Professional Office Buildings with Yard

Office for Sale
Catylist Listing ID: 30333786
Property Subtypes: High-Tech, Medical, Mixed Use, Flex Space, Office Building
Building Size (RSF): 14,896 SF
Gross Land Area: 102,523 SF
Sale Price: $1,500,000
Unit Price: $100.70 PSF
Property Use Type: Vacant/Owner-User
Building Name: Morris P Hebert, Inc. - Building A
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2019

Overview / Comments

~14,896 SF office building in Houma. Property consists of 3 main buildings - Bldg. A provides 21 offices, waiting area, conference room, copy room, large “bull-pen”, great for cubicle work stations or storage, 3 bathrooms, & a full kitchen. Bldg. C has 3 offices (420 SF) and ~1380 SF of climate controlled storage, including an office & bathroom. Bldg. D has ~2780 SF of office (8 offices) including a meeting room and bathroom; along with 2720 SF of workshop which includes an office & bathroom. Set on ~2.35 acres of land with over 20 parking spots.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Taxing Authority: Terrebonne Parish Consolidated Government
Tax ID/APN: R02-9742
Zoning: C2
Property Located Between: Hollywood Road and Tunnel Blvd.
Property Visibility: Good
Highway Access: 1/2 Mile from LA Hwy 311 & ~8 miles from US Hwy 90 (Future I49)
Airports: Houma-Terrebonne Airport
Site Description: The site consist of 3 tracts of land and includes 3 main buildings on ~2.35 acres with 20+ parking spaces. 32 offices, one “bull-pen” area
Area Description: The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has an 8 Parish retail draw of almost 450,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”. In 2014, Houma was ranked as the 2nd Happiest Place to live in the U.S. and Louisiana was ranked #1 in Business Climate by Business Facilities Magazine. That same year, the U.S. Chamber of Commerce named LA the #1 export state, the #1 state in export growth, and the #2 state for income growth per capita. Most recently in 2015, Site Selection Magazine ranked LA #4 in Business Climate, its 6th straight Top 10 ranking. The magazine also awarded LA their Silver Shovel award in 2015 for the 6th consecutive year while ranking our economic development efforts #2 in the nation. Chief Executive magazine placed LA #7 in its "Best States for Business" in 2015.
Total Number of Buildings: 3
Number of Stories: 15
Year Built: 1990
Construction/Siding: Brick, Brick/Vinyl Siding
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,046 41,503 68,018
Median Age: 36.04 36.56 35.27
Households: 2,053 16,107 25,409

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