Waterfront Mixed-Use
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 Market659
Property Features for 1711 DUNN ST
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
20
Security features
Security System
Directions
End of Dunn Street on left hand side.
Standard status
Active
APN
24661
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
Tax Annual Amount
9850
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
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Amenities
24 Offices
2 Conference Rooms
Training Room
Reception area
Kitchen
Restrooms
IT room
Natural Gas Generator
boat launch
Rip Rap Bulkhead with Mooring Pile Clusters
Building Details
Year built
2000
Floors in Building
2
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Buildings
1
Listing Agency:
Good Earth Realty, Inc. · RE/MAX International
Listed By:
Cynthia Pellegrin · License #17927
(985) 851-3999
Added: Jan 2, 2025
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
MLS# 2025000054
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 12,557-square-foot mixed-use property on 1.214 acres combines office and warehouse space. The heated and cooled office area includes 24 offices, two conference rooms, a training room, reception area, kitchen, restrooms, and an IT room. The approximately 5,020-square-foot warehouse and work area has five overhead doors and eave heights of approximately 14 to 22 feet. A large walk-in cooler is also present. Building systems include central heating and air conditioning, with a natural gas generator serving the property.
The site fronts the navigable Intercoastal Canal on the west side of Houma, with approximately 250 feet of waterfront. Exterior improvements include a boat launch, riprap bulkhead with mooring pile clusters, approximately 13,000 square feet of concrete, and approximately 4,500 square feet of limestone. There are more than 21 parking spaces, with additional room for parking.
The site fronts the navigable Intercoastal Canal on the west side of Houma, with approximately 250 feet of waterfront. Exterior improvements include a boat launch, riprap bulkhead with mooring pile clusters, approximately 13,000 square feet of concrete, and approximately 4,500 square feet of limestone. There are more than 21 parking spaces, with additional room for parking.
Key Highlights
- Approximately 250+/- FT of navigable Intercoastal Canal waterfront
- 12,557 SF building on 1.214 acres
- 24 offices, two conference rooms, a training room, reception area, kitchen, restrooms, and IT room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,643
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,732,860
$1.7M
Cap Rate 7%
$1,237,757
$1.2M
Cap Rate 9%
$962,700
$962.7K
Market Conditions
NOI Build-Up for 12,557 SF
Gross rent
$150.7K $12.00/SF
− Vacancy
−$12.1K −$0.96/SF
EGI
$138.6K $11.04/SF
− OpEx
−$52.0K −$4.14/SF
NOI
$86.6K $6.90/SF
Area
Terrebonne County, LA
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,732,860
Cap Rate 7%
$1,237,757
Cap Rate 9%
$962,700
Alternative Uses
Best Use
Office B
$2.81M
$2.46M – $3.28M
NOI $196,812 @ 7.0% cap · market cap 20.72%
Second Best
Warehouse
$1.40M
$1.23M – $1.63M
NOI $98,048 @ 7.0% cap · market cap 10.32%
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
24
Office units
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, training, and warehouse areas are complemented by a boat launch and navigable canal frontage.
Where is this mixed-use property 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: Approximately 250+/- FT of navigable Intercoastal Canal waterfront; 12,557 SF building on 1.214 acres; 24 offices, two conference rooms, a training room, reception area, kitchen, restrooms, and IT room
