Waterfront Flex
For Sale
$950,000
1711 Dunn St, Houma, LA 70360
Commercial Sale, Houma, LA
Property Size12,557 SF
Lot Size1.21 Acres
Price / SF$75.66
Days on Market652
Property Features for 1711 Dunn St
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 5, Bathroom 6, Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 7
Parking
20
Security features
Security System
Subdivision
Honduras Add
Directions
End of Dunn Street on left hand side.
Standard status
Active
Size
12,557 SF
Lot size
1.21 Acres
Taxes and HOA fees
Tax Description
Lots 1, 2, 3, & 4 Block 39 Honduras Addition. Also Railroad Right of Way adjoining Said Lots
Legal Description
Lots 1, 2, 3, & 4 Block 39 Honduras Addition. Also Railroad Right of Way adjoining Said Lots
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
Natural Gas Generator
Boat Launch
Rip Rap Bulkhead with Mooring Pile Clusters
Building Details
Floors in Building
2
Flooring type
Tile, Concrete
Building materials
Metal Const
Roof type
Metal
Listing Agency:
Good Earth Realty, Inc. · RE/MAX International
(985) 851-3999
Listed By:
Shirin Nail/ Cynthia Pellegrin · License #467517117
(985) 637-2255
Added: Jan 2, 2025
Changed: Sep 14
Last Checked: Oct 16 at 11:06AM
MLS# 2025000054
Copyright © 2026 Bayou Board of Realtors. 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.
This 12,557-square-foot metal flex property combines a heated and cooled office component with warehouse, storage, and work areas. The building includes 24 offices, two conference rooms, a training room, reception area, kitchen, IT room, and seven restrooms. Five overhead doors serve the approximately 5,020 SF warehouse and work area, which has eave heights ranging from 14 to 22 FT+/- and includes a walk-in cooler that is not currently in use.
The site provides approximately 250+/- FT of navigable waterfront along the Intercoastal Canal, a boat launch, rip rap bulkhead, and mooring pile clusters. Site improvements include approximately 13,000+/- SF of concrete and 4,500 SF+/- of limestone, along with 21+ parking spots and room for additional parking. A natural gas generator services the building. Public water and public sewer are available, with natural gas service, central heating, and central air conditioning.
The site provides approximately 250+/- FT of navigable waterfront along the Intercoastal Canal, a boat launch, rip rap bulkhead, and mooring pile clusters. Site improvements include approximately 13,000+/- SF of concrete and 4,500 SF+/- of limestone, along with 21+ parking spots and room for additional parking. A natural gas generator services the building. Public water and public sewer are available, with natural gas service, central heating, and central air conditioning.
Key Highlights
- 12,557 SF commercial flex property on 1.214 acres
- Approximately 250+/- FT of navigable waterfront on the Intercoastal Canal
- 24 offices, 2 conference rooms, training room, reception area, kitchen, and IT room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,745
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,614,900
$1.6M
Cap Rate 7%
$1,153,500
$1.2M
Cap Rate 9%
$897,167
$897.2K
Market Conditions
NOI Build-Up for 12,557 SF
Gross rent
$119.0K $9.48/SF
− Vacancy
−$3.7K −$0.29/SF
EGI
$115.4K $9.19/SF
− OpEx
−$34.6K −$2.76/SF
NOI
$80.7K $6.43/SF
Area
Terrebonne County, LA
Vacancy
3.10%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,614,900
Cap Rate 7%
$1,153,500
Cap Rate 9%
$897,167
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.28M
NOI $196,812 @ 7.0% cap · market cap 20.72%
Second Best
Flex RnD
$1.65M
$1.44M – $1.92M
NOI $115,183 @ 7.0% cap · market cap 12.12%
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,300 @ 7.0% cap · market cap 25.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
24
Office units
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70360, LA
28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal commercial building combining office, warehouse, storage, and work areas with direct canal access.
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: 12,557 SF commercial flex property on 1.214 acres; Approximately 250+/- FT of navigable waterfront on the Intercoastal Canal; 24 offices, 2 conference rooms, training room, reception area, kitchen, and IT room
