Self-Storage and Bar
126 N Hollywood Rd Houma, LA 70360
126 N Hollywood Rd, Houma, LA, 70360
$949,000
For Sale
$949,000
Portfolio includes multiple self-storage buildings plus a brick bar/lounge, all within a C-2 General Commercial zoning district.
Property Size8,538 SF
Price / SF$111.15
Days on Market85
Property Features for 126 N Hollywood Rd
General Information
- Standard status
- Active
- Size
- 8,538 SF
Listing agency
KELLER WILLIAMS REALTY BAYOU P
(985) 804-9991
Listed by
Hank Babin · License #57860
(985) 804-9991
Source
Exprealty
Added: Apr 28 Updated: Jul 21 at 12:57PM Checked: Jul 21 at 12:57PM
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 KELLER WILLIAMS REALTY BAYOU P
Investment Insights
Based on property information with market context.
This for-sale portfolio includes three parcels totaling a mix of stabilized income and value-add potential, zoned C-2 General Commercial. The self-storage component features multiple cinder block and metal roof structures with unit mix across several building types, including an office/shop building and three additional storage buildings. Building configurations include 9 units (10' x 10', 10' x 15', and 6' x 12'), 40+ years cinder block storage with 19 units (including 20' x 20', 6' x 12', 10' x 25', and 10' x 20' dimensions), plus additional unit layouts in Buildings W and O totaling 45 units.
The offering also includes a bar/lounge structure with brick exterior and a metal roof. The bar/lounge is identified as 126 N. Hollywood with approximately 3,788 SF, and the remainder of the portfolio includes a vacant lot as part of the three-parcel assemblage. Financials and rent roll are available with an executed NDA.
The offering also includes a bar/lounge structure with brick exterior and a metal roof. The bar/lounge is identified as 126 N. Hollywood with approximately 3,788 SF, and the remainder of the portfolio includes a vacant lot as part of the three-parcel assemblage. Financials and rent roll are available with an executed NDA.
Key Highlights
- Three‑parcel portfolio in Houma, LA: 124, 126, and 126½ N. Hollywood Road, all zoned C‑2 General Commercial.
- Self‑storage facility includes multiple buildings and unit sizes, with 9 units in Building A plus 40+ years cinder‑block construction.
- Building A has approximately 4,750 SF office/shop: 1,000 SF office and 3,750 SF shop, plus cinder block construction and metal roof.
Local Financial Insights For Self Storage
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 | $112.7k | $13.20 |
| − Vacancy | −$8.5k | −$0.99 |
| EGI | $104.2k | $12.21 |
| − OpEx | −$31.3k | −$3.66 |
| NOI | $73.0k | $8.55 |
8,538 SF · lease $13.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$1.89M
$1.65M – $2.20M
NOI $132,091 @ 7.0% cap · market cap 13.92%
Second Best
Self Storage
$1.04M
$912.2K – $1.22M
NOI $72,974 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$2.35M
$2.06M – $2.75M
NOI $164,749 @ 7.0% cap · market cap 17.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Plan B
Nightclub
C & L Cigarette ...
Storage Facility
ATM
Atm
Kreo Kitchen
Nightclub
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Portfolio includes multiple self-storage buildings plus a brick bar/lounge, all within a C-2 General Commercial zoning district.
Where is this self storage facility located?
The property is located at 126 N Hollywood Rd Houma, LA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three‑parcel portfolio in Houma, LA: 124, 126, and 126½ N. Hollywood Road, all zoned C‑2 General Commercial.; Self‑storage facility includes multiple buildings and unit sizes, with 9 units in Building A plus 40+ years cinder‑block construction.; Building A has approximately 4,750 SF office/shop: 1,000 SF office and 3,750 SF shop, plus cinder block construction and metal roof.
