Professional Office Building

Office for Sale
Catylist Listing ID: 30335058
Property Subtypes: Office Building
Building Size (RSF): 4,444 SF
Gross Land Area: 21,200 SF
Sale Price: $415,000
Unit Price: $93.38 PSF
Property Use Type: Business
Building Name: Morris P Hebert, Inc. - Building B
Class of Space: Class B
Usable Size (USF): 4,444 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2019

Overview / Comments

~ 4,444 SF office building in Houma. Building contains 9 offices, full kitchen and break room, waiting room/copy room, and plenty of climate controlled storage. Set on ~.5 acres of land with 15+ parking spaces.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Taxing Authority: Terrebonne Parish Consolidated Government
Tax ID/APN: R02-9230
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: Office located on just under 1/2 acre lot in the middle of Houma. Close proximity to dining and industrial areas.
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: 1
Number of Stories: 1
Year Built: 1990
Construction/Siding: Aluminum Siding, Brick
Parking Type: Surface
Total Parking Spaces: 15
Heat Type: Electricity
Heat Source: Central
Internet Access: Cable, DSL, T1/T3, Dialup
Lot Frontage: 95 feet
Lot Depth: 235 feet
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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