15K SF Industrial Building in Terrebonne Opportunity Zone

Industrial for Sale
Catylist Listing ID: 30605613
Property Subtypes: Light Industrial
Building Size (RSF): 15,400 SF
Gross Land Area: 7 Acres
Sale Price: $1,250,000
Unit Price: $81.17 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2021

Overview / Comments

Light industrial Building For Sale or Lease in Terrebonne's Opportunity Zone. This recently built light industrial building has a total of 15,400 SF and lies close to U.S. Highway 90/Future I49. The property is ~7 acres total with 1.3 acres currently being limestone stabilized yard area.

The office/shop building is 8,250 SF. The office area is 2,000 SF with 5 offices (1 of which is a shop office), conference room/executive office, break area, reception office, waiting area, bathrooms, and file room. The shop is 5,000 SF with a shop bathroom. In addition, their is 1,250 SF of covered work area.

The office eaves height is 12' and the shop eaves height is 24'. There are 3 overhead doors into the shop area, each ~16' high. The shop frame was designed for cranes to be added, if needed. The shop has 3-phase power with 400A, 600V service.

A recent addition to the facility is a 7,150 SF covered area with utilities.

The property is about 7 acres total. There is ~13,000 SF of limestone stabilized parking area (with concrete handicap accessible space). An additional 1.3 acres of limestone yard stabilization is behind the fence and rolling gate.

The property is conveniently situated to access the Highway 90/Future I49 Energy Corridor from Port Fourchon to Lafayette. Highway 90 East is only 4.9 miles utilizing Highway 182 while Highway 90 West is 3.9 miles down Highway 316.

Please see the images attached for overhead aerials and interior pictures. For additional information, contact listing agent Logan "Hank" Babin, iii at 985-804-9991.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Taxing Authority: Terrebonne Parish
Tax ID/APN: R03-13381
Property Located Between: City of Houma and U.S. Highway 90
Highway Access: The property sits on LA Highway 316. U.S. Highway 90 (East to Fourchon and New Orleans) is 4.9 miles using LA Highway 182. U.S. Highway 90 (West to Morgan City and Lafayette) is 3.9 miles using LA Highway 316.
Amps: 400
Volts: 600
X-Phase: 3-Phase

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,024 16,657 61,377
Median Age: 32.09 32.6 34.83
Households: 667 6,009 22,902


Photograph of Listing Agent

Hank Babin, III, CRE

Logan Babin Real Estate Houma, LA 70360
LACDB Member
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