38963 La-23, Buras, LA 70041
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.