Drive-Through Meat Market
730 Corporate Drive Houma, LA 70360
For Sale
$1,450,000
COMMERCIAL - Houma, LA
Property Size5,448 SF
Lot Size1.06 Acres
Price / SF$266.15
Days on Market530
Property Features for 730 Corporate Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Security features
- Security System
- Exterior features
- Door Sign, Pole Sign, Roof Sign
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 5,448 SF
- Lot size
- 1.06 Acres
Taxes and HOA fees
- Tax Description
- TRACT C-2-A7, 3040 COMMERCIAL PARK SUBD.
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Flooring type
- Concrete, Tile - Ceramic
- Building materials
- Brick, Metal Const
- Roof type
- Metal
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
(985) 262-4400
Listed By:
Melanie Rogers Bruce · License #37498
(985) 790-9205
Added: Feb 11, 2025
Changed: Jul 9
Last Checked: Jul 26 at 12:06AM
MLS# 2025002456
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.
Recently built 5,003 SF meat market/restaurant opened in 2018, situated on 1.059 acres at 730 Corporate Drive in Houma, Louisiana. The building includes 1,923 SF of shop/seating area, 2,017 SF of kitchen and prep areas, 445 SF of office space with a private restroom, and a 324 SF smoke room, plus additional space totaling 294 SF. A covered outdoor area of 1,852 SF is not included in the GBA.
Site improvements include 28,816 SF of concrete parking and drive-thru with 38 parking spaces. The property is described as located just off Martin Luther King Blvd within the retail corridor serving four parishes and the center of Terrebonne. Natural gas generator is included for business continuity.
Site improvements include 28,816 SF of concrete parking and drive-thru with 38 parking spaces. The property is described as located just off Martin Luther King Blvd within the retail corridor serving four parishes and the center of Terrebonne. Natural gas generator is included for business continuity.
Key Highlights
- Recently built (2018) 5,003 SF meat market/restaurant.
- Located on 1.059 acres just off Martin Luther King Blvd. in the retail corridor of Houma.
- Features 1,923 SF shop/seating area and 2,017 SF of kitchen/prep areas.
Financial Insights For Specialty Retail
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 | $117.7k | $21.60 |
| − Vacancy | −$5.3k | −$0.97 |
| EGI | $112.4k | $20.63 |
| − OpEx | −$28.1k | −$5.16 |
| NOI | $84.3k | $15.47 |
5,448 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,286 @ 7.0% cap · market cap 5.81%
Second Best
Industrial
$500.5K
$437.9K – $583.9K
NOI $35,032 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,125 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
What type of property is this?
Drive through restaurant - Recently built meat market/restaurant with drive-thru, covered outdoor area, and dedicated kitchen, prep, office, and smoke room spaces.
Where is this drive through restaurant located?
The property is located at 730 Corporate Drive Houma, LA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Recently built (2018) 5,003 SF meat market/restaurant.; Located on 1.059 acres just off Martin Luther King Blvd. in the retail corridor of Houma.; Features 1,923 SF shop/seating area and 2,017 SF of kitchen/prep areas.
