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    5801 W Park Ave Houma, LA 70364

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    For Lease
    $6,995,000

    Newly renovated retail center space available for lease.

    Property size:
    1,216 SF
    Lot size:
    4.74 Acres

    Property Features for 5801 W Park Ave

    General Information

    Size
    1,216 SF
    Lot size
    4.74 Acres

    Source: Beau Box Commercial Real Estate New Orleans Agent Jordan Johnson

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

    Overview

    Renovated Retail Center For Rent

    This newly renovated retail center is located at the corner of MLK Boulevard and W Park Avenue, across from Southland Mall, Rouses Market, and Sam's. The available space, suitable for either office or retail use, is in white shell condition and features new flooring and lighting throughout. The property offers 1216 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    OneMain Financial Loan Agency Check Cashers Inc Check Cashing Service Furniture Mart Furniture Store C & M Music ... Music Store CoinFlip Bitcoin ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Southland Mall, Coinstar Kiosk | Bitcoin ATM, Hi-5, Pirate's Bayou Blacklight Mini Golf, Dior Fragrances & Cosmetics

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.7590058
    Latitude
    29.6375754

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    FAQs

    What type of property is this?
    Shopping center - Newly renovated retail center space available for lease.
    Where is this shopping center located?
    The property is located at 5801 W Park Ave Houma, LA.
    What are key features of this property?
    This property features: - Newly renovated retail center.; - Located across from Southland Mall, Rouses Market, and Sam's.; - Second floor office or retail suite available.
    (504) 265-2000
    Request Owner's contact information
    5801 W Park Ave 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
    5801 W Park Ave Houma, LA 70364
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