1144 Grand Caillou Rd Houma, LA 70363-6070
Property profile & analytics
1144 Grand Caillou Rd Houma, LA 70363-6070
- Retail space
- 0.54 lot acres
Property ID
US36-0827726
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.
Location Intelligence
Current Use by Public Records
- UPS Access Point location / Courier Service / Postal Service
- Advance Auto Parts / Auto Parts Store
Property Details for 1144 Grand Caillou Rd
- Lot size
- 0.54 lot acres
- Property type
- Retail space
- APN
- 21797
- APU
- 21797
Description
This exceptional investment opportunity presents a fee-simple ownership of a 6,124 square foot Advance Auto Parts store located at 1144 Grand Caillou Rd, Houma, LA 70363. Built in 2008, this single-story building sits on a 0.53-acre lot and boasts a 7.50% cap rate with a strong NOI of $95,000. The property benefits from a 15-year absolute NNN lease with 7.2 years remaining, expiring December 31, 2031. The lease includes three, five-year renewal options with 5% rent bumps. Advance Auto Parts, a nationally recognized and credit-rated (S&P Rated: BBB-) corporation, provides a corporate guarantee for the lease. The tenant is responsible for all property expenses including HVAC, CAM, taxes, and insurance. This prime retail location enjoys high visibility and traffic counts exceeding 22,500 vehicles daily on Grand Caillou Rd. The surrounding area features numerous national retailers, including Walmart, Sonic, Chick-fil-A, and more. The property benefits from a strong demographic profile, with a 3-mile population of 29,411 and a 5-mile population of 60,365, boasting an average household income of $75,015 annually. This is a rare opportunity to acquire a stable, high-performing investment property with a blue-chip tenant in a thriving retail market. The asking price is $1,266,667.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.6904
- Latitude
- 29.5782
- 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
$7,013
$10,300
$63,610
$73,910
-
$103,000
$424,067
$527,067
