Retail Space with
1236 grand caillou road, Houma, LA 70363
For Sale
$600,000
C-2 zoning, covered patio, drive-through window, and surface parking support daily retail operations.
Property Size2,960 SF
Lot Size0.78 Acres
Price / SF$202.70
Days on Market609
Property Features for 1236 grand caillou road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Lease Type
Additional Details
Asking Price
Drive-Thru
Amenities
covered outdoor patio area
walk-in cooler and freezer
Water
Sewer
Listing Agency:
Max J Derbes Inc
Listed By:
Jack Quinn
(504) 210-1349
Source:
Lacdb.resimplifi
Added: Mar 12, 2025
Changed: Nov 9
Last Checked: Nov 8 at 2:15AM
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 Max J Derbes Inc
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Investment Insights
Based on property information with market context.
This retail property contains approximately 2,960 square feet within a 0.78-acre site. The improvements include a drive-through window, walk-in cooler, walk-in freezer, and a small covered outdoor patio. A surface parking lot provides approximately 50 spaces for customers and staff.
The property is located at 1236 Grand Caillou Road in Houma, Louisiana. C-2 zoning is identified for the site, adding a clear land-use designation to the existing retail improvements.
The property is located at 1236 Grand Caillou Road in Houma, Louisiana. C-2 zoning is identified for the site, adding a clear land-use designation to the existing retail improvements.
Key Highlights
- Approximately 2,960 square feet of retail space
- 0.78‑acre land area
- Drive‑through window and small covered outdoor patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,494
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,880
$569.9K
Cap Rate 7%
$407,057
$407.1K
Cap Rate 9%
$316,600
$316.6K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$42.6K $14.40/SF
− Vacancy
−$1.9K −$0.65/SF
EGI
$40.7K $13.75/SF
− OpEx
−$12.2K −$4.13/SF
NOI
$28.5K $9.63/SF
Area
Terrebonne County, LA
Vacancy
4.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,880
Cap Rate 7%
$407,057
Cap Rate 9%
$316,600
Alternative Uses
Best Use
Retail
$407.1K
$356.2K – $474.9K
NOI $28,494 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$815.9K
$714.0K – $951.9K
NOI $57,116 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 7%
Home Improvements & Furnishings 2%
Ollie's Bargain Outlet
Shops & Services
17,357 visits/mo
0.1 miles
Dollar Tree
Shops & Services
15,743 visits/mo
0.5 miles
Dollar General
Shops & Services
4,397 visits/mo
0.2 miles
Pizza Hut
Dining
2,970 visits/mo
0.2 miles
Affordable Home Furnishings
Home Improvements & Furnishings
792 visits/mo
0.4 miles
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
$143,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Houma, LA
Properties on Market for Retail space in Houma
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-2 zoning, covered patio, drive-through window, and surface parking support daily retail operations.
Where is this retail space located?
The property is located at 1236 grand caillou road Houma, LA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 2,960 square feet of retail space; 0.78‑acre land area; Drive‑through window and small covered outdoor patio
