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Property profile & analytics
OFF-MARKET
Commercial real estate

255 Marina Rd Chalmette, LA 70043

212,385 SF Built 2025
Property ID
Property summary
AI-generated overview

This exceptional 4.8-acre waterfront property, located at 255 Marina Road in Chalmette, Louisiana, presents a unique development opportunity. Situated on Bayou Bienvenue, this 212,385 square foot parcel offers unparalleled access to Lake Pontchartrain and a direct route to the Gulf of Mexico. The property is ideally positioned just ten minutes from New Orleans, providing convenient access to the city's amenities while maintaining a tranquil waterfront setting. Complete architectural plans are available for the construction of twelve new waterfront homes, transforming this site into a highly desirable residential development. These plans are ready for immediate implementation, eliminating significant pre-development hurdles. The property's prime location and existing development plans make this an exceptional investment opportunity for developers seeking to capitalize on the high demand for waterfront properties in the greater New Orleans area. The existing plans provide a comprehensive vision for the project, minimizing the time and resources required to bring this vision to fruition. This is a rare chance to acquire a substantial waterfront parcel with a clear path to development, offering significant potential for substantial returns. The property is being offered at $800,000.

Property profile
Verified
Property type Commercial real estate
Year built 2025
Total area 212,385 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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