1043 W Tunnel Boulevard Houma, LA 70360
COMMERCIAL - Houma, LA
- Added:
- Aug 4, 2025
- Days on Market:
- 342
- Last Refresh:
- Jul 11 at 1:06 am
Property Features for 1043 W Tunnel Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1
- Security features
- Security System
- Standard status
- Active
- Size
- 8,412 SF
- Lot size
- 0.83 Acres
Taxes and HOA fees
- Tax Description
- LOTS 11 & 12 PROGRESSIVE SQUARE
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Tile, Carpet - Full
- Building materials
- Concrete
- Roof type
- Metal
- Additional Structures
- Storage
Listing agent Gayle Henry (985) 804-3208
Listing office COLDWELL BANKER LARUSSA REAL ESTATE 120 Progressive Blvd Suite 103, Houma, LA (985) 872-0444
Listing date Aug 4, 2025
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
The property is located at 1043 W Tunnel Boulevard in Houma, Louisiana (Terrebonne Parish). It is positioned as a standalone site with land on the parcel, which can support day-to-day operational needs for tenants looking for an industrial-style footprint.
For buyers, this offering provides a single-site option within the flex/warehouse category, with the ability to evaluate the space for compatible industrial and light office use. For tenants, the key lease structure is a triple-net arrangement with a 3-year minimum, which may align well with operators seeking longer-term occupancy on an industrial-flex configuration.
Key Highlights
- Concrete construction with metal roof
- Central air cooling plus window unit(s)
- Electric heating
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.1k | $14.40 |
| − Vacancy | −$2.4k | −$0.29 |
| EGI | $118.7k | $14.11 |
| − OpEx | −$41.5k | −$4.94 |
| NOI | $77.2k | $9.17 |
