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

    272 E 74th Street lot 9 Cut Off, LA 70345

    View on Map
    For Sale
    Contact for pricing

    LAND - Cut Off, LA

    Lot size:
    0.27 Acres
    Added:
    Mar 13, 2024
    Days on Market:
    752
    Last Refresh:
    Apr 3 at 9:06 pm

    Property Features for 272 E 74th Street lot 9

    General Information

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

    Taxes and HOA fees

    Tax Description
    LOT 9, BLOCK 4,WILLOWDALE SD

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Kent Charpentier
    Kent Charpentier

    Listing agent Kent Charpentier License #37498

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

    Listing date Mar 13, 2024

    MLS# 2024004355 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

    Residential Lot in Willowdale Subdivision

    This residential lot is located at 272 East 74th Street, lot 9, in the Willowdale Subdivision in Cut Off, Louisiana. The property, with a lot size of 0.27 acres, is ready for new owners following the removal of a previous house. The lot benefits from existing culverts, a sewage treatment plant, and gas service, along with all utilities, providing a foundation for building a new home. Situated in an established subdivision, the property is conveniently located close to schools, shopping, and restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Big Box & Wholesale Store Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Cut Off
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.314387
    Latitude
    29.483991

    Nearby Similar for Sale

    • $180,000
      1,500 SF

      Cut Off Stand-Alone Office

      1,500 sq ft office with expansion potential.
      360 Highway 3161, Cut Off, LA 70345
      View Details
    • $135,000
      2,138 SF

      Remodeled Commercial Building on Highway

      Remodeled commercial building with high traffic volume and flexible space.
      245 Highway 3161, Cut Off, LA 70345
      View Details
    • $200,000
      1,500 SF

      Stand-Alone Office on Cote Blanche

      1,500 sq ft office with expansion potential.
      360 Highway 3161, Cut Off, LA 70345
      View Details
    • $354,000

      Large Acreage on Highway 3235

      30+ acre tract with highway frontage in Cut Off, LA.
      Hwy 3235 W Side, Cut Off, LA 70345
      View Details
    • $60,000

      Residential Land in Cut Off

      Residential land with 11 lots in Cut Off, Louisiana.
      E 73rd Place lot: 1 - 11, Cut Off, LA 70345
      View Details
    • $45,000
      728 SF

      Highway 1 Commercial Property

      Commercial property suitable for office, salon, or retail storefront.
      14673 West Main Street, Cut Off, LA 70345
      View Details
    • $244,000
      2,178 SF

      Cut Off Triplex For Sale

      Recently renovated triplex in Cut Off, Louisiana, fully occupied.
      192 W 64th Street, Cut Off, LA 70345
      View Details
    • $900
      875 SF

      Remodeled Office Building For Sale

      Move-in ready office building with remodeled interior and flexible layout.
      105 Picciola Parkway, Cut Off, LA 70345
      View Details
    • $200,000
      1,837 SF

      Cut Off Office Building

      Office building located directly off Hwy 3235 in Cut Off.
      14499 Hwy 3235 Cut Off, Cut Off, LA 70345
      View Details
    • $375,000
      6,712 SF

      Cut Off Retail Opportunity

      6,712 SF retail building on 1.48 acres.
      14036 West Main Street, Cut Off, LA, US, Cut Off, LA 70345
      View Details
    • $162,500

      38.63 Acres in Cut Off

      Unrestricted land suitable for residential or commercial development.
      Tr. B & C Highway 3235 E lot: Tract B, Tract C, Cut Off, LA 70345
      View Details
    • $45,000
      728 SF

      Cut Off Commercial Property

      Commercial property on Highway 1, perfect for office or retail.
      14673 W Main Street, Cut Off, LA 70345
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot ready for new construction in established neighborhood.
    Where is this residential land & home lot located?
    The property is located at 272 E 74th Street lot 9 Cut Off, LA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Ready‑to‑build lot after house removal.; Located in the established Willowdale Subdivision.; Utilities available, including electricity and gas service.
    (985) 258-8948
    We can help!
    Listing Contact
    Kent Charpentier
    Kent Charpentier
    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!