Hickory
Side of Street: South
Road Type: Paved
Highway Access: Near I-12 and I-55 interchange
Site Description: 60,000 SF primary site with 20,000 SF adjacent extra yard space
Area Description: mature urban mix
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 45,000 SF
Property Condition: Excellent
Year Built: 1995
Year Renovated: 2003
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Finished block
Parking Type: Surface
Parking Description: parking on east and west ends
Heat Type: Space Heaters
Air Conditioning: Package Unit
Zoning Description: Light Industrial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,665 14,802 45,790
Median Age: 35.63 34.49 33.62
Households: 2,646 5,705 17,109

Contact

Photograph of Listing Agent

Bryan Burns, III

Transwestern New Orleans, LA 70130
LACDB Member
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