Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2914 Lake Palourde Rd Morgan City, LA 70380

    For Sale
    $525,000

    7,600 SF Manufacturing Facility, Vacant

    Property size:
    7,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional waterfront industrial property in Morgan City, Louisiana, presents a unique investment opportunity. Located at 2914-2916 Lake Palourde Road, this 5.18-acre site boasts 7,600 square feet of building space, encompassing 4,536 square feet of warehouse and 3,064 square feet of office space. The property features two buildings and offers significant waterfront access with 506 linear feet of frontage on the Avoca Island Cutoff waterway, providing convenient access to the Intracoastal Waterway and the Gulf of Mexico. A substantial 182 linear feet of the waterfront is improved with a bulkhead. The site also benefits from a generous 54-foot overhead clearance. The asking price is $525,000, translating to $69.08 per square foot. This vacant property is ideal for a variety of manufacturing or industrial uses, offering a prime location with excellent water access and ample space for expansion. The property is zoned for industrial use and is situated in St. Mary Parish, Louisiana, with a zip code of 70380. The total lot size is 225,641 square feet. This is a for-sale-by-owner listing.

    Property Features for 2914 Lake Palourde Rd

    General Information

    Property type
    Marinas
    Square Feet
    7,600 SF
    Lot Size
    225,641 SF

    Building Details

    Buildings
    2

    HighLights

    • 54' clear height warehouse with excellent water access via Avoca Island Cutoff to Intracoastal Waterway and Gulf of Mexico.
    • 5.18‑acre site (225,641 square feet)
    • 4,536 square feet of warehouse space
    • 3,064 square feet of office space
    • 506 linear feet of waterfront
    • 28‑linear‑foot improved bulkhead
    Property Profile Location Intelligence

    Current Use by Public Records

    Marinas

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Grocery Store Food Market Storage Facility Bakery Electrical Service Laundry Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Morgan City
    County
    St. Mary Parish
    State
    Louisiana
    Longitude
    -91.1448981
    Latitude
    29.7260952

    Nearby Similar for Sale

    • $778,000
      18,974 SF

      Morgan City Commercial Building For Sale

      Well-maintained commercial property in a prime Morgan City location.
      1020 David Dr, Morgan City, LA 70380
      View Details
    • $144,000
      1,600 SF

      Morgan City Office For Sale

      Functional commercial space suitable for medical or professional office use.
      1100 8Th St, Morgan City, LA 70380
      View Details
    • Contact for pricing
      1 SF

      Waterfront Industrial Property with Lease

      4.5-acre industrial waterfront property leased to Baker Hughes.
      100 1St St, Morgan City, LA 70380
      View Details
    • $3,500,000
      62,640 SF

      MC Bank & Trust Building

      Prime Morgan City Office Building
      1201 Brashear Ave, Morgan City, LA 70380
      View Details
    • $1,750,000
      3,037 SF

      Morgan City Wendy's: Net Lease

      High-return Wendy's franchise, Louisiana.
      7305 La-182, Morgan City, LA 70380
      View Details
    • $3,000,000
      46,800 SF

      Morgan City Industrial Complex

      Multi-tenant warehouse, 46,800 SF
      503 Degravelle Rd, Morgan City, LA 70380
      View Details

    FAQs

    What type of property is this?
    Marina - 7,600 SF Manufacturing Facility, Vacant
    Where is this marina located?
    The property is located at 2914 Lake Palourde Rd Morgan City, LA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 54' clear height warehouse with excellent water access via Avoca Island Cutoff to Intracoastal Waterway and Gulf of Mexico.; 5.18-acre site (225,641 square feet); 4,536 square feet of warehouse space
    Request Owner's contact information
    2914 Lake Palourde Rd Morgan City, LA 70380
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2914 Lake Palourde Rd
    Morgan City, LA 70380
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2914 Lake Palourde Rd Morgan City, LA 70380
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.