296 La-3185 Thibodaux, LA 70301
This 4,000 square foot industrial property in Thibodaux, Louisiana, presents a compelling investment opportunity. Located at 296 LA-3185, this single-tenant flex/warehouse building boasts a strong 8.25% cap rate and a net operating income (NOI) of $43,243. The property, built in 2004, sits on a 1.14-acre lot and features 14-foot ceilings and two dock-high doors, providing ample space for storage and operations. Currently 100% occupied by Atmos Energy Corporation, an S&P 500 company, under a gross lease with 4.5 years remaining, this investment offers stability and predictable income. The property's strategic location off US Highway 90, near the Port Fourchon, provides excellent access to major transportation routes and a thriving industrial hub. The asking price is $525,000, translating to $131.25 per square foot. This represents a rare chance to acquire a high-performing industrial asset in a dynamic Louisiana market. The property includes fenced outside storage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.