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    116 Van Ave Houma, LA 70363

    For Lease
    $23 SF/Yr

    Prime Medical Space Available in Houma, LA

    Lot size:
    12,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12,800 square foot medical office building, located at 116 N Van Avenue in Houma, Louisiana, presents a unique investment opportunity. Currently, 3,600 square feet of space is available for lease within this single-tenant building, offering significant potential for expansion or immediate occupancy. The property boasts a convenient location in Terrebonne Parish, with easy access to major roadways and a thriving local community. The building is zoned C-2, allowing for a variety of medical uses. The property's total square footage is 12,800 square feet, providing ample space for a variety of medical practices or related businesses. The address is 116 N Van Ave, Houma, LA 70363, with the APN listed as R03C-52402. This property is ideal for medical professionals seeking a well-established location with significant space for growth. The available 3,600 square feet offers immediate potential for a new practice or expansion of an existing one. The single-tenant occupancy provides a streamlined management experience. This is a rare opportunity to acquire a substantial medical office building in a desirable location within Terrebonne Parish. The property's size and zoning make it suitable for a wide range of medical specialties. Serious inquiries are encouraged.

    Property Features for 116 Van Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,800 SF
    Total Rate
    24533.33

    Unit(s) available at that property

    Space
    Available space
    Size
    3,600 SF
    Rate per SF
    $23

    HighLights

    • High visibility from major thoroughfare.
    • Ample surface parking available.
    • Located within the Houma‑Thibodaux MSA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -90.7002109
    Latitude
    29.5876887

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Space Available in Houma, LA
    Where is this medical office located?
    The property is located at 116 Van Ave Houma, LA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; Ample surface parking available.; Located within the Houma-Thibodaux MSA.
    Request Owner's contact information
    116 Van Ave 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
    116 Van Ave Houma, LA 70363
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