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    OFF-MARKET
    Warehouses

    38963 La-23, Buras, LA 70041

    22,735 SF 38 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 22,735-square-foot industrial property in Buras, Louisiana, presents a unique investment opportunity. Situated on 38 acres, this Class B facility boasts three buildings, each single-story, and offers a prime location on LA-23 with approximately 1,100 feet of highway frontage and roughly 1,000 feet of Mississippi River waterfront. The property includes a well-maintained office/warehouse complex ideal for diverse operational needs, complemented by ample parking for vehicles and aircraft. Its strategic location near the Port of Venice ensures excellent connectivity and access to transportation networks. Currently vacant, this flex/warehouse space is for sale by owner and presents a rare chance to acquire a substantial industrial property with significant potential. The property's zoning and permitted uses should be independently verified. The asking price is $2,490,000.

    Property profile
    Verified
    Property type Warehouses
    Total area 22,735 SF
    Lot 38 ac (1,655,280 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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