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Property profile & analytics
OFF-MARKET
Medical Office Space

8019 Park Ave Houma, LA 70364-3360

Individually Owned 3-yr Hold Free & Clear
Property ID
US36-1113075
Property summary
AI-generated overview

This exceptional 3,090-square-foot office space, located in the heart of Downtown Houma, presents a unique opportunity for businesses seeking a versatile and recently renovated property. Built in 1962 and extensively renovated in 2015, this Class B building boasts a desirable blend of modern amenities and classic charm. The single-tenant space features 9-10-12 foot ceilings, refinished wood floors, and ample natural light. The layout includes a reception area, a secretary area, two conference rooms (one upstairs, one downstairs), eight individual offices, three bathrooms, and a convenient kitchenette. The property sits on a 0.2-acre lot (8,400 square feet) and includes 12 parking spaces – a mix of covered and open parking. The building is fully fenced and features a back wood deck. Utilities are provided by the City of Houma. The property is zoned C2 and is conveniently located near the hospital and courthouse, offering easy access for clients and employees. The building is two stories tall, and while it does not have an elevator, the high ceilings and thoughtful layout create a spacious and comfortable work environment. Property taxes are $0.53 per square foot. This adaptable space previously served as a recording studio, worship center, and meeting facility, demonstrating its versatility and potential for a wide range of uses.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
APN 21147
UPID US36-1113075
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
  • Mainwave Media Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mega Beast Commercial Rlt · 3 yrs held
Mega Beast Commercial Rlt
since 2022
2 recorded transactions
2022
$275,000
2010
$285,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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