N. Galvez Industrial Facility

Industrial for Sale
Catylist Listing ID: 30865363
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 68,622 SF
Gross Land Area: 2.42 Acres
Sale Price: $2,599,000
Unit Price: $37.87 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 68,622 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/22/2024

Overview / Comments

4501 North Galvez Street offers versatile warehouse space in active industrial district of New Orleans. With frontage on North Galvez Street, and Kentucky St., and close proximity to the Industrial Canal, this location offers strong functionality for many industrial users. The property offers two buildings. Building 1 is a large warehouse featuring 61,422 sq. ft.. There are four dock high loading doors and one of which has a ramp to grade level. Eave height of the warehouse is 12 ft. with an 18.4 ft. center clear height. The entire floor was recently repaired and roof was re-coated in 2017. Rail spur adjacent to the property as well than can be activated. Building 2 is a rectangular 7,200 SF metal building. Ample space on the lot for parking and storage. Property is completely gated. The H-I zoning (Heavy industrial) uses are higher intensity manufacturing, warehousing, and storage uses.

Building 1 - 61,422 Fully Sprinklered
Building 2 - 7,200
H-I Zoning
2.42 Acres +/-
18.4' Center Height
4 Dock High Doors
2 Grade Level Doors

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 39W508601
Zoning: H-I
Property Condition: Good

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,291 108,278 309,958
Median Age: 36.82 37.45 35.87
Households: 4,898 46,475 128,253

Contact

The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.