Property profile

6797 Byu Black Dr Gibson, LA 70356

OFF-MARKET
Medical Office Space
Property ID
US36-1049177
28.9 ac lot
Individually Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 56.7-acre industrial property in Gibson, Louisiana (70356), offers significant development potential. Zoned Heavy Industrial (HI), APN R08-61735, the site boasts approximately 28,500 square feet of vacant space within a multiple-tenancy structure. The property includes substantial waterfront access on Bayou Black, featuring approximately 1,570 linear feet of riverfront with approximately 22 feet of water depth and approximately 900 feet of bulkhead. Existing infrastructure includes a 550-ton waterfront boom hoist crane, a 5,000 square foot pavilion building, portable offices, a guard entrance building, and a truck scale structure with a functioning truck scale. The land itself comprises approximately 47.1 acres of developable land and approximately 34 acres of compacted limestone yard. This Terrebonne Parish location is ideally situated within a thriving industrial hub supporting scrap and recycle operations, as well as offshore plug, abandon, and decommission work. The property is available for sale or lease.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 28.9 ac (1,258,884 SF)
APN 61735
UPID US36-1049177

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6797 Byu Black Dr Gibson, LA 70356
Gibson metro Census 1600 HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2009
1 recorded transaction
2009
$3.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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