Medical Office with Exam
For Sale
$829,999
181 CORPORATE DRIVE, Houma, LA 70360
Commercial Sale, Houma, LA
Property Size4,422 SF
Lot Size0.27 Acres
Price / SF$187.70
Days on Market207
Property Features for 181 CORPORATE DRIVE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Parking features
Parking Lot
Security features
Security System
Standard status
Active
APN
53923
Size
4,422 SF
Lot size
0.27 Acres
Additional Details
Property Use
Medical Office
Condition
Turnkey
Taxes and HOA fees
Tax Description
Lot 17 Block 1 Corporate Acres Subdivision
Tax Annual Amount
8432
Legal Description
Lot 17 Block 1 Corporate Acres Subdivision
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2006
Building materials
Brick, Log
Roof type
Composition
Listing Agency:
SAVIOR PROPERTY MANAGEMENT, LLC
(985) 868-3031
Listed By:
Delani Zavacky · License #995716159
(985) 601-3136
Added: Apr 2
Changed: Oct 23
Last Checked: Oct 25 at 12:06PM
MLS# 2026005913
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.
Configured for medical office use, this 4,422-square-foot property includes two exam rooms, a procedure room, a nurse’s room, and a counseling room. The interior also contains a dedicated photo room, an expansive doctor’s office, and a private executive assistant office. Administrative spaces include scheduling, insurance billing, file storage, and work and copy areas, with a separate computer and server room supporting building operations. Three restrooms, a break room, a utility room, and a mechanical room complete the layout.
Built in 2006, the 0.27-acre property has brick and log construction, central heating and air conditioning, a composition roof, and a parking lot. Natural gas is available, with public water and sewer service. C2 zoning applies.
Built in 2006, the 0.27-acre property has brick and log construction, central heating and air conditioning, a composition roof, and a parking lot. Natural gas is available, with public water and sewer service. C2 zoning applies.
Key Highlights
- 4,422 square feet on a 0.27‑acre lot
- Two exam rooms, procedure room, nurse’s room, and counseling room
- Scheduling, insurance billing, file storage, and work/copy spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,308
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,160
$1.4M
Cap Rate 7%
$990,114
$990.1K
Cap Rate 9%
$770,089
$770.1K
Market Conditions
NOI Build-Up for 4,422 SF
Gross rent
$119.4K $27.00/SF
− Vacancy
−$27.0K −$6.10/SF
EGI
$92.4K $20.90/SF
− OpEx
−$23.1K −$5.22/SF
NOI
$69.3K $15.67/SF
Area
Terrebonne County, LA
Vacancy
22.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,386,160
Cap Rate 7%
$990,114
Cap Rate 9%
$770,089
Alternative Uses
Best Use
Office B
$990.1K
$866.4K – $1.16M
NOI $69,308 @ 7.0% cap · market cap 8.35%
Second Best
Healthcare Medical
$883.5K
$773.1K – $1.03M
NOI $61,846 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,327 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Well-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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Walther Animal Clinic — 1205 St Charles St, Houma, LA 70360
- Dr. Cathay Lawson — 1205 St Charles St, Houma, LA 70360
- Dana Romano - Marcello Veterinary Hospital Houma — 323 Corporate Dr, Houma, LA 70360
- Kevin Showalter - Marcello Veterinary Hospital Houma — 323 Corporate Dr, Houma, LA 70360
- Marcello Veterinary Hospital: William Marcello, DVM — 323 corporate dr, houma, la 70360
Frequently Asked Questions
What type of property is this?
Medical Office Space - A dedicated administrative and clinical layout includes private offices, procedure space, and patient consultation areas.
Where is this medical office space located?
The property is located at 181 CORPORATE DRIVE Houma, LA.
What is the asking price?
The asking price for this property is $829,999.
What are key features of this property?
This property features: 4,422 square feet on a 0.27‑acre lot; Two exam rooms, procedure room, nurse’s room, and counseling room; Scheduling, insurance billing, file storage, and work/copy spaces
