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    1915 Bayou Blue Rd Houma, LA 70364

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    For Sale
    $515,000

    High-performing retail store with upgraded interior and grocery section.

    Property size:
    8,125 SF
    Lot size:
    0.83 Acres

    Property Features for 1915 Bayou Blue Rd

    General Information

    Size
    8,125 SF
    Lot size
    0.83 Acres

    Source: Antonoff & Co. Brokerage Inc. Agent Jeffrey Hirschfeld

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Retail Store for Sale

    This retail property boasts a 9.44% cap rate and above-average sales performance. The location is a top performer within its district or region, ranking in the top 5% of all stores. The interior was recently upgraded to include a grocery section with new cooler doors. The store exceeded the national sales average during Covid and the 2021 hurricane. The property size is 8125 square feet. The property is located in Houma, Louisiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Western Union Money Transfer Service

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store Department Store Food Market

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

    Similar Places Nearby

    Marcel's Super Market

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.6867558
    Latitude
    29.6442253

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    FAQs

    What type of property is this?
    Grocery and convenience store - High-performing retail store with upgraded interior and grocery section.
    Where is this grocery and convenience store located?
    The property is located at 1915 Bayou Blue Rd Houma, LA.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - 9.44% cap rate; - Performance in the top 5% of all stores in the district/region; - Above average sales performance
    (303) 454-5425
    Request Owner's contact information
    1915 Bayou Blue Rd Houma, LA 70364
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    Houma, LA 70364
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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
    1915 Bayou Blue Rd Houma, LA 70364
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