Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    175 Thompson Rd Houma, LA 70363

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    175 Thompson Rd Houma, LA 70363

    View on Map
    • Warehouses
    • 0.67 lot acres
    For Lease
    View Listing →
    Houma Industrial Warehouse for Lease For Lease
    Contact for pricing
    11,400 SF

    Houma Industrial Warehouse for Lease

    11,400 SF industrial warehouse in high-activity commercial corridor.

    175 Thompson Rd, Houma, LA 70363
    View Listing
    Property ID
    US36-1061052
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tamco Professional Coatings Inc / Painting

    Property Details for 175 Thompson Rd

    Lot size
    0.67 lot acres
    Property type
    Warehouses
    APN
    55579
    APU
    55579

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.6816
    Latitude
    29.5447
    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
    $7,135
    $2,930
    $71,520
    $74,450
    -
    $29,300
    $476,800
    $506,100

    Comparable in this City

    • Value Estimation by Request

      356 Van Ave

      WAREHOUSE, STORAGE
      356 Van Ave, Houma, LA 70363
      View Details
    • Value Estimation by Request
      4.11 Acres

      128 Woodlawn Rnch Rd

      WAREHOUSE, STORAGE • 4.11 Acres
      128 Woodlawn Rnch Rd, Houma, LA 70363
      View Details
    • Value Estimation by Request

      105 Woodlawn Rnch Rd

      WAREHOUSE, STORAGE
      105 Woodlawn Rnch Rd, Houma, LA 70363-7128
      View Details
    • Value Estimation by Request

      8646 Park Ave

      WAREHOUSE, STORAGE
      8646 Park Ave, Houma, LA 70363-3771
      View Details
    • Value Estimation by Request

      8572 Park Ave

      WAREHOUSE, STORAGE
      8572 Park Ave, Houma, LA 70363-3677
      View Details
    • Value Estimation by Request

      306 Peach St

      MINI-WAREHOUSE, STORAGE
      306 Peach St, Houma, LA 70363
      View Details

    Similar Nearby for Sale

    • $315,000
      3,361 SF

      Houma Warehouse/Office on Large Lot

      Warehouse/office with covered storage on 1.925 acres in Houma.
      1500 Grand Caillou Rd, Houma, LA 70363
      View Details
    • Contact for pricing
      10,639 SF

      Office Warehouse on Corner Lot

      Two-story office/warehouse with laydown yard and covered storage.
      2156 Denley Rd, Houma, LA 70363
      View Details
    • $1,300,000
      3.50 Acres

      Houma Commercial Property with Waterfront

      Commercial property with warehouse, offices, and waterfront access.
      1005 Saadi St, Houma, LA 70363
      View Details
    • $950,000

      Industrial Warehouse with Large Yard

      Free-standing warehouse with office, lay-down yard, owner financing.
      1824 Grand Caillou Rd, Houma, LA 70363
      View Details
    • Contact for pricing
      8,800 SF

      Renovated Industrial Property with Warehouse

      Recently renovated industrial property with warehouse and lay down yard.
      111 Dickson Rd, Houma, LA 70363
      View Details
    • $149,000
      2,018 SF

      Houma Warehouse with Additional Building

      Warehouse with additional building on leased land near airport.
      9888 E Main St, Houma, LA 70363
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse Space in Houma

      Warehouse space for lease with convenient access and ample parking.
      166 Thompson Rd, Houma, LA 70363
      View Details
    • $3,500 /Mo
      5,430 SF

      Houma Commercial Space For Lease

      Industrial and office spaces available for lease in Houma, LA.
      3512 Industrial Avenue A, Houma, LA 70363
      View Details
    • $3,500 /Mo
      5,430 SF

      Industrial Property with Multiple Buildings

      Versatile industrial property featuring multiple buildings and ample storage.
      3512 Industrial Avenue A, Houma, LA 70363
      View Details
    • Contact for pricing

      Houma Industrial Warehouse for Lease

      11,400 SF industrial warehouse in high-activity commercial corridor.
      175 Thompson Rd, Houma, LA 70363
      View Details
    • Contact for pricing

      Grande Caillou Road Outparcel

      Outparcel on heavily trafficked road, ground lease or build-to-suit.
      561 Grand Caillou Rd, Houma, LA 70363
      View Details
    • $1,200 /Mo
      900 SF

      Retail Space in Prime Location

      900 SF retail/restaurant/office space in high-traffic Houma location.
      814 Grand Caillou Rd, Houma, LA 70363
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    175 Thompson Rd
    Houma, LA 70363
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    175 Thompson Rd, Houma, LA, 70363
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!