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    2720 Paris Rd Chalmette, LA 70043

    Sponsored
    For Sale
    $400,000

    Prime Commercial Office Space, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 2720 Paris Rd in Chalmette, Louisiana, presents a unique investment opportunity. The 0.237-acre lot boasts 68 feet of frontage directly on Paris Road, offering unparalleled visibility across from a Racetrack. The property includes a fully renovated, 1,840 square foot single-family home featuring three bedrooms and two bathrooms, along with a single-car garage and a two-car garage. This building is situated in a flood zone X location and underwent complete renovations after Hurricane Katrina, ensuring all systems are in excellent working order. The property's C-1 commercial zoning allows for a wide range of commercial uses, making it highly versatile. High traffic counts further enhance its appeal, with 16,703 vehicles passing 2710 Paris Road in 2019 and 30,570 vehicles traversing the West Judge Perez/Paris Road intersection in 2023. The asking price for this strategically located and well-maintained property is $400,000. The total square footage of the land is 10,336 square feet. This presents a rare chance to acquire a commercially zoned property in a high-traffic area with significant development potential. The existing structure provides immediate income potential or can be easily repurposed to suit a variety of commercial needs. The property's location and zoning make it an ideal investment for both short-term and long-term growth.

    Property Features for 2720 Paris Rd

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    10,324 SF

    HighLights

    • $400,000 asking price for a commercially zoned property.
    • 0.237‑acre lot with 68 feet of Paris Road frontage in Chalmette, LA.
    • 1,840 SF, 3 bed/2 bath house with two garages, fully renovated post‑Hurricane Katrina.
    • C‑1 Commercial zoning allows for various commercial uses.
    • High traffic counts: 16,703 vehicles daily on Paris Road (2019 data) and 30,570 vehicles daily at the intersection of W Judge Perez and Paris Road (2023 data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chalmette
    County
    St. Bernard Parish
    State
    Louisiana
    Longitude
    -89.9633385
    Latitude
    29.9442408

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Commercial Office Space, High Visibility
    Where is this office property / space located?
    The property is located at 2720 Paris Rd Chalmette, LA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price for a commercially zoned property.; 0.237-acre lot with 68 feet of Paris Road frontage in Chalmette, LA.; 1,840 SF, 3 bed/2 bath house with two garages, fully renovated post-Hurricane Katrina.
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    2720 Paris Rd Chalmette, LA 70043
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    Chalmette, LA 70043
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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
    2720 Paris Rd Chalmette, LA 70043
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