503 Degravelle Rd Morgan City, LA 70380
Multi-tenant warehouse, 46,800 SF
Property size:
46,800 SFProperty Features for 503 Degravelle Rd
General Information
- Property type
- Distribution properties
- Square Feet
- 46,800 SF
- Lot Size
- 653,400 SF
Building Details
- Buildings
- 4
- Stories
- 1
Listing Agency: NAI Latter & Blum New Orleans Listing Agent: Eli Gunesebakan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 46,800-square-foot multi-tenant industrial complex situated on a 15-acre lot in Morgan City, Louisiana. The property boasts four buildings, including approximately 6,000 square feet of office space and three warehouses ranging from 10,800 to 22,500 square feet. Seven dock-high doors facilitate efficient loading and unloading. The property is zoned for heavy industrial use and features approximately 800 feet of waterfront access on Bayou Boeuf. The asking price is $3,000,000, translating to $64.10 per square foot. The land value alone is estimated at $200,000 per acre. An additional 8 acres of undeveloped land across the street offers potential for future expansion. This prime location, south of Highway 182 on Degravelle Rd, in St. Mary Parish (zip code 70380), provides excellent access to transportation networks. The property's size, features, and zoning make it ideal for a variety of manufacturing and warehousing operations. The APN is 3524181001.00. This is a rare opportunity to acquire a substantial industrial property with significant waterfront access in a thriving Louisiana market.
Property Profile
Location Intelligence
Current Use by Public Records
Diamond Services Corporation
Factory
Location Insight
- Map
- Local Demand
- City
- Morgan City
- County
- St. Mary Parish
- State
- Louisiana
- Longitude
- -91.1050149
- Latitude
- 29.6525687
Nearby Similar for Sale
FAQs
What type of property is this?
Distribution property - Multi-tenant warehouse, 46,800 SF
Where is this distribution property located?
The property is located at 503 Degravelle Rd Morgan City, LA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 46,800 SF of office/warehouse space on a 15-acre site.; 800 feet of Bayou Boeuf waterfront.; 6,000 SF of office space and three warehouses totaling 40,800 SF.
