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    8391 La-23 Belle Chasse, LA 70037

    For Sale
    $3,750,000

    60,485 SF Manufacturing Facility, Riverfront Access

    Property size:
    60,485 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a substantial manufacturing facility situated on a prime 17.57-acre lot in Belle Chasse, Louisiana. The property, formerly the Red Star Yeast Plant, comprises four buildings totaling 60,485 square feet of industrial space, ideally suited for a variety of manufacturing operations. The main plant building sits on a 13.07-acre parcel, offering ample room for expansion or outdoor storage. A significant advantage is the inclusion of a separate 4.5-acre batture, providing 1,297 linear feet of direct access to the Mississippi River, presenting unique logistical possibilities for waterborne transport. This waterfront access significantly enhances the property's value and operational capabilities. The property is zoned I-3, Heavy Industrial, allowing for a wide range of industrial uses. The asking price is $3,750,000, translating to $62 per square foot. The property is conveniently located at 8391 LA-23, Belle Chasse, LA 70037, in Plaquemines Parish. The property can be purchased as a single entity or as two separate parcels: the 13.07-acre plant site and the 4.5-acre batture. This presents flexibility for potential buyers with varying needs and investment strategies. This is a rare opportunity to acquire a substantial, well-located industrial property with significant waterfront access.

    Property Features for 8391 La-23

    General Information

    Property type
    Manufacturing properties
    Square Feet
    60,485 SF
    Lot Size
    765,349 SF

    Building Details

    Buildings
    4

    HighLights

    • $3,750,000 asking price for this owner‑user industrial investment opportunity.
    • 60,485 square feet of manufacturing space.
    • $62 per square foot.
    • Four buildings on a 17.57‑acre lot.
    • I‑3 Heavy Industrial zoning.
    • Located at 8391 LA‑23, Belle Chasse, LA 70037.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Belle Chasse
    County
    Plaquemines Parish
    State
    Louisiana
    Longitude
    -89.98474
    Latitude
    29.8532029

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    FAQs

    What type of property is this?
    Manufacturing property - 60,485 SF Manufacturing Facility, Riverfront Access
    Where is this manufacturing property located?
    The property is located at 8391 La-23 Belle Chasse, LA.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: $3,750,000 asking price for this owner-user industrial investment opportunity.; 60,485 square feet of manufacturing space.; $62 per square foot.
    Request Owner's contact information
    8391 La-23 Belle Chasse, LA 70037
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8391 La-23 Belle Chasse, LA 70037
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