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1915 Bayou Blue Rd

8,125 SF Retail Building Houma, LA 70364 $525,000 ($65/SF) 9.26% Cap Rate

Retail Buildings Louisiana Houma 1915 Bayou Blue Rd, Houma, LA 70364

Investment Highlights

  • Above average sales
  • Dollar General S & P Rating: BBB
  • Top 5% of all stores in this district or region of stores

Executive Summary

9.26% CAP RATE
Above average sales - contact Broker for more information. Performance wise, this location sits in the top 5% of all stores in this district or region of stores. Located across the street from Bayou Blue Public School Houma is the largest city in, and the parish seat of, Terrebonne Parish in the U.S. state of Louisiana. It is also the largest principal city of the Houma-Bayou Cane-Thibodaux metropolitan statistical area.

Attachments

1915 Bayou Blue Road

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,125 SF
Building Class
B
Year Built
2003
Price
$525,000
Price Per SF
$65
Cap Rate
9.26%
NOI
$48,620
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.83 AC
Parking
56 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
136 FT on Bayou Blue Road
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PROPERTY TAXES

Parcel Number 53772 Improvements Assessment $39,810
Land Assessment $11,230 Total Assessment $51,040

PROPERTY TAXES

Parcel Number
53772
Land Assessment
$11,230
Improvements Assessment
$39,810
Total Assessment
$51,040
(303) 623-0200

Contact

  • Listing ID: 30323173

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 1915 Bayou Blue Rd, Houma, LA 70364

More public record information on 1915 Bayou Blue Rd, Houma, LA 70364

The Retail Property at 1915 Bayou Blue Rd, Houma, LA 70364 is currently available for sale. Contact Antonoff & Company Brokerage, Inc. for more information.

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1915 Bayou Blue Rd, Houma, LA for sale Building Photo- Image 1 of 6
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1915 Bayou Blue Rd, Houma, LA for sale Building Photo- Image 2 of 6
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1915 Bayou Blue Rd, Houma, LA for sale Building Photo- Image 3 of 6
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1915 Bayou Blue Rd
(303) 623-0200 x

1915 Bayou Blue Rd

Jeffrey Hirschfeld

(303) 623-0200

(303) 623-0200

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