Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    836 Grand Caillou Rd Houma, LA 70363

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    7-Acre Office & Retail Redevelopment

    Lot size:
    48,000 SF

    Property Features for 836 Grand Caillou Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,000 SF

    Spaces For Lease

    at 836 Grand Caillou Rd, Houma, LA 70363 Contact us

    We can help!

    Listing Contact
    Sheila Oncale
    Sheila Oncale

    Listing Agent: Sheila Oncale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This prime Houma, LA commercial redevelopment opportunity, located at 836 Grand Caillou Rd (Hwy 57), offers 48,000 square feet of new construction space, divisible to 5,000 square feet. The 7.05-acre site boasts 345 parking spaces, a signalized access point, and high visibility due to its direct frontage on a major thoroughfare. The property is zoned C2 and is ideal for a variety of uses, including traditional office, medical office, retail, and restaurant spaces. Previous structures have been removed, and the site is fully leveled and ready for development. Outparcel pad sites are available, accommodating drive-thru or dine-in restaurants. Two pylon signs are available for increased brand visibility. Land lease or build-to-suit options are available, with final lease pricing dependent on construction specifics and lease terms. This centrally located property offers significant potential for major and junior anchor tenants. The site's history includes former Delchamps and Save-On stores, indicating a strong retail history and high traffic volume. This is a unique chance to establish a presence in a thriving Louisiana market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Little Caesars Pizza Restaurant Western Union Bank

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.6976202
    Latitude
    29.5834288

    Nearby Similar for Lease

    • New
      $1,850 /Mo
      1,550 SF

      Downtown Houma Office Space

      Unique office space in downtown Houma with exposed brick.
      7886 Main St, Houma, LA 70360
      View Details
    • New
      $1,850 /Mo
      1,850 SF

      Downtown Houma Office/Retail Space

      Unique office/retail space in downtown Houma, close to amenities.
      7884 Main St, Houma, LA 70360
      View Details
    • $1,500 /Mo
      1,200 SF

      Retail Space in High-Traffic Area

      Retail space for lease in a high traffic Houma area.
      122 Enterprise Dr, Houma, LA 70360
      View Details
    • $2,300 /Mo
      1,461 SF

      Downtown Houma Commercial Space

      Prime commercial space in Downtown Houma with private parking.
      826 School St, Houma, LA 70360
      View Details
    • $4,000 /Mo
      4,849 SF

      Office Space in Prime Location

      Office suites for lease near courthouse, restaurants, and parking.
      7720 Main St, Houma, LA 70360
      View Details
    • $265 SF/Yr
      180 SF

      Downtown Houma Office Space Available

      Prime downtown Houma office space for lease near Courthouse Square.
      209 Goode St, Houma, LA 70360
      View Details
    • $2,500 /Mo
      2,208 SF

      Prime Commercial Space in Houma

      Commercial space ideal for restaurant or business in a growing hub.
      1807 Prospect Blvd, Houma, LA 70363
      View Details
    • $1,800 /Mo
      1,940 SF

      Historic Bank of Houma Lease

      Commercial space featuring offices, reception, and parking in Houma, LA.
      7833 Main St, Houma, LA 70360
      View Details
    • $2,850 /Mo
      3,100 SF

      Versatile Warehouse in High-Traffic Location

      3,100 SF commercial warehouse for lease in a prime location.
      1540B Gautreaux St, Houma, LA 70360
      View Details
    • $325 /Mo
      204 SF

      Downtown Houma Office Suite

      Functional office suite in downtown Houma, ideal for professional services.
      209 Goode St, Houma, LA 70360
      View Details
    • $2,100 /Mo
      1,910 SF

      Retail Space in High-Traffic Area

      Commercial building in Houma, LA, with high visibility.
      229 S Hollywood Rd, Houma, LA 70360
      View Details
    • $5,500 /Mo
      8,200 SF

      Light Industrial Facility in Houma

      8,200 SF light industrial facility with office and shop space.
      100 Redmond Rd, Houma, LA 70363
      View Details

    FAQs

    What type of property is this?
    Restaurant - 7-Acre Office & Retail Redevelopment
    Where is this restaurant located?
    The property is located at 836 Grand Caillou Rd Houma, LA.
    What are key features of this property?
    This property features: 48,000 square feet of new construction space, divisible to 5,000-square-foot units.; 7.05-acre site with 345 parking spaces and signalized access on Hwy 57.; C2 zoning allows for office, medical, retail, and restaurant uses.
    (985) 790-4904 Call to check price and availability
    Request Owner's contact information
    836 Grand Caillou Rd Houma, LA 70363
    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.
    836 Grand Caillou Rd
    Houma, LA 70363
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    836 Grand Caillou Rd Houma, LA 70363
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sheila Oncale
    Sheila Oncale
    Real Estate License ID: LA18748
    (985) 790-4904
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!