223 Judge Perez Dr Chalmette, LA 70043
This exceptional commercial property at 223 E Judge Perez Drive in Chalmette, Louisiana, presents a unique investment opportunity. Boasting a high-profile corner location with 150 feet of frontage along E. Judge Perez Drive, this 12,740 square foot building offers significant visibility and accessibility. The property includes 10,782 square feet of heated and cooled space, ideal for a variety of commercial uses. The layout features a free-span retail area, a dedicated parts room, and office space, providing flexibility for diverse business needs. A substantial 1,958 square foot warehouse with its own heated and cooled working area adds to the property's versatility. Recent renovations have completely updated the building, encompassing HVAC systems, insulation, paint, flooring, and roof upgrades, ensuring efficiency and modern appeal. Ample parking is provided with 14 designated spaces plus overflow parking. The property is zoned C-1 Neighborhood Commercial and sits within a Flood Zone X designation. The 0.4-acre lot offers significant potential for expansion or outdoor uses. Currently operating as a hardware store, this turnkey operation presents an opportunity to acquire both the real estate and the ongoing business for $1,350,000. The real estate alone is offered at $950,000.
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Chalmette Home & Power Equipment Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.