20 Acre Waterfront Industrial Facility near Houma for Sale/Lease

Industrial for Sale
Catylist Listing ID: 29845373
Property Subtypes: Light Industrial
Building Size (RSF): 18,159 SF
Gross Land Area: 20 Acres
Sale Price: $3,500,000
Unit Price: $192.74 PSF
Office SF: 3,999 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/10/2019

Overview / Comments

This 20-acre industrial tract in Gibson, LA is located just West of the Houma-Thibodaux MSA along the Energy Corridor of US Highway 90 (Future I49) from Lafourche Parish to Lafayette. It provides easy access to Hwy 90 for ground transportation as well as easy access to the Gulf Intracoastal Waterway for marine traffic.

The site consists of two tracts: Tract A and Tract B-1. Both sites used to have separate businesses on them but now are owned by the same entity.

Tract A is improved with a 2,400 SF modular office building and a 3,000 SF covered work area. It has some steel bulkhead, a loading ramp, and a crane.

Tract B-1 is improved with a 3,999 SF office building, and a 8,750 SF fabrication building. The office has 12 offices, reception and waiting area, copy room, kitchen and break room, and two ½ baths. The fabrication building is open ended with an approximate eaves height of 50’. There is a portable break room with office on top located adjacent to the fab building (not included in square footage).

The combined sites features ~2,200 linear feet of water frontage along a slip and a private bulkheaded slip. Draft depths are estimated at 12' by the owner.

This property is available for sale or for dockside lease (see lease listing in LACDB).

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.

For additional information, please contact the listing agent, Hank Babin at 985-804-9991.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Tax ID/APN: R08-37167
Total Number of Buildings: 4

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,522 3,585
Median Age: 40.89 38.05
Households: 601 1,339

Contact

Photograph of Listing Agent

Hank Babin, III, CRE

Logan Babin Real Estate Houma, LA 70360
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.