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

    Land On Main St Belle Chasse, LA 70037

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    40 acres of vacant land along the Mississippi River.

    Property size:
    40 SF
    Lot size:
    40.00 Acres

    Property Features for Land On Main St

    General Information

    Size
    40 SF
    Lot size
    40.00 Acres

    We can help!

    Listing Contact
    James Barse, Ccim, Sior
    Source: Naiglobal

    Listing Agent: James Barse, Ccim, Sior

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    40 Acres Vacant Land Available

    Approximately 40 acres of vacant land are available for sale. The property is located along the Mississippi River and includes batture land. It features over 1,000 feet of frontage on Main Street. The land is currently zoned A-1 and is situated approximately 20 minutes from Downtown New Orleans. It is adjacent to the Riverwoods Subdivision, making it potentially suitable for upscale residential development. The final purchase price will be determined by survey.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Belle Chasse
    County
    Plaquemines
    State
    Louisiana
    Longitude
    -90.0116
    Latitude
    29.7657

    Nearby Similar for Sale

    • $599,000
      0.71 Acres

      Retail Building in High-Traffic Location

      10,000 sq. ft. retail building with five spacious bays.
      7532 None, Belle Chasse, LA 70037
      View Details
    • $875,000
      2.00 Acres

      Versatile Commercial/Industrial Property in Belle Chasse

      Commercial/industrial property on 2 acres with shop, office, and apartment.
      9167 Hwy 23 Hwy, Belle Chasse, LA 70037
      View Details
    • $429,000
      3,300 SF

      Belle Chasse Commercial Opportunity

      Restaurant or retail property for sale in Belle Chasse.
      9052 Hwy 23 Hwy, Belle Chasse, LA 70037
      View Details
    • $5,900,000

      Belle Chasse Industrial/Commercial Property

      4.68-acre property with six buildings for industrial and commercial use.
      9203 Highway 23, Belle Chasse, LA 70037
      View Details
    • $745,900
      12,425 SF

      Office/Warehouse Facility on Engineers Road

      Office and warehouse space with easy highway access.
      2624 Engineers Rd, Belle Chasse, LA 70037
      View Details
    • $450,000
      8,000 SF

      Industrial Property with Heavy Zoning

      8,000 SF industrial property on 1.4 acres for sale.
      2701 N Concord Rd, Belle Chasse, LA 70037
      View Details
    • $800,000
      1 SF

      Engineers Road Commercial Property

      Commercial property with metal buildings and office space on 1.4 acres.
      602 Engineers Rd, Belle Chasse, LA 70037
      View Details
    • $1,350,000
      37,370 SF

      Industrial Facility on Engineers Road

      37,370 SF industrial facility on approximately 3.8 acres.
      2206 Engineers Rd, Belle Chasse, LA 70037
      View Details
    • $3,750,000
      60,485 SF

      Belle Chasse Industrial Manufacturing Plant

      60,485 SF Manufacturing Facility, Riverfront Access
      8391 La-23, Belle Chasse, LA 70037
      View Details
    • $5,900,000
      81,009 SF

      Belle Chasse Industrial Complex

      81,009 SF Warehouse, $5.9M
      9203 La-23, Belle Chasse, LA 70037
      View Details

    FAQs

    What type of property is this?
    Land - 40 acres of vacant land along the Mississippi River.
    Where is this land located?
    The property is located at Land On Main St Belle Chasse, LA.
    What is the asking price?
    The asking price for this property is $22,000.
    What are key features of this property?
    This property features: - ±40 Acres of Land Available along the Mississippi River; - Over 1,000' of Frontage on Main Street; - Batture Land Included
    (504) 439-9376
    Request Owner's contact information
    Land On Main St Belle Chasse, LA 70037
    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.
    Land On Main St
    Belle Chasse, LA 70037
    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
    Land On Main St Belle Chasse, LA 70037
    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
    James Barse, Ccim, Sior
    (504) 439-9376
    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.