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Flex Space with Office and Yard
For Lease
$20,000/Mo

1005 SAADI STREET, Houma, LA 70363

Commercial Lease, Houma, LA

Space SizeContact for details
Lot Size3.50 Acres
Days on Market70

Property Features for 1005 SAADI STREET

General Information

Property type Commercial Lease
Property subtype Other
Zoning Industrial 1
Parking features Parking Lot
Directions East Tunnel Blvd, to Beatrice St, to Acadian Dr, left on Saadi St.
Standard status Active
APN 19647
Size 13,615 SF
Lot size 3.50 Acres

Taxes and HOA fees

Tax Description FOR LEASE
Tax Annual Amount 4546
Legal Description FOR LEASE

Utilities

Utilities Natural Gas Available
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1996
Building materials Metal Siding
Roof type Metal
Listing Agency: Good Earth Realty, Inc. · RE/MAX International
Listed By: Cynthia Pellegrin · License #17927
Added: Aug 25 Changed: Oct 31 Last Checked: Nov 2 at 10:06PM
MLS# 2026015847

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 13,615-square-foot flex property combines warehouse and work areas with office space. The main building contains seven offices and a recently remodeled office area, while ten additional offices sit off the warehouse. A large former training area offers conference-room configuration. Built in 1996, the property has metal siding and a metal roof, central air, electric and central heating, and a parking lot.

The 3.5-acre site provides yard space, with portions stabilized, and approximately 500 feet along the Intracoastal and Saadi Street. Direct access to the Intracoastal is available near the Navigational Canal, and the property is bulkheaded for large vessels. Industrial 1 zoning applies. Natural gas is available, and the property has public water.

Key Highlights

  • 13,615 square feet of flex space on 3.5 acres
  • Seven offices in the main building and ten additional offices off the warehouse
  • Approximately 500 feet along the Intracoastal and Saadi Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70363, LA

25,319
Population
10,449
Households
2.4
Avg Household Size
36
Median Age
8%
College-Educated
75%
High-School Grad
78.4 sq mi
ZIP Area
323
Density / Sq Mi
$44,828
Median Household Income
$33,176
Median Earnings
$1,054
Median Rent
$143,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Houma, LA

$9.6 /SF/Yr
Avg Asking Price
$5.56–$17.63 /SF/Yr
Price Range
12,914 SF
Avg Space Size

This space is priced 84% above the average of $9.6 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Remodeled office areas, warehouse workspace, and yard space support a range of industrial operations.
Where is this flex space located?
The property is located at 1005 SAADI STREET Houma, LA.
What is the lease rate?
The lease rate is $20,000/Mo.
What are key features of this property?
This property features: 13,615 square feet of flex space on 3.5 acres; Seven offices in the main building and ten additional offices off the warehouse; Approximately 500 feet along the Intracoastal and Saadi Street
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