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Property profile & analytics
FOR SALE
Retail space

1500 Grand Caillou Rd Houma, LA 70363

1.93 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US36-0965674
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bailey Industries General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
NOEL LEE FOREMAN
NOEL LEE FOREMAN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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