Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    38963 La-23 Buras, LA 70041

    For Sale
    $2,490,000

    Louisiana Industrial Property: 22,735 SF

    Property size:
    22,735 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    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 Features for 38963 La-23

    General Information

    Property type
    Distribution properties
    Square Feet
    22,735 SF
    Class
    B
    Lot Size
    1,655,280 SF

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • $2,490,000 asking price for this vacant industrial property.
    • 22,735 square feet of flex/warehouse space in a Class B building.
    • Three buildings situated on a 38‑acre lot in Buras, Louisiana.
    • Property includes a heliport and offers ample parking.
    • Located on LA‑23 with Mississippi River frontage, near the Port of Venice.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Buras
    County
    Plaquemines Parish
    State
    Louisiana
    Longitude
    -89.4382388
    Latitude
    29.3533485

    Nearby Comparable

    • $95,000
      4.00 Acres

      Land Near Mississippi River Levee

      Spacious vacant land near the Mississippi River in Buras, LA.
      39128 Boothville River Rd, Buras, LA 70041
      View Details
    • $199,000
      7,776 SF

      Boothville Apartment Complex For Sale

      Nine-unit apartment complex in Boothville, ready for interior completion.
      39900 None, Boothville, LA 70038
      View Details
    • $399,000
      1,800 SF

      Highway Frontage Commercial Property

      Commercial property with storefront, storage, and RV spots on 2.7 acres.
      40540 Highway 23, Buras, LA 70041
      View Details
    • $325,000
      3,500 SF

      Buras Commercial Property - Huge Potential

      Spacious Commercial Building, 8+ Bedrooms, Prime Location
      40128 Highway 23, Buras, LA 70041
      View Details
    • $399,000
      6,800 SF

      Highway 23 Commercial Property

      Buras, LA: Prime Commercial Real Estate
      40540 Highway 23, Buras, LA 70041
      View Details
    • $650,000
      3.37 Acres

      Buras River Road Industrial Land

      Mississippi Riverfront industrial land; 3.37 acres.
      197 Buras River Rd, Buras, LA 70041
      View Details

    Nearby Similar for Sale

    • $399,000
      1,800 SF

      Highway Frontage Commercial Property

      Commercial property with storefront, storage, and RV spots on 2.7 acres.
      40540 Highway 23, Buras, LA 70041
      View Details
    • $325,000
      3,500 SF

      Buras Commercial Property - Huge Potential

      Spacious Commercial Building, 8+ Bedrooms, Prime Location
      40128 Highway 23, Buras, LA 70041
      View Details
    • $399,000
      8.00 Acres

      Prime Buras Commercial Land

      8-Acre Riverfront Tract, Huge Potential
      41765 Hwy 23 Hwy, Buras, LA 70041
      View Details
    • $399,000
      6,800 SF

      Highway 23 Commercial Property

      Buras, LA: Prime Commercial Real Estate
      40540 Highway 23, Buras, LA 70041
      View Details

    FAQs

    What type of property is this?
    Distribution property - Louisiana Industrial Property: 22,735 SF
    Where is this distribution property located?
    The property is located at 38963 La-23 Buras, LA.
    What is the asking price?
    The asking price for this property is $2,490,000.
    What are key features of this property?
    This property features: $2,490,000 asking price for this vacant industrial property.; 22,735 square feet of flex/warehouse space in a Class B building.; Three buildings situated on a 38-acre lot in Buras, Louisiana.
    Request Owner's contact information
    38963 La-23 Buras, LA 70041
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    38963 La-23
    Buras, LA 70041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    38963 La-23 Buras, LA 70041
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.