Multi-Building Flex
2005-09 BARCELONA Drive Chalmette, LA 70043
For Sale
$436,000
COMMERCIAL - Chalmette, LA
Property Size1,721 SF
Lot Size2.00 Acres
Price / SF$253.34
Days on Market146
Property Features for 2005-09 BARCELONA Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Parking features
Off Street, Garage
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
Utilities
Water source
Public
Building Details
Year built
1985
Listing Agency:
Amanda Miller Realty, LLC
(504) 302-4610
Listed By:
Amanda Miller · License #995687438
(504) 302-4610
Added: Mar 3
Changed: Jul 11
Last Checked: Jul 27 at 6:06PM
MLS# 2547154
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-building commercial property includes a 6,471-square-foot warehouse and a separate residential structure. The warehouse has a large covered carport area that can support storage and day-to-day operations. The second building is a 2-bedroom, 1-bath house with a dedicated office and a 1-car garage. Per the remarks, the home was previously configured as a 3-bedroom, 2-bath layout, which could potentially be converted back depending on the buyer’s plans.
The property is zoned C-1 and is located in Chalmette at adjacent addresses, 2005 and 2009 Barcelona Drive, with easy access to major roadways for business operations and commuting.
The property is zoned C-1 and is located in Chalmette at adjacent addresses, 2005 and 2009 Barcelona Drive, with easy access to major roadways for business operations and commuting.
Key Highlights
- 1985‑built multi‑use commercial property in Chalmette with two buildings at 2005 & 2009 Barcelona Rd.
- 6,471 sq ft warehouse with a large covered carport area for storage, operations, or equipment use.
- Second structure is a 2‑bedroom, 1‑bath house with a dedicated office, suitable for office space or living/working setup.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.8k | $22.56 |
| − Vacancy | −$7.0k | −$4.06 |
| EGI | $31.8k | $18.50 |
| − OpEx | −$8.0k | −$4.62 |
| NOI | $23.9k | $13.87 |
1,721 SF · lease $22.56/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$341.1K
$298.5K – $398.0K
NOI $23,878 @ 7.0% cap · market cap 5.48%
Second Best
Mixed Use
$324.5K
$284.0K – $378.6K
NOI $22,717 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$454.0K
$397.3K – $529.7K
NOI $31,783 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Property includes a warehouse with covered carport plus an on-site 2-bedroom, 1-bath house with dedicated office.
Where is this flex space 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: 1985‑built multi‑use commercial property in Chalmette with two buildings at 2005 & 2009 Barcelona Rd.; 6,471 sq ft warehouse with a large covered carport area for storage, operations, or equipment use.; Second structure is a 2‑bedroom, 1‑bath house with a dedicated office, suitable for office space or living/working setup.
