New Chalmette Office Building For
For Sale
$3,500,000
8321 Lafitte Ct, Chalmette, LA 70043
Newly constructed office building with modern design and ample parking.
Property Size10,580 SF
Price / SF$330.81
Days on Market223
Property Features for 8321 Lafitte Ct
General Information
Standard status
Active
Size
10,580 SF
Building Details
Year Built
2010
Listing Agency:
Southeast Commercial of MS, LLC
Listed By:
Matthew Eaton · License #000072493
(504) 339-2136
Source:
Dominionplace
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 7 at 4:16PM
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 Southeast Commercial of MS, LLC
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Investment Insights
Based on property information with market context.
This newly constructed office building, less than two years old, is located directly off Jean Lafitte Parkway and one block from W. Judge Perez Drive. The building has been thoughtfully crafted, keeping contemporary business needs in mind. The first-floor space includes 8 private offices, 2 private bathrooms, an open bullpen area, a kitchen/breakroom, and a large soundproof conference room. Ample parking is available for both clients and staff. The property size is 10580 square feet.
Key Highlights
- Newly constructed office building (less than two years old)
- Prime location directly off Jean Lafitte Parkway and one block from W. Judge Perez Drive
- Features 8 private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$146,791
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,935,820
$2.9M
Cap Rate 7%
$2,097,014
$2.1M
Cap Rate 9%
$1,631,011
$1.6M
Market Conditions
NOI Build-Up for 10,580 SF
Gross rent
$238.7K $22.56/SF
− Vacancy
−$43.0K −$4.06/SF
EGI
$195.7K $18.50/SF
− OpEx
−$48.9K −$4.62/SF
NOI
$146.8K $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%
$2,935,820
Cap Rate 7%
$2,097,014
Cap Rate 9%
$1,631,011
Alternative Uses
Best Use
Office B
$2.10M
$1.83M – $2.45M
NOI $146,791 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.26M
NOI $195,391 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
617
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Newly constructed office building with modern design and ample parking.
Where is this office building located?
The property is located at 8321 Lafitte Ct Chalmette, LA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Newly constructed office building (less than two years old); Prime location directly off Jean Lafitte Parkway and one block from W. Judge Perez Drive; Features **8 private offices**
