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    561 Grand Caillou Rd Houma, LA 70363

    For Lease
    $12 SF/Yr

    Prime Houma, LA retail/office space. 60,000 sq ft available.

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 60,000 square foot property, located at 561 Grand Caillou Road in Houma, Louisiana, presents a unique investment opportunity. Situated on a highly trafficked thoroughfare in Terrebonne Parish (APN R03C-18982), this single-tenant outparcel boasts unparalleled visibility and frontage, making it ideal for a variety of retail or office uses. The property is currently vacant and offers flexibility for long-term ground lease or build-to-suit options, catering to the specific needs of prospective tenants. With its substantial size and prime location, this property is poised to attract significant attention from businesses seeking a prominent presence in the thriving Houma market. The property type is classified as Retail, Office, and Land, and is suitable for executive office or commercial use. The address is 561 Grand Caillou Rd, Houma, LA 70363. This is a single-tenancy property. The property's location offers excellent access and exposure to a high volume of daily traffic, ensuring maximum brand visibility and customer reach. This presents a rare chance to secure a substantial footprint in a key commercial area of Houma.

    Property Features for 561 Grand Caillou Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Total Rate
    60000

    Unit(s) available at that property

    Space
    Available Space
    Size
    60,000 SF
    Rate per SF
    $12

    HighLights

    • 60,000 SF vacant outparcel at 561 Grand Caillou Rd, Houma, LA 70363 (APN R03C‑18982).
    • High‑traffic location in Terrebonne Parish offers excellent visibility and frontage.
    • Suitable for retail, office, or build‑to‑suit opportunities; long‑term ground lease options available.
    • Single‑tenant property ideal for businesses seeking a prominent Houma presence.
    • Classified as Retail, Office, and Land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Primo Water Refill Bottled Water Supplier Rouses Market Grocery Store Coinstar Kiosk | Bitcoin ... Atm Coinme at Coinstar - Bitcoin ... Kiosk

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.7024411
    Latitude
    29.5892912

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    FAQs

    What type of property is this?
    Land - Prime Houma, LA retail/office space. 60,000 sq ft available.
    Where is this land located?
    The property is located at 561 Grand Caillou Rd Houma, LA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 60,000 SF vacant outparcel at 561 Grand Caillou Rd, Houma, LA 70363 (APN R03C-18982).; High-traffic location in Terrebonne Parish offers excellent visibility and frontage.; Suitable for retail, office, or build-to-suit opportunities; long-term ground lease options available.
    Request Owner's contact information
    561 Grand Caillou Rd Houma, LA 70363
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    Houma, LA 70363
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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
    561 Grand Caillou Rd Houma, LA 70363
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