Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3898 Veronica St Chalmette, LA 70043

    Sponsored
    For Sale
    $275,000

    Vacant Land - Chalmette, LA

    Lot size:
    1.89 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 19 at 9:06 pm

    Property Features for 3898 Veronica St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Re
    Lot size
    1.89 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Andrea Tyler

    AT Home Realty Group (504) 352-6063 [email protected]

    Listing agent Andrea Tyler (504) 352-6063

    Listing date Jan 10, 2026

    MLS# 2537541 Listing URL

    Copyright © 2026 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Undeveloped Land in Chalmette

    This 1.89-acre parcel of undeveloped land is located in Chalmette, Louisiana. Situated at the dead end of Veronica Drive, the property is in close proximity to Karen Drive, Palmisano Boulevard, and the Val Reiss Recreation Complex. Some trees have been cleared from the land. The property presents an opportunity for building on acreage or constructing multiple homes. The zoning is Re.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Chalmette
    County
    St. Bernard
    State
    Louisiana
    Longitude
    -89.9537
    Latitude
    29.9614

    Nearby Similar for Sale

    • $2,500,000
      0.40 Acres

      Renovated Commercial Building Near Studios

      Two-story commercial building with modern interiors and ample parking.
      8411 Parc Pl, Chalmette, LA 70043
      View Details
    • $295,000
      2,844 SF

      Versatile Commercial Property in Chalmette

      Adaptable commercial property with income potential in a prime location.
      8817 W Judge Perez Dr, Chalmette, LA 70043
      View Details
    • $900,000
      7,194 SF

      Chalmette Apartment Complex For Sale

      Eleven-unit apartment complex in Chalmette, Louisiana, near New Orleans.
      901 E St. Bernardy Hwy, Chalmette, LA 70043
      View Details
    • $450,000
      0.19 Acres

      Chalmette Commercial Warehouse/Office/Storage Opportunity

      Commercial warehouse/office/mini storage in Chalmette, ready for various applications.
      4002-04 Laviosier St, Chalmette, LA 70043
      View Details
    • $275,000
      2,286 SF

      Two-Story Office Building Near College

      Two-story office building near Nunez Community College with owner financing.
      3518 Fenelon St, Chalmette, LA 70043
      View Details
    • $425,000
      2,306 SF

      Professional Office Building in Chalmette

      Two-story office building with high visibility in a high-traffic location.
      3025 Paris Rd, Chalmette, LA 70043
      View Details
    • New
      $225,000
      1,977 SF

      Well-Maintained Duplex in Chalmette

      Chalmette duplex with separate units, garages, and private yards.
      2013 Gallo Dr, Chalmette, LA 70043
      View Details
    • $750,000
      4,200 SF

      Turn-Key Restaurant with Vacant Lot

      Renovated restaurant with prime visibility and extra vacant lot.
      1530 E Judge Perez Dr, Chalmette, LA 70043
      View Details
    • $249,900
      1,700 SF

      Income-Producing Duplex in Chalmette, LA

      Fully rented duplex in a non-flood zone with investment potential.
      9100 Titans Dr, Chalmette, LA 70043
      View Details
    • $229,900
      1,738 SF

      Chalmette Duplex with Spacious Units

      Duplex in Chalmette, ideal for investors or owner-occupants.
      3208 Pakenham Dr, Chalmette, LA 70043
      View Details
    • $235,000
      1,920 SF

      Chalmette Duplex: Investor Opportunity

      Duplex in Chalmette, LA, great for investors or owner-occupants.
      3322 Laplace St, Chalmette, LA 70092
      View Details
    • $248,500
      3,003 SF

      Chalmette Duplex: Investment Opportunity

      Well-kept duplex in Chalmette, LA, ideal for various buyers.
      3617 Jupiter Dr, Chalmette, LA 70043
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.89 acres of vacant land, ideal for development.
    Where is this residential land & home lot located?
    The property is located at 3898 Veronica St Chalmette, LA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Opportunity to build on acreage or build multiple homes.; - Undeveloped land ready for construction.; - Located in the heart of Chalmette.
    (504) 352-6063
    Request Owner's contact information
    3898 Veronica St Chalmette, LA 70043
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3898 Veronica St
    Chalmette, LA 70043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3898 Veronica St Chalmette, LA 70043
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrea Tyler
    (504) 352-6063
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.