4155 Byu Black Dr Houma, LA 70360-2906
Property profile & analytics
4155 Byu Black Dr Houma, LA 70360-2906
- Retail space
- 1.21 lot acres
Property ID
US36-1756063
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.
Location Intelligence
Current Use by Public Records
- Western Union / Bank / Credit Union
- Dollar General / Discount Store
Property Details for 4155 Byu Black Dr
- Lot size
- 1.21 lot acres
- Property type
- Retail space
- APN
- 65295
- APU
- 65295
Description
This exceptional 9,100 square foot shopping center, located at 4155 Bayou Black Drive in Houma, Louisiana, presents a compelling investment opportunity. Built in 2014, the property boasts a strong lease in place, an absolute NNN lease structure, providing a passive income stream. The lease commenced on February 26, 2014, and extends until February 27, 2029, offering long-term stability. The property's Net Operating Income (NOI) is $103,548, yielding an attractive 7.25% capitalization rate, based on the asking price of $1,218,211. The center is strategically positioned on Bayou Black Drive, a major thoroughfare in the area, benefiting from high visibility and accessibility. The location enjoys minimal retail competition and proximity to key community amenities and employers. Strong demographics further enhance the property's value, with average household incomes exceeding $99,719 within a three-mile radius and $98,166 within a five-mile radius. Furthermore, its convenient location, less than seven miles from downtown Houma, ensures a robust customer base. The property is zoned for commercial use, providing flexibility for future development or expansion. This is a rare opportunity to acquire a well-performing retail asset in a thriving Louisiana market. The property's strong financials, prime location, and long-term lease make it an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.8287
- Latitude
- 29.5961
- 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
$10,648
$17,680
$85,630
$103,310
-
$176,800
$570,867
$747,667
