Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2555 Brady Rd Theriot, LA 70397

    View on Map
    Claim this Listing
    For Sale
    $42,000

    LAND - Theriot, LA

    Lot size:
    1.20 Acres
    Added:
    May 3, 2023
    Days on Market:
    1094
    Last Refresh:
    Apr 30 at 10:06 pm

    Property Features for 2555 Brady Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.20 Acres

    Taxes and HOA fees

    Tax Description
    Tract or portion on right descending bank of the Bayou Dularge, at about 18 miles below the City of Houma measuring sixty feet front, on the right descending bank of Bayou Dularge by depth of survey; bounded above by property of Walter Guidry, now or form

    Utilities

    Water front features
    Waterfront
    Water front
    1

    We can help!

    Listing Contact
    Michelle Parsons
    Michelle Parsons

    Listing agent Michelle Parsons License #37498

    Listing office KELLER WILLIAMS REALTY BAYOU P 6273 W Park Avenue, Houma, LA

    Listing date May 3, 2023

    MLS# 2023006965 Listing URL

    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.

    Overview

    Recreational Land in Theriot, LA

    This recreational property is located at 2555 Brady Road in Theriot, Louisiana, between 2553 and 2559 Brady Road. Situated in Terrebonne Parish, the property has a lot size of 1.2 acres and is intended for recreational use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Food Market Travel Agency Fish Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Theriot
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.8230159
    Latitude
    29.3597653

    Nearby Similar for Sale

    • $550,000
      3,607 SF

      Theriot Commercial Investment Opportunity

      Commercial building and adjacent property on high-traffic corner lot.
      1905 Bayou Dularge Rd, Theriot, LA 70397
      View Details
    • $99,000

      Land Ready For Development

      Two acre lot available for development in Theriot, Louisiana.
      1768 Doctor Beatrous Rd lot: Bw-6&7, Theriot, LA 70397
      View Details
    • $55,000

      Theriot Vacant Land Near Falgout

      Almost two acre lot ideal for hunting and fishing camp.
      105 CYPRIEN Drive, Theriot, LA 70397
      View Details
    • $68,000

      Waterfront Campsite in Fisherman's Paradise

      Waterfront lot near boat launch, ideal for recreational use.
      3317 Bayou Dularge Rd, Theriot, LA 70397
      View Details
    • $65,000

      Waterfront Land in Theriot, LA

      Waterfront lot with bayou access, ideal for recreation.
      1783 Bayou Dularge Rd, Theriot, LA 70397
      View Details
    • $80,000

      Bayou Side Recreation Land

      Spacious bayou-side tract for outdoor recreation and relaxation.
      1557 Doctor Beatrous Rd, Theriot, LA 70397
      View Details
    • $150,000

      Theriot, LA Bulk-Headed Lot

      Bulk-headed lot with covered boat shed in Theriot, LA.
      228 Renee Denise Court lot: 49, Theriot, LA 70397
      View Details
    • $279,900

      Theriot, LA Recreational Land

      Recreational land with camper hook-ups, RV shelter, and outdoor kitchen.
      1721 Dr. Beatrous Road, Theriot, LA 70397
      View Details
    • $32,000

      Residential Land in Theriot, LA

      Residential lot ready for construction in a sportsman's paradise.
      1628 Doctor Beatrous Road, Theriot, LA 70397
      View Details
    • $155,000

      Bayou Dularge Recreational Land Opportunity

      26+ acres with RV hookups and income potential on Bayou.
      1531 Bayou Dularge Road, Theriot, LA 70397
      View Details
    • $75,000

      Bayouside Vacant Lot For Sale

      Waterfront lot near Bayou Dularge Marina, ideal for recreation.
      1723 A Dr. Beatrous Road, Theriot, LA 70397
      View Details
    • $15,000

      Theriot, LA Land Parcel

      16 acre land parcel accessible by boat near Bayou Dularge.
      Bayou Dularge Rd, Theriot, LA 70397
      View Details

    FAQs

    What type of property is this?
    Recreation land - Recreational property on Brady Road, Theriot, Terrebonne Parish, Louisiana.
    Where is this recreation land located?
    The property is located at 2555 Brady Rd Theriot, LA.
    What is the asking price?
    The asking price for this property is $42,000.
    What are key features of this property?
    This property features: Waterfront property offering a unique recreational opportunity.; Located at 2555 Brady Road.; Situated between 2553 & 2559 Brady Road.
    (985) 226-3337
    We can help!
    Listing Contact
    Michelle Parsons
    Michelle Parsons
    Real Estate License ID: 37498
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!