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    203 Canal Blvd Thibodaux, LA 70301

    For Sale
    $1,800,000

    High-traffic location, 85,440 sqft

    Property size:
    85,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 1.96-acre commercial property, located at 203 N Canal Boulevard in Thibodaux, Louisiana, presents a unique investment opportunity. Boasting 85,440 square feet and 236 feet of frontage on N Canal Boulevard, this site offers unparalleled visibility and accessibility. Its strategic position on Thibodaux's premier commercial corridor places it within close proximity to a thriving retail landscape, including national brands such as Rouses Supermarket, CVS, Domino's, Five Guys, Smoothie King, Chick-fil-A, McDonald's, TJ Maxx, and Planet Fitness, ensuring high foot traffic and brand recognition. The property's former use as a hotel provides a solid foundation for redevelopment or repurposing, with convenient access points from all three surrounding roads and highways. Its location is also highly advantageous, being approximately one mile from Nicholls State University and one mile from downtown Thibodaux, catering to a diverse customer base. This property offers significant potential for a variety of commercial ventures, capitalizing on its prime location and substantial size. The asking price is $1,800,000.

    Property Features for 203 Canal Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    85,440 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motel 6 Thibodaux ... Motel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Thibodaux
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.81663
    Latitude
    29.80079

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 85,440 sqft
    Where is this commercial real estate located?
    The property is located at 203 Canal Blvd Thibodaux, LA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    (228) 276-2700
    Request Owner's contact information
    203 Canal Blvd Thibodaux, LA 70301
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    Thibodaux, LA 70301
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    Realmo Value Estimation

    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.

    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.

    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
    203 Canal Blvd Thibodaux, LA 70301
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