8391 La-23 Belle Chasse, LA 70037
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.