Property profile

1500 Grand Caillou Rd Houma, LA 70363

FOR SALE
Retail space
Property ID
US36-0965674
1.93 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Houma, Louisiana industrial property, located at 1500 Grand Caillou Rd, offers a versatile blend of warehouse, office, and storage space, ideal for a variety of businesses. The property boasts a total area of 3,361 square feet, encompassing a 2,410 square foot warehouse/office section complete with a kitchen area. A separate 951 square foot office/apartment unit features a full bathroom and its own kitchen, providing ample space for management or additional staff. Convenient covered storage adds another 1,495 square feet of protected space. Three warehouse roll-up doors ensure efficient loading and unloading. Situated on approximately 1.925 acres of land, the property offers significant frontage (194.80 feet) on LA Highway 57 (Grand Caillou Road), providing excellent visibility and accessibility. Ample parking is available for employees and clients. Built in 2002, this property presents a unique opportunity in the thriving Houma industrial market. The property's strategic location at the intersection of Grand Caillou and Moffet Roads offers convenient access to major transportation routes and local amenities. The asking price is $385,000. This is a rare opportunity to acquire a well-maintained and strategically located industrial property in Terrebonne Parish, Louisiana. The zip code is 70363.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 1.93 ac (83,853 SF)
APN 25859
UPID US36-0965674

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company

Location

1500 Grand Caillou Rd Houma, LA 70363
Houma metro Census 800 HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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