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    1023 W Tunnel Blvd Houma, LA 70360

    Picture of Restaurants at W Tunnel Blvd 1023, Houma, LA
    For Sale
    $695,000

    Commercial - Houma, LA

    Property size:
    3,776 SF
    Lot size:
    1.05 Acres
    Days on Market:
    131
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 1023 W Tunnel Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    20
    Size
    3,776 SF
    Lot size
    1.05 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Bayou Partners Investments, LLC (985) 262-4400 [email protected]

    Listing agent Holly Guidry (985) 262-4400

    Listing date Jul 30, 2025

    MLS# 2025014161 Listing URL

    Copyright © 2025 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Houma Restaurant Opportunity For Sale

    The property features a restaurant building situated on 1.053 acres. It is centrally located between downtown Houma and the MLK retail corridor, offering high visibility on W. Tunnel Blvd, with additional access from Polk St. The surrounding area includes numerous single-family residences. The building has a total area of 3776 square feet. Note that furniture, fixtures, and equipment are not included in the sale but are negotiable separately. This property is located in Houma, Louisiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Watergrill Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.733397338
    Latitude
    29.591071148

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    FAQs

    What type of property is this?
    Restaurant - Restaurant on 1.053 acres, centrally located with high visibility.
    Where is this restaurant located?
    The property is located at 1023 W Tunnel Blvd Houma, LA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Highly visible location centrally located between downtown Houma and the MLK retail corridor.; - Sits on 1.053 acres on W. Tunnel with access from Polk St.; - Plenty of single-family rooftops in all directions.
    (985) 262-4400
    Request Owner's contact information
    1023 W Tunnel Blvd Houma, LA 70360
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    Houma, LA 70360
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1023 W Tunnel Blvd Houma, LA 70360
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