Houma Warehouse with Additional
9888 E Main St Houma, LA 70363
For Sale
$149,000
COMMERCIAL - Houma, LA
Property Size2,018 SF
Lot Size0.01 Acres
Price / SF$73.84
Days on Market1259
Property Features for 9888 E Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
2,018 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Description
Bldg on property leased from the Houma Terrebonne Airport Commission Acct A03C-42167 Lease# DE-2-99
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Const
Roof type
Metal
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
(985) 262-4400
Listed By:
Michelle Parsons · License #37498
(985) 226-3337
Added: Feb 17, 2023
Changed: May 14
Last Checked: Jul 30 at 10:06AM
MLS# 2023002627
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.
This property features a warehouse and an additional building, situated on leased land managed by the Houma Terrebonne Airport Commission. The sale of the buildings is subject to approval by the commission. The warehouse includes one overhead door and two walk-in doors. The property also includes a 1465 square foot building. Recent upgrades to the warehouse include new metal siding and a new roof. The second building has a new roof, but requires further renovations including AC installation, flooring, painting, mold remediation, and trim work. The total property size is 2018 square feet, situated on a 0.01-acre lot.
Key Highlights
- Warehouse with new metal exterior and roof.
- Includes a separate 1465 sq ft building.
- One overhead door and two walk‑in doors in the warehouse.
Financial Insights For Industrial
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 | $19.1k | $9.48 |
| − Vacancy | −$593 | −$0.29 |
| EGI | $18.5k | $9.19 |
| − OpEx | −$5.6k | −$2.76 |
| NOI | $13.0k | $6.43 |
2,018 SF · lease $9.48/SF/yr · vacancy 3.10% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$225.1K
$197.0K – $262.6K
NOI $15,757 @ 7.0% cap · market cap 10.58%
Second Best
Industrial
$185.4K
$162.2K – $216.3K
NOI $12,976 @ 7.0% cap · market cap 8.71%
Theoretical Best
Office A
$556.3K
$486.7K – $649.0K
NOI $38,939 @ 7.0% cap · market cap 26.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Tarpon Marine — 855 Blimp Rd, Houma, LA 70363
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse with additional building on leased land near airport.
Where is this warehouse located?
The property is located at 9888 E Main St Houma, LA.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Warehouse with **new metal exterior and roof**.; Includes a separate 1465 sq ft building.; One overhead door and two walk‑in doors in the warehouse.
