Mixed-Use Property with
For Sale
$300,000
1500 Grand Caillou Road, Houma, LA 70363
Commercial Sale, Houma, LA
Property Size3,361 SF
Lot Size1.93 Acres
Price / SF$89.26
Days on Market634
Property Features for 1500 Grand Caillou Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Covered
Directions
At intersection of Grand Caillou Road & Moffet Road.
Standard status
Active
APN
25895
Size
3,361 SF
Lot size
1.93 Acres
Additional Details
Property Use
Warehouse
Taxes and HOA fees
Tax Description
A tract containing 1.925 acres having a front of 194.80 on LA Highway 57 (Grand Caillou Road) as shown on plat plan for Cherokee Contractors, Inc. DBA Curt's Inland Marina located in Section 105, T17-S-R17E. CB 1844/643
Tax Annual Amount
2736
Legal Description
A tract containing 1.925 acres having a front of 194.80 on LA Highway 57 (Grand Caillou Road) as shown on plat plan for Cherokee Contractors, Inc. DBA Curt's Inland Marina located in Section 105, T17-S-R17E. CB 1844/643
Utilities
Utilities
Natural Gas Available
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
Listed By:
Michelle J Parsons · License #18238
(985) 262-4400
Added: Jan 27, 2025
Changed: Oct 23
Last Checked: Oct 23 at 8:06PM
MLS# 2025001771
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property combines a 2,410-square-foot warehouse and office area with a 951-square-foot rear office/apartment. The main building includes a kitchen area and three roll-up doors; the rear space has a kitchen and full bathroom. An additional 1,495 square feet of covered storage is on site. The improvements feature metal siding, a metal roof, central heating and air conditioning, and covered parking.
The 1.925-acre site has 194.80 feet of frontage on LA Highway 57, also known as Grand Caillou Road, at the intersection with Moffet Road. Parking and truck loading and unloading areas are provided. Public water and private sewer serve the property, and natural gas is available. The property is offered in as-is condition.
The 1.925-acre site has 194.80 feet of frontage on LA Highway 57, also known as Grand Caillou Road, at the intersection with Moffet Road. Parking and truck loading and unloading areas are provided. Public water and private sewer serve the property, and natural gas is available. The property is offered in as-is condition.
Key Highlights
- 2,410‑square‑foot warehouse and office area with three roll‑up doors
- Rear 951‑square‑foot office/apartment with kitchen and full bathroom
- Additional 1,495 square feet of covered storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,243
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,860
$524.9K
Cap Rate 7%
$374,900
$374.9K
Cap Rate 9%
$291,589
$291.6K
Market Conditions
NOI Build-Up for 3,361 SF
Gross rent
$31.9K $9.48/SF
− Vacancy
−$988 −$0.29/SF
EGI
$30.9K $9.19/SF
− OpEx
−$4.6K −$1.38/SF
NOI
$26.2K $7.81/SF
Area
Terrebonne County, LA
Vacancy
3.10%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,860
Cap Rate 7%
$374,900
Cap Rate 9%
$291,589
Alternative Uses
Best Use
Warehouse
$374.9K
$328.0K – $437.4K
NOI $26,243 @ 7.0% cap · market cap 8.75%
Second Best
Mixed Use
$331.3K
$289.9K – $386.5K
NOI $23,191 @ 7.0% cap · market cap 7.73%
Theoretical Best
Office A
$926.5K
$810.7K – $1.08M
NOI $64,854 @ 7.0% cap · market cap 21.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A warehouse-office layout includes a storefront, kitchen areas, and a rear apartment with a full bathroom.
Where is this mixed-use property located?
The property is located at 1500 Grand Caillou Road Houma, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,410‑square‑foot warehouse and office area with three roll‑up doors; Rear 951‑square‑foot office/apartment with kitchen and full bathroom; Additional 1,495 square feet of covered storage
