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    Property profile & analytics

    359 Hwy 55 Bourg, LA 70343-5102

    • Commercial land
    • 6.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US36-1132216
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for 359 Hwy 55

    Lot size
    6.00 lot acres
    Property type
    Commercial land
    APN
    29624
    APU
    29624

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bourg
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.5734
    Latitude
    29.5287
    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
    $118
    $1,140
    $0.00
    $1,140
    -
    $11,400
    $0.00
    $11,400

    Comparable in this City

    • Value Estimation by Request
      79.60 Acres

      165 Hwy 55

      VACANT COMMERCIAL LAND • 79.60 Acres
      165 Hwy 55, Bourg, LA 70343-5201
      View Details
    • Value Estimation by Request
      2.00 Acres

      318 Old Milwaukee Ct

      VACANT COMMERCIAL LAND • 2.00 Acres
      318 Old Milwaukee Ct, Bourg, LA 70343
      View Details
    • Value Estimation by Request
      6.00 Acres

      4447 St Andrew St

      VACANT COMMERCIAL LAND • 6.00 Acres
      4447 St Andrew St, Bourg, LA 70343-5431
      View Details
    • Value Estimation by Request
      25.00 Acres

      4419 St Andrew St

      VACANT COMMERCIAL LAND • 25.00 Acres
      4419 St Andrew St, Bourg, LA 70343-5431
      View Details
    • Value Estimation by Request
      0.17 Acres

      220 Lowr Country Dr

      VACANT COMMERCIAL LAND • 0.17 Acres
      220 Lowr Country Dr, Bourg, LA 70343-5002
      View Details
    • Value Estimation by Request
      44.00 Acres

      405 Hwy 55

      VACANT COMMERCIAL LAND • 44.00 Acres
      405 Hwy 55, Bourg, LA 70343-5104
      View Details

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      Waterfront lot in Bourg, LA, perfect for building a dream home.
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    359 Hwy 55
    Bourg, LA 70343-5102
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    Realmo Value Estimation

    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.

    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.

    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
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