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Mixed-Use Property with Warehouse
For Sale
$436,000

2005-09 BARCELONA Drive, Chalmette, LA 70043

Commercial Sale, Chalmette, LA

Property Size1,721 SF
Lot Size2.00 Acres
Price / SF$253.34
Days on Market237

Property Features for 2005-09 BARCELONA Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Parking 2
Parking features Off Street
Standard status Active
APN 700432005BARCELONADR8
Size 1,721 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Description PTN.GR. MEAS.95' FR.ON ST.BERN.HWY., DEP.800'-LOT 8- CORINNE PLANT
Legal Description PTN.GR. MEAS.95' FR.ON ST.BERN.HWY., DEP.800'-LOT 8- CORINNE PLANT

Utilities

Water source Public

Building Details

Year built 1985
Buildings 2
Listing Agency: Amanda Miller Realty, LLC
Listed By: Amanda Craft Miller · License #995687438
Added: Mar 3 Changed: Oct 23 Last Checked: Oct 26 at 4:06AM
MLS# 2547154

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2-acre mixed-use property in Chalmette comprises two buildings at adjacent addresses. One is a 6,471-square-foot warehouse with a covered carport. The second is a two-bedroom, one-bath house with a separate office and a one-car garage.

The property is zoned C-1, was built in 1985, and has public water and off-street parking.

Key Highlights

  • 6,471‑square‑foot warehouse with covered carport
  • Two‑bedroom, one‑bath house with dedicated office
  • Two buildings on 2 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,878
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,560 $477.6K
Cap Rate 7%
$341,114 $341.1K
Cap Rate 9%
$265,311 $265.3K
Market Conditions
NOI Build-Up for 1,721 SF
Gross rent
$38.8K $22.56/SF
− Vacancy
−$7.0K −$4.06/SF
EGI
$31.8K $18.50/SF
− OpEx
−$8.0K −$4.62/SF
NOI
$23.9K $13.87/SF
Area
St. Bernard County, LA
Vacancy
18.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,560
Cap Rate 7%
$341,114
Cap Rate 9%
$265,311

Alternative Uses

Best Use
Office B
$341.1K
$298.5K – $398.0K (±1% cap)
NOI $23,878 @ 7.0% cap · market cap 5.48%
Second Best
Mixed Use
$324.5K
$284.0K – $378.6K (±1% cap)
NOI $22,717 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$454.0K
$397.3K – $529.7K (±1% cap)
NOI $31,783 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Live-work space

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby

Demographics for 70043, LA

21,596
Population
8,782
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
83%
High-School Grad
9.1 sq mi
ZIP Area
2,373
Density / Sq Mi
$57,065
Median Household Income
$37,969
Median Earnings
$1,091
Median Rent
$203,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two buildings combine warehouse capacity with a house that includes a dedicated office.
Where is this mixed-use property located?
The property is located at 2005-09 BARCELONA Drive Chalmette, LA.
What is the asking price?
The asking price for this property is $436,000.
What are key features of this property?
This property features: 6,471‑square‑foot warehouse with covered carport; Two‑bedroom, one‑bath house with dedicated office; Two buildings on 2 acres
More about this property
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