Industrial Flex Property with
217 N Hollywood Rd Houma, LA 70364
For Sale
$399,000
Industrial flex building includes 10 offices and a shop area with chain-link fencing and highway access.
Property Size3,840 SF
Price / SF$103.91
Days on Market295
Property Features for 217 N Hollywood Rd
General Information
- Standard status
- Active
- Size
- 3,840 SF
Listing Agency:
Good Earth Realty, Inc.
(985) 637-2255
Listed By:
Shirin Nail/ Cynthia Pellegrin · License #20592
(985) 637-2255
Source:
Exprealty
Added: Oct 3, 2025
Changed: Jul 23
Last Checked: Jul 23 at 3:15PM
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 Good Earth Realty, Inc.
Investment Insights
Based on property information with market context.
This industrial flex property is designed for operational needs and includes 10 offices plus a shop area. The site is chain-link fenced, and the property is described as having most of the acreage stabilized, which may support supply, trucking, or heavy equipment uses.
The property offers easy access to Highway 182, Highway 311, and Highway 90, supporting practical connectivity for service and logistics operations. The owner would consider a triple net lease.
For sale, the offering includes the office and shop improvements along with the fenced, stabilized acreage configuration suitable for established operational workflows.
The property offers easy access to Highway 182, Highway 311, and Highway 90, supporting practical connectivity for service and logistics operations. The owner would consider a triple net lease.
For sale, the offering includes the office and shop improvements along with the fenced, stabilized acreage configuration suitable for established operational workflows.
Key Highlights
- Industrial flex building with 10 offices and a shop area
- Chain‑link fenced property
- Easy access to Highway 182, Highway 311, and Highway 90
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.3k | $14.40 |
| − Vacancy | −$1.1k | −$0.29 |
| EGI | $54.2k | $14.11 |
| − OpEx | −$19.0k | −$4.94 |
| NOI | $35.2k | $9.17 |
3,840 SF · lease $14.40/SF/yr · vacancy 2.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$859.8K
$752.3K – $1.00M
NOI $60,186 @ 7.0% cap · market cap 15.08%
Second Best
Flex RnD
$503.2K
$440.3K – $587.1K
NOI $35,224 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$1.06M
$926.2K – $1.23M
NOI $74,097 @ 7.0% cap · market cap 18.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Industrial flex building includes 10 offices and a shop area with chain-link fencing and highway access.
Where is this flex space located?
The property is located at 217 N Hollywood Rd Houma, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Industrial flex building with 10 offices and a shop area; Chain‑link fenced property; Easy access to Highway 182, Highway 311, and Highway 90
