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Property profile & analytics
OFF-MARKET
Warehouses

296 La-3185 Thibodaux, LA 70301

4,000 SF 1.14 ac lot Built 2004
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 2004
Total area 4,000 SF
Lot 1.14 ac (49,658 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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