Office Warehouse on Corner
For Sale
$800,000
2156 Denley Rd, Houma, LA 70363
Two-story office/warehouse with laydown yard and covered storage.
Property Size10,639 SF
Price / SF$75.20
Days on Market205
Property Features for 2156 Denley Rd
General Information
Standard status
Active
Size
10,639 SF
Property subtype
Industrial
Building Details
Building Size
10,639 SF
Listing Agency:
Elifin Realty
Listed By:
Caden LeBlanc · License #SALE.995716536-ACT
(337) 446-3536
Source:
Elifinrealty
Added: Mar 26
Changed: Oct 14
Last Checked: Oct 14 at 10:08PM
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 Elifin Realty
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Investment Insights
Based on property information with market context.
The property at 2156 Denley Rd, Houma, LA 70363, is a two-story office/warehouse with a total area of approximately 10,639 square feet. Situated on a corner lot, the property features unrestricted zoning. It includes a large laydown yard, covered storage space, and four grade-level doors, offering flexibility for various uses. The office portion of the building contains multiple suites and conference rooms, making it suitable for businesses that require both office and warehouse functionalities.
Key Highlights
- ±10,639 SF two‑story office/warehouse
- Unrestricted zoning
- Large laydown yard available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,412
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,368,240
$1.4M
Cap Rate 7%
$977,314
$977.3K
Cap Rate 9%
$760,133
$760.1K
Market Conditions
NOI Build-Up for 10,639 SF
Gross rent
$100.9K $9.48/SF
− Vacancy
−$3.1K −$0.29/SF
EGI
$97.7K $9.19/SF
− OpEx
−$29.3K −$2.76/SF
NOI
$68.4K $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%
$1,368,240
Cap Rate 7%
$977,314
Cap Rate 9%
$760,133
Alternative Uses
Best Use
Flex RnD
$1.39M
$1.22M – $1.63M
NOI $97,589 @ 7.0% cap · market cap 12.20%
Second Best
Industrial
$977.3K
$855.2K – $1.14M
NOI $68,412 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$2.93M
$2.57M – $3.42M
NOI $205,290 @ 7.0% cap · market cap 25.66%
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
169
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70363, LA
25,319
Population
10,449
Households
2.4
Avg Household Size
36
Median Age
8%
College-Educated
75%
High-School Grad
78.4 sq mi
ZIP Area
323
Density / Sq Mi
$44,828
Median Household Income
$33,176
Median Earnings
$1,054
Median Rent
$143,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-story office/warehouse with laydown yard and covered storage.
Where is this flex space located?
The property is located at 2156 Denley Rd Houma, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: ±10,639 SF two‑story office/warehouse; Unrestricted zoning; Large laydown yard available
