Flex Warehouse with
3803 Paris Rd Chalmette, LA 70043
3803 Paris Rd, Chalmette, LA, 70043
$450,000
For Sale
$450,000
Flexible building with office and mezzanine plus warehouse space and rear lot with common drive.
Property Size4,000 SF
Price / SF$112.50
Days on Market97
Property Features for 3803 Paris Rd
General Information
- Standard status
- Active
- Size
- 4,000 SF
Listing agency
The Agency of M. Grass Group, LLC
(504) 237-3359
Listed by
Matthew Grass · License #23286
(504) 237-3359
Source
Exprealty
Added: Apr 17 Updated: Jul 22 at 2:33AM Checked: Jul 22 at 2:33AM
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 The Agency of M. Grass Group, LLC
Investment Insights
Based on property information with market context.
This flexible building offers a total of 4,000 SF with a functional split between office and warehouse use. The layout includes 1,000 SF of office space, an additional 1,000 SF mezzanine, and 3,000 SF of warehouse area. The property was previously home to a powder coating and shutter operation, and the space can be reconfigured to fit a new user’s needs.
Located at 3803 Paris Rd in Chalmette, LA, the site includes a massive rear lot. Access is supported by a common drive that the owner controls, providing practical options for loading, storage, and on-site operations.
Overall, it presents a workable combination of office support space and enclosed warehouse area, with the added benefit of substantial outdoor space for day-to-day logistics.
Located at 3803 Paris Rd in Chalmette, LA, the site includes a massive rear lot. Access is supported by a common drive that the owner controls, providing practical options for loading, storage, and on-site operations.
Overall, it presents a workable combination of office support space and enclosed warehouse area, with the added benefit of substantial outdoor space for day-to-day logistics.
Key Highlights
- 4,000 SF flexible building with 1,000 SF office, 1,000 SF mezzanine, and 3,000 SF warehouse space
- Previously used for a powder coating and shutter operation; adaptable for new business uses
- Massive rear lot for access, storage, or potential expansion
Local Financial Insights For Warehouse
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 | $39.8k | $9.96 |
| − Vacancy | −$2.0k | −$0.50 |
| EGI | $37.8k | $9.46 |
| − OpEx | −$5.7k | −$1.42 |
| NOI | $32.2k | $8.04 |
4,000 SF · lease $9.96/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$792.8K
$693.7K – $925.0K
NOI $55,498 @ 7.0% cap · market cap 12.33%
Second Best
Warehouse
$459.6K
$402.1K – $536.2K
NOI $32,171 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$1.06M
$923.4K – $1.23M
NOI $73,872 @ 7.0% cap · market cap 16.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
B&A Tire Solution
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flexible building with office and mezzanine plus warehouse space and rear lot with common drive.
Where is this flex space located?
The property is located at 3803 Paris Rd Chalmette, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,000 SF flexible building with 1,000 SF office, 1,000 SF mezzanine, and 3,000 SF warehouse space; Previously used for a powder coating and shutter operation; adaptable for new business uses; Massive rear lot for access, storage, or potential expansion
