370 Van Ave, Houma, LA 70363-6736
This exceptional single-tenant industrial property, located in Terrebonne Parish, Louisiana, offers 9,255 square feet of versatile space ideal for manufacturing, research and development, or warehousing operations. Built in 1990 and extensively renovated in 2021, the building boasts a modern and efficient layout within a single-story structure. The entire 9,255 square feet is currently vacant, presenting a unique opportunity for immediate occupancy. The property sits on a lot ranging from one to 1.25 acres, providing ample space for expansion or outdoor storage. Fifteen parking spaces are available for employees and visitors. The property is zoned for industrial use, ensuring flexibility for a variety of businesses. Its strategic location in Houma offers convenient access to major transportation routes, enhancing logistical efficiency. The recent renovations ensure the building is in excellent condition, minimizing upfront capital expenditures for the new tenant. This turnkey solution combines modern amenities with a prime location, making it an attractive investment for businesses seeking a functional and well-maintained industrial space. The property's single-tenant occupancy simplifies management and provides a clear, straightforward investment opportunity. The combination of size, location, and recent renovations makes this property a highly desirable asset in the Terrebonne Parish industrial market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.