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Property profile & analytics
OFF-MARKET
Lifestyle centers

16245-16273 Main St Cut Off, LA 70345

58,750 SF Built 1970
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Year built 1970
Total area 58,750 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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