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    40540 Highway 23 Buras, LA 70041

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    For Sale
    $399,000

    Commercial property with storefront, storage, and RV spots on 2.7 acres.

    Property size:
    1,800 SF
    Lot size:
    2.70 Acres

    Property Features for 40540 Highway 23

    General Information

    Size
    1,800 SF
    Lot size
    2.70 Acres

    Building Details

    Year built
    2004

    Source: Mark Inman Agent Mark Inman

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

    Overview

    Highway Frontage Commercial Property

    Located on Highway 23 in Buras, this 2.7-acre property includes an 1,800-square-foot building suitable for use as an office or storefront. The property also features large boat/storage sheds and three RV spots. Previously used as a Bait & Tackle Shop, the site offers potential for expansion, parking, or storage. Recent updates include fresh paint and roof work.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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
    -89.40864
    Latitude
    29.336808

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    FAQs

    What type of property is this?
    Storefront property - Commercial property with storefront, storage, and RV spots on 2.7 acres.
    Where is this storefront property located?
    The property is located at 40540 Highway 23 Buras, LA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: - Located on Highway 23, ideal for business.; - 2.7 acres with expansion potential.; - Previously used as a Bait & Tackle Shop.
    (504) 566-1777
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    40540 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
    40540 Highway 23 Buras, LA 70041
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