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    Kent Charpentier, Houma, LA

    License ID: 0995698434
    Keller Williams Houma/Thibodaux
    Years of Experience
    5
    Association
    Greater Baton Rouge Association Of Realtors

    Contact details

    Phone:
    (985) 258-8948
    Office Address:
    307 Bayou Gardens Blvd, Houma, LA, 70364

    Performance

    Listings
    8
    Total transactions
    36
    Total transactions amount
    $4M
    Price range
    $74k - 167k
    Average price
    $111k

    Listings

    For Sale (8)

    View map
    • $40,000
      0.30 Acres

      Corner Lot in Larose Landing

      Residential land in established subdivision ready for dream home build.
      168 Winchester Way, Lockport, LA 70374
      View Details
    • $244,000
      2,178 SF

      Cut Off Triplex For Sale

      Recently renovated triplex in Cut Off, Louisiana. 100% occupancy.
      192 W 64Th St, Cut Off, LA 70345
      View Details
    • $400,000
      4,720 SF

      Renovated Laplace Fourplex For Sale

      Well-maintained fourplex with renovated units, ideal for rental portfolio expansion.
      725 Woodland Dr, Laplace, LA 70068
      View Details
    • $45,000
      728 SF

      Cut Off Commercial Property

      Commercial property on Highway 1, perfect for office or retail.
      14673 W Main St, Cut Off, LA 70345
      View Details
    • $380,000
      4,065 SF

      Larose Restaurant with Highway Frontage

      Turn-key buffet restaurant with seating for 120+ in Larose.
      13960 W Main St, Larose, LA 70373
      View Details
    • $354,000
      31.00 Acres

      Large Acreage on Highway 3235

      30+ acre tract with highway frontage in Cut Off, LA.
      W Side, Cut Off, LA 70345
      View Details
    • $60,000
      3.48 Acres

      Residential Land in Cut Off

      Residential land with 11 lots in Cut Off, Louisiana.
      lot 1 - 11 E 73Rd Pl, Cut Off, LA 70345
      View Details
    • Contact for pricing
      0.27 Acres

      Residential Lot in Willowdale Subdivision

      Residential lot ready for new construction in established neighborhood.
      272 E 74Th St, Cut Off, LA 70345
      View Details

    Leases and Sales on Map

    • For Sale

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    Kent Charpentier, Houma, LA
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Kent Charpentier, Houma, LA
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