Water Fronting Industrial Site - Houma LA

Vacant Land for Sale
Also listed as Industrial
Catylist Listing ID: 30802391
Property Subtypes: Industrial
Gross Land Area: 18.54 Acres
Sale Price: $2,950,000
Unit Price: $159,115 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2022

Overview / Comments

Oil & Gas Service Co. divesting of RARE OPPORTUNITY to purchase a waterfront property on the Houma Navigational Canal. Canal services barge drat vessels. It heads North/South to the Gulf of Mexico and connects to the Intracoastal Waterway that runs from TX to FL.

Site is mostly stabilized. Some areas may require fill. Approx 660' of water front with bulkhead. In process of removing personal property and will be clean of any items prior to sale. Tanks are not included in the sale.

There is a small 1-story office building that will be sold in as-is condition. No reps and warranties will be made as to the condition of the building, but it was used post Hurricane Ida.

There are slabs that will remain that used to hold mostly metal warehouse buildings. Buyer will need to make their own inspections to determine if they could be repurposed.

Environmental reports are available only after property is under contract. Buyers are required to perform their own Phase 1 or Phase 2 if needed.

SITE DID NOT FLOOD DURING HURRICANE IDA!

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Tax ID/APN: R04-27494
Zoning: HEAVY INDUSTRIAL
Feet of Frontage: 660
Highway Access: Off LA 57
Airports: Houma
Area Description: Heavy and Light Industrial area that predominantly services the Oil and Gas industry.
Lot Frontage: 660
Lot Depth: 2700

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 24,346 58,099
Median Age: 35.08 35.7
Households: 8,806 21,218

Contact

Photograph of Listing Agent

Richard E Juge

RE/MAX Commercial Brokers Inc Metairie, LA 70002
LACDB Member
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