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Three-Space Retail Building
For Sale
$650,000

425 W Tunnel Boulevard, Houma, LA 70360

Commercial Sale, Houma, LA

Property Size11,624 SF
Lot Size0.55 Acres
Price / SF$55.92
Days on Market99

Property Features for 425 W Tunnel Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Subdivision Rural Tract (no Subd)
Standard status Active
Size 11,624 SF
Lot size 0.55 Acres

Taxes and HOA fees

Tax Description IRREGULAR-SHAPED TRACT MEASURING 41.97' FRONT ON EAST SIDE LEVRON STREET BEING BOUNDED NORTH BY TUNNEL BOULEVARD AND SOUTH BY ROUTIER STREET WITHIN POINTS A-B-C-D-E-A ON "MAP SHOWING BOUNDARY AGREEMENT BETWEEN BERTHA MEY BALDWIN AND CITY OF HOUMA.
Legal Description IRREGULAR-SHAPED TRACT MEASURING 41.97' FRONT ON EAST SIDE LEVRON STREET BEING BOUNDED NORTH BY TUNNEL BOULEVARD AND SOUTH BY ROUTIER STREET WITHIN POINTS A-B-C-D-E-A ON "MAP SHOWING BOUNDARY AGREEMENT BETWEEN BERTHA MEY BALDWIN AND CITY OF HOUMA.

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

security system with 24-hour access

Building Details

Building materials Brick, Frame
Roof type Metal
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Andrew Benoit-Naquin · License #362928
Added: Jul 1 Changed: Aug 19 Last Checked: Oct 7 at 2:06AM
MLS# 2026012089

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.

Investment Insights

Based on property information with market context.

This 11,624-square-foot retail building occupies a 0.55-acre site and was constructed in 2001. The property is 52% occupied by Rent-A-Center and can be divided into three separate spaces, offering a combination of existing tenancy and flexible occupancy options. The building includes central heating and cooling, a metal roof, brick and frame construction, a security system with 24-hour access, monument signage, and an on-site parking lot.

The property sits on Tunnel Boulevard in Houma, along a commercial corridor reporting traffic counts above 30,000 vehicles per day. Walmart Supercenter, Target, Lowe’s, Planet Fitness, Starbucks, Chick-fil-A, and Chili’s are identified among the nearby retailers. Public water and sewer serve the property, with natural gas available.

Key Highlights

  • 11,624 SF retail building on 0.55 acres
  • 52% occupied by national tenant Rent‑A‑Center
  • Building can be divided into three separate spaces

Property Analytics

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Current Use

Rome Capital Management Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair Storage Facility Acupuncture

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

Lease Details

30,000 VPD
Traffic count
52%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,402
Businesses Nearby

Demographics for 70360, LA

28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property with existing national tenancy and a layout that supports partial owner occupancy.
Where is this retail space located?
The property is located at 425 W Tunnel Boulevard Houma, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 11,624 SF retail building on 0.55 acres; 52% occupied by national tenant Rent‑A‑Center; Building can be divided into three separate spaces
More about this property
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