New Office Building For
8321 LAFITTE Court Chalmette, LA 70043
For Sale
$3,500,000
Newly constructed office building with modern design and ample parking.
Property Size10,580 SF
Price / SF$330.81
Days on Market694
Property Features for 8321 LAFITTE Court
General Information
Standard status
Active
Size
10,580 SF
Property subtype
General Commercial
Building Details
Year Built
2010
Listing Agency:
Southeast Commercial of MS, LLC
(228) 276-2700
Listed By:
Matt Eaton · License #0000072493
(504) 339-2136
Source:
Xome
Added: Sep 2, 2024
Changed: Jul 10
Last Checked: Jul 27 at 2:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southeast Commercial of MS, LLC
Investment Insights
Based on property information with market context.
This newly constructed office building, less than two years old, is located directly off Jean Lafitte Parkway and one block from W. Judge Perez Drive. The property has been thoughtfully crafted, keeping contemporary business needs in mind. The first-floor space includes 8 private offices, 2 private bathrooms, an open bullpen area, a kitchen/breakroom, and a large soundproof conference room. Ample parking is available.
Key Highlights
- Located directly off Jean Lafitte Parkway and one block from W. Judge Perez Drive
- Newly constructed office building (less than two years old)
- Includes 8 private offices, 2 private bathrooms, open bullpen area, kitchen/breakroom and a large soundproof conference room
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $238.7k | $22.56 |
| − Vacancy | −$43.0k | −$4.06 |
| EGI | $195.7k | $18.50 |
| − OpEx | −$48.9k | −$4.62 |
| NOI | $146.8k | $13.87 |
10,580 SF · lease $22.56/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.10M
$1.83M – $2.45M
NOI $146,791 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.26M
NOI $195,391 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Newly constructed office building with modern design and ample parking.
Where is this office building located?
The property is located at 8321 LAFITTE Court Chalmette, LA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Located directly off Jean Lafitte Parkway and one block from W. Judge Perez Drive; Newly constructed office building (less than two years old); Includes **8 private offices, 2 private bathrooms, open bullpen area, kitchen/breakroom and a large soundproof conference room**
