Full-Service Marina With Boat
For Sale
$6,900,000
161 Marina Road, Port Sulphur, LA 70083
Waterfront marina with retail, dining, fuel, launch, dockage, storage, and canal access supporting multiple operating components.
Property Size23,164 SF
Days on Market193
Property Features for 161 Marina Road
General Information
Standard status
Active
Size
23,164 SF
Property subtype
Special Purpose
Building Details
Building Size
23,164 SF
Listing Agency:
SVN Safe Haven Advisors
Listed By:
David Kendall, CCIM
(561) 723-8463
Source:
Svn
Added: Apr 7
Changed: Oct 13
Last Checked: Oct 16 at 7:14AM
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 SVN Safe Haven Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This full-service marina includes a two-story building with a bait and retail shop on the ground floor and a restaurant and bar above. The operation also features 120 boat-storage units across three buildings, including two newer sheds, plus a double-wide automated launch, expanded concrete pads, fuel docks, and protected slips on Wilkinson Canal. An on-site duplex overlooks the marina basin, while the property includes more than 40 acres, platted residential lots, and highway-front land.
The property extends along Highway 23 with 1,500 feet of frontage and reported daily traffic exceeding 9,300 vehicles. It is four miles from the Venture Global Plaquemines LNG facility and provides direct water access to Wilkinson Canal, surrounding marshes, and the Gulf. Ownership includes more than eight miles of Wilkinson Canal reaching into the marsh.
Revenue-producing components include storage, slip rentals, fuel, bait and retail, launches, and industrial and residential leases along the canal. The property is fully permitted for fuel, seafood, alcohol, and gaming operations, with room for additional slips, boat sheds, retail, residential, or commercial uses.
The property extends along Highway 23 with 1,500 feet of frontage and reported daily traffic exceeding 9,300 vehicles. It is four miles from the Venture Global Plaquemines LNG facility and provides direct water access to Wilkinson Canal, surrounding marshes, and the Gulf. Ownership includes more than eight miles of Wilkinson Canal reaching into the marsh.
Revenue-producing components include storage, slip rentals, fuel, bait and retail, launches, and industrial and residential leases along the canal. The property is fully permitted for fuel, seafood, alcohol, and gaming operations, with room for additional slips, boat sheds, retail, residential, or commercial uses.
Key Highlights
- More than 40 acres with 1,500 feet of Highway 23 frontage
- 120 boat‑storage units across three buildings, including two newer sheds
- Two‑story marina building with bait and retail shop, restaurant, and bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$392,268
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,845,360
$7.8M
Cap Rate 7%
$5,603,829
$5.6M
Cap Rate 9%
$4,358,533
$4.4M
Market Conditions
NOI Build-Up for 23,164 SF
Gross rent
$533.7K $23.04/SF
− Vacancy
−$10.7K −$0.46/SF
EGI
$523.0K $22.58/SF
− OpEx
−$130.8K −$5.64/SF
NOI
$392.3K $16.93/SF
Area
Plaquemines County, LA
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,845,360
Cap Rate 7%
$5,603,829
Cap Rate 9%
$4,358,533
Alternative Uses
Best Use
Specialty Retail
$5.60M
$4.90M – $6.54M
NOI $392,268 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.11M
$5.35M – $7.13M
NOI $427,793 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 70083, LA
2,307
Population
877
Households
2.6
Avg Household Size
42
Median Age
10%
College-Educated
77%
High-School Grad
129.2 sq mi
ZIP Area
18
Density / Sq Mi
$66,250
Median Household Income
$45,147
Median Earnings
$89,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Marina - Waterfront marina with retail, dining, fuel, launch, dockage, storage, and canal access supporting multiple operating components.
Where is this marina located?
The property is located at 161 Marina Road Port Sulphur, LA.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: More than 40 acres with 1,500 feet of Highway 23 frontage; 120 boat‑storage units across three buildings, including two newer sheds; Two‑story marina building with bait and retail shop, restaurant, and bar
