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    198 Trinity Ln Gray, LA 70359

    • Industrial properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 198 Trinity Ln

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 6,041-square-foot flex space, located at 198 Trinity Ln in Gray, Louisiana, presents a unique opportunity for businesses seeking a versatile industrial or commercial property. Situated in Terrebonne Parish, this single-tenant building offers a blend of modern office and warehouse space, ideal for a variety of operational needs. Built just five years ago, the property boasts a well-maintained structure with key features designed for optimal functionality. These include a robust HVAC system ensuring climate control, three-phase power for demanding equipment, and excellent insulation for energy efficiency. Two grade-level loading doors provide convenient access for loading and unloading, streamlining operations. The flexible layout allows for customization to suit specific business requirements, making it an adaptable solution for companies needing both office and warehouse space. The property's convenient location off LA 24 offers easy access to major transportation routes, enhancing logistical efficiency. This is a prime opportunity to secure a modern, well-equipped industrial space in a thriving Louisiana community. The property is ready for immediate occupancy. Detailed specifications are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.7815
    Latitude
    29.6927

    Comparable in this City

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      9,900 SF

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      5,042 SF

      263 Trinity Ln

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      3196 Mathilde Marie Dr

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      3655 Park Ave

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    Similar Nearby for Lease

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    198 Trinity Ln
    Gray, LA 70359
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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
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