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    Property profile & analytics

    203 Canal Blvd Thibodaux, LA 70301

    • Commercial real estate
    • 31,449 SF
    • 1.96 lot acres
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Location Intelligence
    Property ID
    US36-1571350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Motel 6 Thibodaux LA / Motel

    Property Details for 203 Canal Blvd

    Lot size
    1.96 lot acres
    Property size
    31,449 SF
    Property type
    Commercial real estate
    APN
    52867250
    APU
    52867250

    Description

    This exceptional 1.96-acre commercial property, located at 203 N Canal Boulevard in Thibodaux, Louisiana, presents a unique investment opportunity. Boasting 85,440 square feet and 236 feet of frontage on N Canal Boulevard, this site offers unparalleled visibility and accessibility. Its strategic position on Thibodaux's premier commercial corridor places it within close proximity to a thriving retail landscape, including national brands such as Rouses Supermarket, CVS, Domino's, Five Guys, Smoothie King, Chick-fil-A, McDonald's, TJ Maxx, and Planet Fitness, ensuring high foot traffic and brand recognition. The property's former use as a hotel provides a solid foundation for redevelopment or repurposing, with convenient access points from all three surrounding roads and highways. Its location is also highly advantageous, being approximately one mile from Nicholls State University and one mile from downtown Thibodaux, catering to a diverse customer base. This property offers significant potential for a variety of commercial ventures, capitalizing on its prime location and substantial size. The asking price is $1,800,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Thibodaux
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.8166
    Latitude
    29.8009
    CBSA code
    26380
    CBSA name
    HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,225
    $38,000
    $93,750
    $131,750
    -
    $380,000
    $625,000
    $1,005,000

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    203 Canal Blvd
    Thibodaux, LA 70301
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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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