www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33232460
33232461

2211-2217 Engineers Road, Belle Chasse, LA 70037

RW
LA SALE.0000071088-ACT
Corporate Realty
WS
LA SALE.0995692597-ACT
Corporate Realty
Listed by Corporate Realty
$4,700,000
7 days on market
Updated 7 days ago

Value-Add Industrial Investment Opportunity

Details
APN 1113100
Property Type Industrial
Sub Type Warehouse
Square Footage 103,155
Units 44
Cap Rate 7.31%
NOI $343,782
Tenancy Multi
Pro-Forma Cap Rate 13.01%
Pro-Forma NOI $611,285
Price per SqFt $46
Year Built 1970
Year Renovated 2025
Buildings 3
Acreage 5.420
Zoning I-3 Heavy Industrial
Investment Type Value Add
Ground Lease No
Ceiling Height 14

Industrial | 7.31% CAP | 103,155 SqFt

Marketing description

Engineers Industrial Complex is a value-add, multi-tenant industrial property located along Engineers Road in Belle Chasse, offering a flexible mix of small-bay suites suited for a wide range of users.

The property consists of three buildings totaling approximately 103,155 sf and is situated on approximately 5.42 acres within one of the Westbank’s most established industrial corridors. Suite sizes range from approximately 1,850 sf to over 11,000 sf, providing flexibility for a diverse tenant base.

Under new ownership, the property has benefitted from capital improvements and operational enhancements, positioning the asset for continued lease-up and long-term financial returns.

The property presents a compelling value-add opportunity through lease-up of existing vacancy, conversion of legacy gross leases to NNN structures, and mark-to-market potential on in-place rents.

Strategically located with immediate access to Highway 23 and in close proximity to the Intracoastal Waterway and Harvey Canal, the property benefits from strong demand drivers tied to the surrounding industrial corridor.

Listing Contacts

RW
LA SALE.0000071088-ACT
Corporate Realty
WS
LA SALE.0995692597-ACT
Corporate Realty
Listed by Corporate Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$343,782.43
$28,648.54/mo

Valuation Metrics

0
DSCR
7.31%
Cap Rate
7.31%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591