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Mixed-Use Building with Fenced Yard
For Sale
$205,000

3001 Jean Lafitte Pkwy, Chalmette, LA 70043

Warehouse, office, and upstairs apartment space are arranged within a fenced commercial property.

Property Size2,300 SF
Price / SF$89.13
Days on Market70

Property Features for 3001 Jean Lafitte Pkwy

General Information

Standard status Active
Size 2,300 SF

Additional Details

Fenced Yard Yes

Building Details

Year Built 1978
Listing Agency: Weichert Realtors, Loescher Pr
Listed By: Stacey Dauzat · License #995698498
Source: Fiorellaavenue
Added: Aug 6 Changed: Sep 15 Last Checked: Oct 7 at 2:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors, Loescher Pr

Investment Insights

Based on property information with market context.

Built in 1978, this mixed-use property combines warehouse space, office areas, and an apartment located on the upper level. A fenced yard provides enclosed exterior space associated with the improvements.

The property is located at 3001 Jean Lafitte Pkwy in Chalmette, Louisiana. Buyers should independently confirm zoning and permitted usage for their intended plans.

Key Highlights

  • Warehouse, office, and upstairs apartment components
  • Fenced yard included with the property
  • Constructed in 1978

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,498
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,960 $370.0K
Cap Rate 7%
$264,257 $264.3K
Cap Rate 9%
$205,533 $205.5K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$22.9K $9.96/SF
− Vacancy
−$1.1K −$0.50/SF
EGI
$21.8K $9.46/SF
− OpEx
−$3.3K −$1.42/SF
NOI
$18.5K $8.04/SF
Area
St. Bernard County, LA
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,960
Cap Rate 7%
$264,257
Cap Rate 9%
$205,533

Alternative Uses

Best Use
Office B
$455.9K
$398.9K – $531.9K (±1% cap)
NOI $31,911 @ 7.0% cap · market cap 15.57%
Second Best
Mixed Use
$433.7K
$379.5K – $506.0K (±1% cap)
NOI $30,360 @ 7.0% cap · market cap 14.81%
Theoretical Best
Office A
$606.8K
$531.0K – $707.9K (±1% cap)
NOI $42,476 @ 7.0% cap · market cap 20.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Daycare Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

617
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Warehouse, office, and upstairs apartment space are arranged within a fenced commercial property.
Where is this mixed-use property located?
The property is located at 3001 Jean Lafitte Pkwy Chalmette, LA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Warehouse, office, and upstairs apartment components; Fenced yard included with the property; Constructed in 1978
More about this property
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