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Property profile & analytics
OFF-MARKET
Industrial properties

8391 La-23 Belle Chasse, LA 70037

60,485 SF 17.57 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Total area 60,485 SF
Lot 17.57 ac (765,349 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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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