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    16245-16273 Main St Cut Off, LA 70345

    • Lifestyle centers
    • 58,750 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 16245-16273 Main St

    Year built
    1970
    Property size
    58,750 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 58,750 square foot shopping center, located at 16245-16273 E Main St, Cut Off, LA 70345, presents a unique investment opportunity. Completely renovated in 2023, the single-story building sits on a 4-acre lot and offers multiple spaces available, ranging from 2,500 to 16,653 contiguous square feet, with a total of 41,612 square feet currently vacant. Built in 1970 and strategically positioned in Lafourche Parish's Cut Off submarket, this property benefits from high traffic volume due to its location between Raceland and Port Fourchon, serving the robust petroleum industry. Its proximity to New Orleans (1 hour 15 minutes) and Houma (40 minutes) further enhances its accessibility and appeal. The center's location near the Louisiana Offshore Oil Port (LOOP), a crucial deepwater port handling a significant portion of the nation's oil supply, provides a strong economic foundation. This redevelopment offers businesses a chance to thrive in a thriving community, combining prime retail space with exceptional convenience and accessibility. The property boasts limited competition and a scarcity of comparable retail options in the area, making it an ideal location for businesses seeking to establish a strong presence in this dynamic market.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cut Off
    County
    Lafourche Parish
    State
    Louisiana
    Longitude
    -90.3135
    Latitude
    29.4733

    Comparable in this City

    • Value Estimation by Request
      600 SF

      Cut Off, LA 70345

      COMMERCIAL (GENERAL) • 600 SF
      Cut Off, LA 70345
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    • Value Estimation by Request
      1,756 SF

      Cut Off, LA 70345

      COMMERCIAL (GENERAL) • 1,756 SF
      Cut Off, LA 70345
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    • Value Estimation by Request
      7,224 SF

      155 51st St

      COMMERCIAL (GENERAL) • 7,224 SF
      155 51st St, Cut Off, LA 70345-2813
      View Details
    • Value Estimation by Request
      2,969 SF

      149 51st St

      COMMERCIAL (GENERAL) • 2,969 SF
      149 51st St, Cut Off, LA 70345-2813
      View Details
    • Value Estimation by Request
      626 SF

      14132 Main St

      COMMERCIAL (GENERAL) • 626 SF
      14132 Main St, Cut Off, LA 70345
      View Details
    • Value Estimation by Request
      2,400 SF

      14141 Main St

      COMMERCIAL (GENERAL) • 2,400 SF
      14141 Main St, Cut Off, LA 70345-2247
      View Details

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    Cut Off, LA 70345
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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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