New Orleans CBD Warehouse For Sale
Industrial
for Sale
Catylist Listing ID: |
30842101 |
Property Subtypes: |
Free-Standing
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Building Size (RSF): |
12,455 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
14,222 SF
|
Sale Price: |
$899,000 |
Unit Price: |
$72.18 PSF |
Ceiling: |
21 ft. |
Docks/Doors: |
1 Dock, 2 Doors |
In Opportunity Zone? |
Yes |
Property Use Type: |
Vacant/Owner-User |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/23/2024 |
Overview / Comments
Appraised at $1,050,000 and reduced price to $899,000 or for lease at $6/SF NNN.
Sprinklered, 12,455 SF clear span near CBD, updated 3-phase electrical, steel frame and gable metal roof warehouse with 21' center height on 14,222 SF lot with one loading dock/ rollup door in front and one drive in ramp in rear. Zoned MU-2.
Good use for micro-brewery, light manufacturing and warehousing. Office area, bar and handicapped accessible restrooms. Includes billboard with I-10 visibility leased to Lamar Advertising for $18,000 annually until 2026. Vacant at sale.
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Financials
Finance Data Year |
2023 |
Real Estate Taxes - Annual($) |
$8,507 (Annual) |
Additional Details
Nearest MSA: |
New Orleans-Metairie |
County: |
Orleans |
Submarket/Township: |
Greater New Orleans |
Tax ID/APN: |
103109413 |
Zoning: |
MU-2 |
Sprinklers: |
Wet |
Amps: |
300 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
24,464 |
200,714 |
420,513 |
Median Age: |
31.99 |
36.47 |
37.43 |
Households: |
8,170 |
89,064 |
179,070 |
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