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    OFF-MARKET
    Commercial real estate

    6229 Park Ave, Houma, LA 70364

    4,000 SF 2.5 ac lot
    Property ID
    US36-0871832
    Property summary
    AI-generated overview

    This exceptional 2.5-acre commercial property in Houma, Louisiana, presents a unique investment opportunity. Located on W. Park Avenue, the site boasts approximately 295 feet of frontage and includes two adjacent lots. One lot is 1.46 acres of undeveloped land, while the other 1-acre lot houses "The Ball Park," an established putt-putt course and batting cage business with a history spanning over 30 years. The property features a 2,600 square foot, century-old structure suitable for office or retail use, and a separate 1,400 square foot building at the rear. The total square footage is 4,000 square feet, offered at $250 per square foot for an asking price of $1,000,000. Its high visibility and location make it ideal for redevelopment into a quick-service restaurant, retail space, or various other commercial ventures. The property's zoning and potential uses should be verified independently. This is a rare chance to acquire a substantial commercial property with significant development potential in a thriving Louisiana market. The address is 6229 W Park Ave, Houma, LA 70364.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,000 SF
    Lot 2.5 ac (108,900 SF)
    UPID US36-0871832
    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
    • The Ball Park Golf Course
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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