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Waterfront Commercial Building in Houma

1711 Dunn St Houma, LA 70360

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For Sale
$950,000

Well-kept commercial building with waterfront access and ample parking.

Type:Commercial/Industrial
Property size:
12,557 SF
Lot size:
1.21 Acres
Price / SF:
$75.66/SF
Added:
Jan 7, 2025
Days on Market:
553
Last Refresh:
Apr 5 at 10:10 pm

Property Features for 1711 Dunn St

General Information

Standard status
Active
Size
12,557 SF
Lot size
1.21 Acres
Property subtype
Commercial/Industrial

Listing office Good Earth Realty, Inc.

Listing date Jan 7, 2025

Source Exitrealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Good Earth Realty, Inc.


Investment Insights

Based on property information with market context.

This well-maintained commercial building is located on the west side of Houma, Louisiana, and features over 250 feet of navigable waterfront on the Intercoastal Canal. The property includes 21+ parking spots, with space to add more. A natural gas generator services the building. The heated and cooled area encompasses 24 offices, 2 conference rooms, a training room, a reception area, a kitchen, restrooms (4 downstairs and 3 upstairs), and an IT room. The warehouse/storage/work area measures approximately 5020 square feet and features 5 overhead doors and a large walk-in cooler (not currently in use). Eave heights range from 14 to 22 feet. The property also includes approximately 13000 square feet of concrete and 4500 square feet of limestone, along with a boat launch and rip rap bulkhead with mooring pile clusters. The property is suited for a service industry, crew change location, tug boats or boats, supplies, maritime work, and repairs. The building's total size is 12,557 square feet.

Key Highlights

  • 250 ft of navigable waterfront on the Intercoastal Canal.
  • Commercial building featuring 24 offices, 2 conference rooms, training room, reception area, kitchen, restrooms, and IT room.
  • 5020 SF warehouse/storage/work area with 5 overhead doors and 14‑22 ft eave heights.

Local 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 $119.0k $9.48
− Vacancy −$3.7k −$0.29
EGI $115.4k $9.19
− OpEx −$34.6k −$2.76
NOI $80.7k $6.43
12,557 SF · lease $9.48/SF/yr · vacancy 3.10% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.81M
$2.46M – $3.28M (±1% cap)
NOI $196,812 @ 7.0% cap · market cap 20.72%
Second Best
Flex RnD
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,183 @ 7.0% cap · market cap 12.12%
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M (±1% cap)
NOI $242,300 @ 7.0% cap · market cap 25.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Travel Agency Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Flex space - Well-kept commercial building with waterfront access and ample parking.
Where is this flex space located?
The property is located at 1711 Dunn St Houma, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 250 ft of navigable waterfront on the Intercoastal Canal.; Commercial building featuring 24 offices, 2 conference rooms, training room, reception area, kitchen, restrooms, and IT room.; **5020 SF warehouse/storage/work area with 5 overhead doors** and 14‑22 ft eave heights.
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