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    6400 Park Ave Houma, LA 70364

    Sponsored
    For Lease
    $18 SF/Yr

    Houma, LA: Prime Retail Space Available

    Lot size:
    94,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Colonial Acres Shopping Center, located at 6400 W Park Ave in Houma, Louisiana, presents a unique opportunity for retail businesses seeking high-visibility space. This single-story, 94,640 square foot strip center, built in 2016, sits on a 3.39-acre lot and boasts 492 parking spaces. Currently, 20,400 square feet of contiguous space is available for lease, divisible into units as small as 7,000 square feet. The center is situated in a thriving retail area, approximately one mile from Southland Mall, and enjoys excellent visibility due to its location next to Cannata's Family Market, a major regional grocery store. The property is zoned COMMERCIAL and is located in Terrebonne Parish, zip code 70364. This prime location offers significant potential for businesses seeking to establish or expand their presence in a high-traffic retail corridor. The building features modern construction and ample parking, ensuring a convenient and accessible shopping experience for customers. The available space is ideal for a variety of retail uses, providing flexibility for businesses of different sizes and needs. This is an exceptional opportunity to secure a prominent location in a well-established and growing retail market. Contact us today to learn more about this exceptional retail space.

    Property Features for 6400 Park Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    94,640 SF

    Building Details

    Year Built
    2016
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Future Retail
    Size
    20,400 SF
    Rate per SF
    $18
    Space
    Outparcel Available
    Size
    0 SF
    Rate per SF
    $18

    HighLights

    • 7,000 - 20,400 SF of new in‑line retail space available for lease.
    • 0.991‑acre outparcel available.
    • Property available for sale, ground lease, or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.74881012
    Latitude
    29.62253744

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    FAQs

    What type of property is this?
    Neighborhood center - Houma, LA: Prime Retail Space Available
    Where is this neighborhood center located?
    The property is located at 6400 Park Ave Houma, LA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 7,000 - 20,400 SF of new in-line retail space available for lease.; 0.991-acre outparcel available.; Property available for sale, ground lease, or build-to-suit.
    Request Owner's contact information
    6400 Park Ave Houma, LA 70364
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    Houma, LA 70364
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    Realmo Value Estimation

    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.

    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.

    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
    6400 Park Ave Houma, LA 70364
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