Industrial Flex Facility with
217 N Hollywood Rd Houma, LA 70360
217 N Hollywood Rd, Houma, LA, 70360
$399,000
For Sale
$399,000
COMMERCIAL - Houma, LA
Property Size3,840 SF
Lot Size1.80 Acres
Price / SF$103.91
Days on Market2594
Property Features for 217 N Hollywood Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Standard status
- Active
- Size
- 3,840 SF
- Lot size
- 1.80 Acres
Taxes and HOA fees
- Tax Description
- Lot 5 & 6 Adden 1, and rear Lots, less 10"
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Metal Const
- Roof type
- Metal
Listing Agency
Good Earth Realty, Inc.
(985) 851-3999
401 Barrow Street, Houma, LA
Listed by
Shirin Nail/ Cynthia Pellegrin · License #467517117
(985) 637-2255
Added: Jun 11, 2019 Checked: Jul 17 at 9:06 am
MLS# 155027
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 an industrial flex facility built for operational use, featuring 10 offices plus a dedicated shop area. The outdoor area is chain-link fenced, supporting businesses that require controlled yard space for equipment or supply handling.
The site offers easy access to Highway 182, Highway 311, and Highway 90. It is located in Houma, within Terrebonne Parish.
The owner has indicated a willingness to consider a triple net lease, while the listing is currently offered for sale.
The site offers easy access to Highway 182, Highway 311, and Highway 90. It is located in Houma, within Terrebonne Parish.
The owner has indicated a willingness to consider a triple net lease, while the listing is currently offered for sale.
Key Highlights
- Metal construction with metal roof and vinyl flooring
- Central heating and central air conditioning
- Public water service and public sewer
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 | $55.3k | $14.40 |
| − Vacancy | −$1.1k | −$0.29 |
| EGI | $54.2k | $14.11 |
| − OpEx | −$19.0k | −$4.94 |
| NOI | $35.2k | $9.17 |
3,840 SF · lease $14.40/SF/yr · vacancy 2.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$859.8K
$752.3K – $1.00M
NOI $60,186 @ 7.0% cap · market cap 15.08%
Second Best
Flex RnD
$503.2K
$440.3K – $587.1K
NOI $35,224 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$1.06M
$926.2K – $1.23M
NOI $74,097 @ 7.0% cap · market cap 18.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- The Encore Group — 231 Capital Blvd, Houma, LA 70360
- Trinity Catering Inc — 219 Corporate Dr, Houma, LA 70360
FAQs
What type of property is this?
Flex space - Flex and industrial building with 10 offices, a shop area, and a chain-link fenced yard.
Where is this flex space located?
The property is located at 217 N Hollywood Rd Houma, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Metal construction with metal roof and vinyl flooring; Central heating and central air conditioning; Public water service and public sewer
