Office / Warehouse

Office for Sale
Sale Pending/Contingent
Also listed as Industrial
Catylist Listing ID: 30154197
Property Subtypes: Flex Space
Status: Pending/Contingent
Building Size (RSF): 21,700 SF
Gross Land Area: 2.89 Acres
Sale Price: $550,000
Unit Price: $25.35 PSF
Property Use Type: Vacant/Owner-User
Building Name: Oceaneering Facility
Class of Space: Class B
Usable Size (USF): 21,700 SF
Sale Terms: Cash to Seller
Last Updated: 7/11/2018

Overview / Comments

This property is well located in south Houma near the Houma-Terrebonne Airport. It consists of three buildings containing upgraded office space, climate controlled warehouse space, non-climate controlled warehouse space and a shop area that is used to work on materials and equipment. The property also contains a large rear (38,899 sq.ft.) fenced-in, stabilized yard that is used for parking and as a laydown yard.

The property sits on three separate parcels of land that are leased from the Houma-Terrebonne Airport Commission. The lease term expires in stages; however, we have been told that a new buyer can request, and should receive from the Commission, a new ten year lease on all three parcels. As a government agency, they are motivated to continue to renew land leases unlike a private land owner. Any offer can be contingent on the Purchaser receiving a ten year lease, and the list price has already been adjusted with the assumption a lease will be granted. Please call Martin O. Miller III at (504) 838-0001 for more clarification.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Taxing Authority: Terrebonne Parish
Property Located Between: Near Houma Airport
Property Visibility: Excellent
Airports: Houma Airport
Total Number of Buildings: 3
Number of Stories: 1
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,227 25,810 61,677
Median Age: 34.14 34.94 35.51
Households: 1,754 9,634 22,925


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.