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Cold Storage Warehouse with Freezers
For Sale
$135,000

5339 W Main Street, Houma, LA 70364

Commercial Sale, Houma, LA

Property Size1,224 SF
Lot Size0.31 Acres
Price / SF$110.29
Days on Market40

Property Features for 5339 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Standard status Active
APN 6321
Size 1,224 SF
Lot size 0.31 Acres

Additional Details

Property Use Warehouse

Taxes and HOA fees

Tax Description A BATTURE LOT 100' FRONT AS SHOWN ON "SURVEY OF TRACT A-B-C-D-A IN SECTION 8 T16S R17E." CB 1811/121
Tax Annual Amount 526
Legal Description A BATTURE LOT 100' FRONT AS SHOWN ON "SURVEY OF TRACT A-B-C-D-A IN SECTION 8 T16S R17E." CB 1811/121

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1977
Floors in Building 1
Building materials Metal Siding
Roof type Metal
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Drake J Eschete · License #995710570
Added: Sep 15 Changed: Oct 23 Last Checked: Oct 24 at 12:06PM
MLS# 2026016980

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,224-square-foot cold storage and warehouse property includes two freezer areas and a separate office. Metal siding and a metal roof form the building envelope, and a window unit provides cooling. Multiple overhead doors and a covered, raised loading platform support loading activity; an on-site generator can power both freezer areas.

The 0.31-acre site fronts West Main Street (LA 24) for approximately 100 feet. Paved work and parking areas, truck access, public water and public sewer are also present. Built in 1977, the property was previously used for dairy distribution.

Key Highlights

  • Two freezer areas and a separate office in a 1,224‑square‑foot building
  • On‑site generator capable of powering both freezer areas
  • Approximately 0.31 acres with 100 feet of frontage on West Main Street/LA 24

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,557
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,140 $191.1K
Cap Rate 7%
$136,529 $136.5K
Cap Rate 9%
$106,189 $106.2K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$11.6K $9.48/SF
− Vacancy
−$360 −$0.29/SF
EGI
$11.2K $9.19/SF
− OpEx
−$1.7K −$1.38/SF
NOI
$9.6K $7.81/SF
Area
Terrebonne County, LA
Vacancy
3.10%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$191,140
Cap Rate 7%
$136,529
Cap Rate 9%
$106,189

Alternative Uses

Best Use
Warehouse
$136.5K
$119.5K – $159.3K (±1% cap)
NOI $9,557 @ 7.0% cap · market cap 7.08%
Second Best
Industrial
$112.4K
$98.4K – $131.2K (±1% cap)
NOI $7,871 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$337.4K
$295.2K – $393.6K (±1% cap)
NOI $23,618 @ 7.0% cap · market cap 17.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Borden Dairy Co ... Production Facility

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Spa & Massage Center Kitchen & Bath Showroom Plumbing Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 70364, LA

29,559
Population
12,423
Households
2.4
Avg Household Size
37
Median Age
16%
College-Educated
87%
High-School Grad
42.2 sq mi
ZIP Area
700
Density / Sq Mi
$68,909
Median Household Income
$36,164
Median Earnings
$1,004
Median Rent
$195,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - The facility combines freezer areas, separate office space, overhead doors, a raised loading platform and generator support.
Where is this refrigerated & cold storage located?
The property is located at 5339 W Main Street Houma, 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: Two freezer areas and a separate office in a 1,224‑square‑foot building; On‑site generator capable of powering both freezer areas; Approximately 0.31 acres with 100 feet of frontage on West Main Street/LA 24
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