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    Waterfront Bayou Land Tract Title is generated by Realmo AI

    Serrette Street, Henderson, LA 70517

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    New
    For Sale
    $279,000

    COMMERCIAL - Henderson, LA

    Lot size:
    75.90 Acres
    Added:
    May 29, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 4 at 10:06 am

    Property Features for Serrette Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    06201b4329
    Lot size
    75.90 Acres

    Taxes and HOA fees

    Tax Description
    62.88 Ac Nw4 Of Ne4 Sec 31 T8s, R7ecob 901-480-212893 935-503-220765 1068-614-245544 1200-567-271838 1201-674-272104 1290-152 AND 13.60 Ac Being The Northern Portion Of The Sw4 Of The Ne4cob 901-480-212893 935-503-220765 1068-614- 245544 1200-567-27183812

    Utilities

    Water source
    Public
    Water front features
    Pond
    Water front
    1

    We can help!

    Listing Contact
    Alison Periou
    Alison Periou

    Listing agent Alison Periou License #995709532

    Listing office Real Broker, LLC 300 Rue Beauregard, Unit I, Baton Rouge, LA

    Listing date May 29, 2026

    MLS# 2600004886 Listing URL

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Waterfront features include a pond, plus Bayou Portage running through the property and Bayou Amy bordering the tract.
    • Utilities available: water (public) with water, sewer, and electricity accessible per the listing remarks.
    • Natural wildlife presence noted, including deer, rabbits, and native birds.
    • Henderson tract with bayou access suitable for recreation, retreats, cabins, or an RV/nature‑focused setup.

    Overview

    This offering is a waterfront bayou land tract with approximately 75.9 acres. Bayou Portage runs through the property, and Bayou Amy borders the tract, creating a natural waterway setting. The land is described as supporting abundant wildlife, including deer, rabbits, and native birds, which may appeal to outdoor recreation users and nature-focused operators. Utilities are available on site, including water, sewer, and electricity, providing practical support for a range of future uses.

    The property is located in Henderson, Louisiana within St. Martin Parish, with address listed on Serrette Street. The water features and surrounding natural environment are central to the site’s character, with bayou access through the interior and along the boundary.

    For buyers seeking a personal retreat or a multi-use outdoor property, the combination of bayou frontage, wildlife habitat, and utility availability supports flexible planning. The site may be considered for recreational uses such as fishing or hunting camp setups, as well as outdoor lodging concepts like cabins, RV sites, or other nature-oriented guest experiences, subject to applicable approvals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Henderson
    County
    St. Martin
    State
    Louisiana
    Longitude
    -91.792466
    Latitude
    30.314734

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Waterfront Land - Large bayou-front tract in Henderson with utilities available, suited for recreation, hunting, or outdoor-oriented development.
    Where is this waterfront land located?
    The property is located at Serrette Street Henderson, LA.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: Waterfront features include a pond, plus Bayou Portage running through the property and Bayou Amy bordering the tract.; Utilities available: water (public) with water, sewer, and electricity accessible per the listing remarks.; Natural wildlife presence noted, including deer, rabbits, and native birds.
    (337) 349-8596
    We can help!
    Listing Contact
    Alison Periou
    Alison Periou
    Real Estate License ID: 995709532
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    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.

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