Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Remodeled Commercial Building on Highway Title is generated by Realmo AI

    245 Highway 3161, Cut Off, LA 70345

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $135,000

    Remodeled commercial building with high traffic volume and flexible space.

    Type:Commercial/Industrial
    Property size:
    2,138 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $63/SF
    Added:
    Mar 12, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 6 at 3:21 am

    Property Features for 245 Highway 3161

    General Information

    Standard status
    Active
    Size
    2,138 SF
    Lot size
    0.45 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Sarah Gisclair

    Listing agent Sarah Gisclair License #39283

    Listing office Bayou Classic Realty, LLC

    Listing date Mar 12, 2026

    Source Exitrealty

    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 Bayou Classic Realty, LLC

    HighLights

    • Excellent location off Hwy 3161 with high traffic volume.
    • Recently remodeled in 2019 with ceramic tile flooring and custom‑built cabinetry in the main building.
    • Roof replaced in 2022.
    • Main building (1325 sq ft) features an open floor plan, restroom, kitchen area, 2 private rooms, and utility room.
    • Additional building (412 sq ft) with waiting area, 2 private rooms, and a full bathroom.
    • Large parking lot suitable for high vehicle volume.

    Overview

    This commercial building is located off Highway 3161, benefiting from high traffic volume. The main building, encompassing 1325 square feet, was recently remodeled in 2019 and features an open floor plan, ceramic tile flooring, custom-built cabinetry, a restroom, a kitchen area, two private rooms, and a utility room. The roof was replaced in 2022. An additional 412-square-foot building is located in the rear of the main structure, featuring a waiting area, two private rooms, and a full bathroom with laminate wood floors. A large parking lot accommodates a high volume of vehicles. An additional tin storage shed is also located at the rear of the property. The building was previously used as a salon with spa services and some retail. The total property size is 2138 square feet. Potential uses include retail, cosmetology/esthetician services, or office space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cut Off
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.3392
    Latitude
    29.5189

    Nearby Similar for Sale

    • $150,000
      3,200 SF

      Cut Off Storage Building

      Versatile storage building ideal for various business and storage purposes.
      120 W 131st Street, Cut Off, LA 70345
      View Details
    • $180,000
      1,500 SF

      Cut Off Stand-Alone Office

      1,500 sq ft office with expansion potential.
      360 Highway 3161, Cut Off, LA 70345
      View Details
    • $200,000
      1,500 SF

      Stand-Alone Office on Cote Blanche

      1,500 sq ft office with expansion potential.
      360 Highway 3161, Cut Off, LA 70345
      View Details
    • $45,000
      728 SF

      Highway 1 Commercial Property

      Commercial property suitable for office, salon, or retail storefront.
      14673 West Main Street, Cut Off, LA 70345
      View Details
    • $244,000
      2,178 SF

      Cut Off Triplex For Sale

      Recently renovated triplex in Cut Off, Louisiana, fully occupied.
      192 W 64th Street, Cut Off, LA 70345
      View Details
    • $200,000
      1,837 SF

      Cut Off Office Building

      Office building located directly off Hwy 3235 in Cut Off.
      14499 Hwy 3235 Cut Off, Cut Off, LA 70345
      View Details
    • $45,000
      728 SF

      Cut Off Commercial Property

      Commercial property on Highway 1, perfect for office or retail.
      14673 W Main Street, Cut Off, LA 70345
      View Details

    FAQs

    What type of property is this?
    Retail space - Remodeled commercial building with high traffic volume and flexible space.
    Where is this retail space located?
    The property is located at 245 Highway 3161 Cut Off, LA.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Excellent location off Hwy 3161 with high traffic volume.; Recently remodeled in 2019 with ceramic tile flooring and custom‑built cabinetry in the main building.; Roof replaced in 2022.
    (985) 325-7107
    We can help!
    Listing Contact
    Sarah Gisclair
    Real Estate License ID: 39283
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    245 Highway 3161, Cut Off, LA 70345
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!