5000 SF Warehouse with Yard in an Opportunity Zone

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30619140
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 5,000 SF
Gross Land Area: 26,220 SF
Sale Price: $675,000
Unit Price: $135 PSF
Office SF: 300 SF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2021

Overview / Comments

Property consists of a 5,000 SF warehouse on a 26,220 sf fenced lot (0.6 acres)
2 grade level doors.
Roof is in good condition.
Building was gutted, clean slate for a new user.
Utilities still in place.
Recently done Phase 1 shows no environmental problems and will be delivered along with an accepted offer.
Zoned HU-MU
Call agent for more details.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41059694
Zoning: HU-MU
Property Located Between: Audubon, Washinton Ave and earhart Blvd
Highway Access: Property is centrally located and is 2 minutes away from thr I-10 on ramp
Site Description: 26,220 square foot yard with a 5000 square foot warehouse with 2 roll up doors
Area Description: Central city, conveniently located in the middle of New Orleans with easy and fast access to all parts of the city via Earhart Blvd or the I-10. LOCATED WITHIN AN OPPORTUNITY ZONE!!
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Renovated: 2020
Parking Type: Surface
Parking Description: Compltely fenced in and secured yard

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,972 190,472 410,865
Median Age: 32.18 36.78 37.77
Households: 12,416 84,335 177,762

Contact

Photograph of Listing Agent

Burden Edmonds

Beau Box Commercial Real Estate Baton Rouge, LA 70808
LACDB Member
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