115 Menard Rd Houma, LA 70363
For Sale
This exceptional industrial property in Houma, Louisiana, presents a unique investment opportunity. Located on approximately 31 acres between Bayou Dularge and Menard Road, with Intracoastal Waterway access, this site boasts significant waterfront advantages. The property comprises two parcels, the primary one situated east of Bayou Dularge Road and north of Menard Road, and a secondary parcel at Menard Road's eastern end. Ideal for waterfront industrial businesses, the site includes a substantial 2,220 linear feet of water frontage, enhanced by approximately 800 feet of bulkhead. The existing improvements encompass 43,278 square feet of buildings, featuring a two-story, 13,400 square foot office building with 9-foot ceilings. Extensive shop space includes 29,878 square feet of steel fabrication shops with reinforced concrete foundations. Fabrication Building 1 offers a 30-foot eave height and 20-foot bay spacing, while Fabrication Building 2 features approximately 28-foot eave height and 25-foot bay spacing. A 1,458 square foot mechanic shop boasts approximately 18-foot eave height and 25-foot bay spacing, also with a reinforced concrete foundation. The property also includes a stabilized yard perfect for lay-down, with approximately 23,000 square feet of concrete and 29,000 square feet of limestone laydown areas. Additional features include approximately 600 linear feet of fencing, a private mechanical sewerage system, a mooring bit, and a total asking price of $4,900,000. The property's APN is R10-41004. The address is 115 Menard Rd, Houma, LA 70363.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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