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Retail Property with High Cap Rate
For Sale
Contact for pricing
Pending

1915 Bayou Blue Rd, Houma, LA 70364

Retail property for sale with a 9.44% cap rate.

Property Size8,125 SF
Days on Market989

Property Features for 1915 Bayou Blue Rd

General Information

Standard status Pending
Size 8,125 SF
Class B
Property subtype Retail

Building Details

Year Built 2003
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Antonoff & Co
Listed By: Jeffrey Hirschfeld · License #CO ER.001314346
Source: Crexi
Added: Dec 8, 2023 Changed: Aug 13 Last Checked: Aug 22 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 Antonoff & Co

Investment Insights

Based on property information with market context.

This retail property, comprising 8,125 square feet, is available for sale. The property has a 9.44% cap rate. According to the public remarks, this location's sales performance ranks in the top 5% within its district or region. Contact the broker for more information.

Key Highlights

  • High Cap Rate: 9.44% indicates strong potential return on investment.
  • Top Performance: Location ranks in the top 5% of stores in the district/region.
  • Above Average Sales: Suggests a successful and profitable business.

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store HVAC Service Pharmacy Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Circle K Shops & Services
16,069 visits/mo 0.0 miles
Chevron Shops & Services
9,769 visits/mo 0.1 miles
Dollar General Shops & Services
5,289 visits/mo 0.1 miles

Demographics for 70364, LA

29,559
Population
12,423
Households
2.4
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
42.2 sq mi
ZIP Area
700
Density / Sq Mi
$68,909
Median Household Income
$36,164
Median Earnings
$1,004
Median Rent
$195,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Marcel's Super Market 2013 LA-182, Houma, LA 70364

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail property for sale with a 9.44% cap rate.
Where is this grocery and convenience store located?
The property is located at 1915 Bayou Blue Rd Houma, LA.
What is the asking price?
The asking price for this property is $636,240.
What are key features of this property?
This property features: High Cap Rate: 9.44% indicates strong potential return on investment.; Top Performance: Location ranks in the top 5% of stores in the district/region.; Above Average Sales: Suggests a successful and profitable business.
(303) 623-0200 Call to check price and availability
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