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    40128 Highway 23 Buras, LA 70041

    For Sale
    $325,000

    Spacious Commercial Building, 8+ Bedrooms, Prime Location

    Property size:
    3,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This expansive 3,500 square foot commercial property, located at 40128 Highway 23 in Buras, Louisiana, presents a unique investment opportunity. Currently configured as a home or fishing camp, the property boasts eight bedrooms and six and a half bathrooms, comfortably accommodating up to 32 people. The layout includes a large living area seamlessly flowing into a spacious dining area and a substantial kitchen equipped with ample cabinetry and matching appliances. An oversized interior laundry room adds to the convenience. The property's location in Buras offers access to a vibrant community with farmer's markets, seafood festivals, and a highly-regarded school system. Beyond the community amenities, the property's strategic position provides easy access to abundant fishing and hunting opportunities, making it ideal for a variety of commercial ventures. The asking price for this substantial property is $325,000. The property sits on a 0-acre lot, offering ample space for expansion or outdoor activities. This versatile property is ready for its next chapter, whether as a thriving commercial enterprise or a unique residential development. Its size, amenities, and location combine to create a compelling investment opportunity in a desirable Louisiana community. The property's potential is vast, making it an attractive prospect for discerning buyers seeking a significant return on investment.

    Property Features for 40128 Highway 23

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,500 SF

    Building Details

    Year Built
    2007
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Hotel & Motel Auto Parts Store Food Market Storage Facility HVAC Service Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Buras
    County
    Plaquemines
    State
    Louisiana
    Longitude
    -89.40782
    Latitude
    29.33598

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Commercial Building, 8+ Bedrooms, Prime Location
    Where is this commercial real estate located?
    The property is located at 40128 Highway 23 Buras, LA.
    What is the asking price?
    The asking price for this property is $325,000.
    (504) 392-0022
    Request Owner's contact information
    40128 Highway 23 Buras, LA 70041
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    Buras, LA 70041
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    Realmo Value Estimation

    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.

    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.

    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
    40128 Highway 23 Buras, LA 70041
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