1500 Grand Caillou Road Houma, LA 70363
COMMERCIAL - Houma, LA
- Added:
- Jan 27, 2025
- Days on Market:
- 530
- Last Refresh:
- Jul 11 at 1:06 am
Property Features for 1500 Grand Caillou Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Covered
- Standard status
- Active
- Size
- 3,361 SF
- Lot size
- 1.93 Acres
Taxes and HOA fees
- Tax Description
- A tract containing 1.925 acres having a front of 194.80 on LA Highway 57 (Grand Caillou Road) as shown on plat plan for Cherokee Contractors, Inc. DBA Curt's Inland Marina located in Section 105, T17-S-R17E. CB 1844/643
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Building materials
- Metal Const
- Roof type
- Metal
Listing agent Michelle Parsons License #37498 (985) 226-3337
Listing office KELLER WILLIAMS REALTY BAYOU P 6273 W Park Avenue, Houma, LA (985) 262-4400
Listing date Jan 27, 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.
Located at the intersection of Grand Caillou and Moffet Road, the site offers 1.925 acres with approximately 194.80 feet of frontage on LA Highway 57 (Grand Caillou Road). Parking is available and the property includes area for 18-wheelers to load and unload.
Owner is willing to lease. Lease terms mentioned include triple net plus a $1,000 deposit for a 5-year lease, and tenants have the option to buy at any time.
Key Highlights
- Prime location at the intersection of Grand Caillou & Moffet Road with 194.80 frontage on LA Highway 57.
- 2410 sq ft warehouse/office with kitchen, plus a 951 sq ft rear office/apartment (full bathroom and kitchen).
- Approximately 1.925 acres with ample parking and loading area for 18‑wheelers.
Local Financial Insights For Warehouse
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 | $31.9k | $9.48 |
| − Vacancy | −$988 | −$0.29 |
| EGI | $30.9k | $9.19 |
| − OpEx | −$4.6k | −$1.38 |
| NOI | $26.2k | $7.81 |
