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    Zoned C-1 Dental Office Conversion Title is generated by Realmo AI

    2432 PARIS Road, Chalmette, LA 70043

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    Claim this Listing
    For Sale
    $110,000

    COMMERCIAL - Chalmette, LA

    Property size:
    2,500 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $44/SF
    Added:
    Apr 9, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for 2432 PARIS Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C1
    Parking features
    Driveway, Off Street, Assigned
    Standard status
    Active
    APN
    35440810012A
    Size
    2,500 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Description
    LOT 12-A, SQ. 81, VERSAILLES SUB MEAS. 59' FRT ON W. D'AMOUR X 72' = 4,248

    Utilities

    Water source
    Public

    Building Details

    Year built
    1969
    Floors in Building
    1

    We can help!

    Listing Contact
    Luan Vo
    Luan Vo

    Listing agent Luan Vo License #995703893

    Listing office Century 21 J. Carter & Company 3540 S I-10 Service Rd W, Metairie, LA

    Listing date Apr 9, 2026

    MLS# 2551923

    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.

    HighLights

    • Gutted commercial space in Chalmette with a blank‑slate interior for a new business concept
    • Zoned C‑1 and formerly used as a dental office
    • Assigned parking included, plus driveway and off‑street parking
    • Built in 1969 with public water service

    Overview

    This commercial property is currently a gutted interior space that was formerly used as a dental office, making it a flexible option for an owner-operator or investor looking to customize the buildout. The property is offered for sale and sits on a compact lot with an existing parking arrangement that includes assigned parking spaces, supporting tenant and patient/visitor access.

    Located in Chalmette, the property benefits from being in a high-traffic area. It is zoned C-1, which may support a range of commercial uses depending on the specifics of an operator’s plan and applicable approval requirements.

    For tenants, the open, gutted condition is well-suited for conversion into a new professional use that benefits from a tailored interior layout. For buyers and investors, the C-1 zoning and prior office/dental configuration provide a practical starting point for a repositioning strategy, with assigned parking helping reduce friction for initial occupancy and ongoing operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Quoc Nguyen Alternative Medicine Practice Medical Rehab Chalmette Alternative Medicine Practice Lift Pain Center Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • St Bernard Veterinary Hospital — 9121 W Judge Perez Dr, Chalmette, LA 70043

    Location Insight

    • Map
    • Local Demand
    City
    Chalmette
    County
    St. Bernard
    State
    Louisiana
    Longitude
    -89.964534
    Latitude
    29.940793

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    FAQs

    What type of property is this?
    Medical Office Space - Gutted, blank-slate space with assigned parking in a high-traffic Chalmette location.
    Where is this medical office space located?
    The property is located at 2432 PARIS Road Chalmette, LA.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: Gutted commercial space in Chalmette with a blank‑slate interior for a new business concept; Zoned C‑1 and formerly used as a dental office; Assigned parking included, plus driveway and off‑street parking
    (504) 810-2825
    We can help!
    Listing Contact
    Luan Vo
    Luan Vo
    Real Estate License ID: 995703893
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    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.

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