Canal-Front Industrial
8654 Shrimpers Row, Houma, LA 70363
For Sale
$2,800,000
Commercial Sale, Houma, LA
Property Size29,170 SF
Lot Size10.00 Acres
Price / SF$95.99
Days on Market8
Property Features for 8654 Shrimpers Row
General Information
Property type
Property subtype
Zoning
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Water front features
Water front
Building Details
Year built
Floors in Building
Listing Agency:
COLDWELL BANKER LARUSSA REAL ESTATE
(985) 872-0444
Listed By:
Veronica L Voisin · License #4202
(985) 852-7928
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 9 at 9:06AM
MLS# 200ORU
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 10-acre industrial property includes a 29,170-square-foot shipyard facility and a main office constructed in 2022. The site has 760 feet of bulkhead along the bayou and borders the Houma Navigational Canal, a navigable waterway. A flood gate provides protection, and the property is within 15 miles of the Gulf of Mexico.
Key Highlights
- 10‑acre industrial shipyard property with 29,170 square feet of building area
- Borders the navigable Houma Navigational Canal
- 760 feet of bayou‑side bulkhead
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$187,571
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,751,420
$3.8M
Cap Rate 7%
$2,679,586
$2.7M
Cap Rate 9%
$2,084,122
$2.1M
Market Conditions
NOI Build-Up for 29,170 SF
Gross rent
$276.5K $9.48/SF
− Vacancy
−$8.6K −$0.29/SF
EGI
$268.0K $9.19/SF
− OpEx
−$80.4K −$2.76/SF
NOI
$187.6K $6.43/SF
Area
Terrebonne County, LA
Vacancy
3.10%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,751,420
Cap Rate 7%
$2,679,586
Cap Rate 9%
$2,084,122
Alternative Uses
Best Use
Industrial
$2.68M
$2.34M – $3.13M
NOI $187,571 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.04M
$7.04M – $9.38M
NOI $562,864 @ 7.0% cap · market cap 20.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
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Business Placement
Demographics for 70363, LA
25,319
Population
10,449
Households
2.4
Avg Household Size
36
Median Age
8%
College-Educated
75%
High-School Grad
78.4 sq mi
ZIP Area
323
Density / Sq Mi
$44,828
Median Household Income
$33,176
Median Earnings
$1,054
Median Rent
$143,800
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Houma, LA
Properties on Market for Industrial properties in Houma
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - The site combines navigable-water access with flood-gate protection and Gulf proximity.
Where is this industrial property located?
The property is located at 8654 Shrimpers Row Houma, LA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 10‑acre industrial shipyard property with 29,170 square feet of building area; Borders the navigable Houma Navigational Canal; 760 feet of bayou‑side bulkhead
