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

    6400 Park Ave Houma, LA 70364

    Sponsored
    For Sale
    $500,000

    102,500 SF Shopping Center, $500K

    Property size:
    102,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 102,500 square foot retail property, situated on a 0.99-acre lot in Houma, Louisiana, presents a compelling investment opportunity. Located at 6400 W Park Ave, 70364, this single-story, multi-tenant shopping center boasts a prominent position within a thriving retail corridor. Built in 1950 and extensively renovated in 2004, the property is zoned for commercial use and features ample parking with 492 spaces. The property's location offers significant advantages, being approximately one mile from Southland Mall, a major regional shopping destination, and directly adjacent to Cannata's Family Market, a well-established regional grocery store. The property's Assessed Parcel Number (APN) is R03-15991. With a total asking price of $500,000, this translates to a land value of $505,051 per acre, reflecting the high demand for retail space in this area. The property's substantial size and prime location make it ideal for a variety of retail uses, offering significant potential for long-term growth and return on investment. This is a rare opportunity to acquire a well-established, high-traffic retail property in a rapidly developing market. The property's history of successful tenancy further underscores its value and potential.

    Property Features for 6400 Park Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    102,500 SF
    Lot Size
    43,124 SF

    Building Details

    Year Built/Renovated
    1950/2004
    Stories
    1

    HighLights

    • 102,500 SF retail property on a 0.99‑acre lot in Houma, LA.
    • Single‑story, multi‑tenant shopping center at 6400 W Park Ave, 70364.
    • Built in 1950, extensively renovated in 2004, with 492 parking spaces.
    • Located near Southland Mall and adjacent to Cannata's Family Market.
    • APN: R03‑15991; Asking price: $500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.749765
    Latitude
    29.623361

    Nearby Similar for Sale

    • $2,300,000
      10,715 SF

      Historic Farmhouse with Modern Updates

      Updated farmhouse on 13+ acres with multiple office buildings.
      4084 Highway 311, Houma, LA 70360
      View Details
    • $425,000
      3,600 SF

      Multi-Use Property with Income Stream

      Commercial/residential property with homes, industrial building, and development potential.
      1118 Grand Caillou Rd, Houma, LA 70363
      View Details
    • $999,999
      12,557 SF

      Waterfront Commercial Building in Houma

      Well-kept commercial building with waterfront access and many amenities.
      1711 Dunn St, Houma, LA 70360
      View Details
    • $725,000
      4,892 SF

      Houma Medical Office Building For Sale

      Two-story medical office building near Terrebonne General Regional Medical Center.
      210 New Orleans Blvd, Houma, LA 70360
      View Details
    • $400,000
      3,227 SF

      Quadruplex on Acre Lot

      Quadruplex with two homes and a duplex on 0.71 acres.
      106 Abc & D Country Est Dr, Houma, LA 70364
      View Details
    • $521,000
      3,858 SF

      Houma Commercial Property on Large Lot

      Commercial property on 1.5 acres, suitable for various ventures.
      2349 Coteau Rd, Houma, LA 70364
      View Details
    • $659,900
      4,951 SF

      Modern Income-Producing Fourplex in Houma

      Turnkey fourplex with long-term rental and short-term flexibility.
      151 Dixie Ave, Houma, LA 70363
      View Details
    • $389,999
      2,329 SF

      Established Commercial Building on Enterprise

      Well-maintained commercial building suitable for retail or office use.
      186 Enterprise Dr, Houma, LA 70360
      View Details
    • $250,000
      3,929 SF

      Spacious Office Building in Houma

      Corner lot office building with multiple entrances and flexible layout.
      7552 Main St, Houma, LA 70360
      View Details
    • $595,000
      1,636 SF

      Updated Mixed-Use Property in Houma

      Commercial and residential spaces updated with modern, open concept design.
      179 Enterprise Dr, Houma, LA 70360
      View Details
    • $214,900
      1,190 SF

      Houma Quadruplex For Sale

      Quadruplex located in Houma, Louisiana, featuring 1190 square feet.
      9181 Main St, Houma, LA 70363
      View Details
    • $285,000
      2,302 SF

      Restored Historic Commercial Property

      Versatile commercial space in a high-traffic downtown location.
      316 Lafayette St, Houma, LA 70360
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - 102,500 SF Shopping Center, $500K
    Where is this lifestyle center located?
    The property is located at 6400 Park Ave Houma, LA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 102,500 SF retail property on a 0.99-acre lot in Houma, LA.; Single-story, multi-tenant shopping center at 6400 W Park Ave, 70364.; Built in 1950, extensively renovated in 2004, with 492 parking spaces.
    Request Owner's contact information
    6400 Park Ave Houma, LA 70364
    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.
    6400 Park Ave
    Houma, LA 70364
    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
    6400 Park Ave Houma, LA 70364
    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.