Property profile

8411 Parc Pl Chalmette, LA 70043

OFF-MARKET
Retail space
Property ID
US36-2120288
0.4 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

The property at 8411 Parc Place in Chalmette is a two-story commercial building configured for flexible multi-use operations, with renovation and buildout described as completed from the studs. The downstairs level features an open floor area with approximately 14-foot ceilings, a renovated lounge or waiting area, an updated kitchen with stainless appliances and custom cabinetry, and multiple newly renovated restrooms. HVAC is described as including a 20-ton system supported by a 10-ton primary unit and a 10-ton backup for reliability. The second level is fully finished with approximately 10-foot ceilings, including a cathedral ceiling in a recording space, and includes a soundproof recording studio, a large mirrored studio intended to capture natural light, and additional support rooms that can function as studios, workshops, office suites, or educational spaces; this floor is described as having two newer 10-ton A/C units with zoned cooling across the main studio, recording studio, and offices. The building is positioned directly across from Ranch Film Studios and provides both gated and non-gated parking options, with over 20 parking spaces.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.4 ac (17,250 SF)
APN 366200000021
UPID US36-2120288

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

8411 Parc Pl Chalmette, LA 70043-1652
Chalmette metro Census 30601 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2021
Last sale
$420,000
1 recorded transaction
2021
$420,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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