Houma Office Building with
4084 Hwy 311, Houma, LA 70360
- Added:
- Jun 11, 2024
- Days on Market:
- 722
- Last Refresh:
- Jun 2 at 3:06 pm
Property Features for 4084 Hwy 311
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 10,715 SF
- Lot size
- 13.36 Acres
Taxes and HOA fees
- Tax Description
- Tract 1, Crescent Plantation Homesite and adjacent property in Sect. 81, T17S-R16E
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Floors in Building
- 3
- Flooring type
- Carpet - Full, Tile - Ceramic, Wood
- Building materials
- Brick, Frame
- Roof type
- Tile
- Additional Structures
- Storage
Listing agent Hank Babin License #37498 (985) 804-9991
Listing office KELLER WILLIAMS REALTY BAYOU P 6273 W Park Avenue, Houma, LA (985) 262-4400
Listing date Jun 11, 2024
MLS# 2024011049
Copyright © 2026 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Daltile Perennial Porcelain tile roof (installed in 2023) with a lifetime limited warranty, transferable under conditions.
- Grand, historically‑styled main house with a prominent staircase and symmetrical window placement.
- Versatile 3‑level main building with multiple offices, conference rooms, and bathrooms suitable for various business needs.
- Additional 2,200 SF office building/club house/guest quarters with offices, bathroom, and kitchen/breakroom.
- First level features a reception area, lobby, 2 offices, a conference room, a library, and a bathroom.
- Second level includes 4 executive offices (each with a fireplace), 2 additional offices, open bullpen office space/break area, kitchen, and bathrooms.
Overview
This commercial property features a main three-level building with a grand staircase leading to the second level. The building's visual character is defined by the front entrance stairway, window and door openings, and symmetrical window placement. The first level includes a reception area, lobby, two offices, a conference room, a library, a bathroom, and a mechanical room. The second level offers four executive offices with fireplaces, two additional offices, an open bullpen office space or break area, a kitchen, one full bathroom, and one half bathroom. The third level contains three large offices, a conference room, and additional bathrooms. In 2023, the main building received a Daltile Perennial Porcelain tile roof with a lifetime limited warranty. The property also includes a 2,200 square foot office building, clubhouse, or guest quarters towards the rear, featuring multiple offices, a full bathroom, and a kitchen or breakroom. The property is located in Houma, LA, and is situated on a 13.36-acre lot.
Local Financial Insights For Office B
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 | $289.3k | $27.00 |
| − Vacancy | −$65.4k | −$6.10 |
| EGI | $223.9k | $20.90 |
| − OpEx | −$56.0k | −$5.22 |
| NOI | $167.9k | $15.67 |
10,715 SF · lease $27.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.40M
$2.10M – $2.80M
NOI $167,942 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.95M
$2.58M – $3.45M
NOI $206,757 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.787958
- Latitude
- 29.614796
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Updated office building with multiple offices, conference rooms, and guest quarters.
Where is this office building located?
The property is located at 4084 Hwy 311 Houma, LA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: **Daltile Perennial Porcelain tile roof (installed in 2023) with a lifetime limited warranty**, transferable under conditions.; Grand, historically‑styled main house with a prominent staircase and symmetrical window placement.; Versatile 3‑level main building with multiple offices, conference rooms, and bathrooms suitable for various business needs.
