For Sale

Listed by CATHY NUNEZ and Michael Stawski

Source: Gulf South Real Estate Info Network #2568067

1932 Dicarlo Drive, Chalmette, LA, 70043

$369,000

6
4
3
2650 sq. ft.
4.58 ac.

Other

30+ days on the market

What's around 1932 Dicarlo Drive

About this property

A rare combination of existing rental income, strategic redevelopment potential, and a legally described Mississippi River batture creates one of the most compelling commercial opportunities in St. Bernard. This approximately 4.58± acre property—including a 3.43± acre batture tract—currently generates $40,560 annually in gross rental income from three leased rental dwellings. The existing improvements provide holding income while preserving the property's long-term value as a strategic commercial land acquisition. The property is improved with five buildings, including three income-producing rental dwellings and two additional buildings offering renovation, redevelopment, or additional income potential. Complementing the improved acreage is an exceptionally rare legally described batture tract extending to the Mississippi River. Whether your vision includes commercial or industrial redevelopment, expanding an existing operation, establishing a contractor yard, industrial, logistics, marine-related, commercial, or owner-user operation, or securing a long-term investment, this property offers exceptional flexibility and multiple avenues for value creation. Strategically positioned in the heart of Chalmette, the property is poised to benefit from the $1.8+ billion Louisiana International Terminal and continued investment throughout the Lower Mississippi River industrial corridor. Convenient access to New Orleans, major transportation routes, rail infrastructure, the Port of New Orleans, and regional employers further strengthens its long-term investment appeal. Properties combining existing income, strategic redevelopment potential, substantial land holdings, and a legally described Mississippi River batture tract are exceptionally rare. Buyer to verify zoning, permitted uses, leases, measurements, acreage, flood zone, batture tract, title matters, and all information through their own due diligence.

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