3134 State Rte. 315, Tract A2-A

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3134 State Rte. 315, Tract A2-A

Houma, LA 70360
Asking Price
$350K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spans approximately 1.17 acres of available area.
  • Property is listed for sale at a price of 350,000 dollars.
  • Site is situated along State Route 315 within the Houma market.
  • Land supports versatile development for retail or professional office use.
  • Location provides access to essential regional economic and industrial hubs.

What's Special

This 1.17-acre commercial land parcel at 3134 State Rte. 315 in Houma, Louisiana, provides a strategic development site for investors seeking to capitalize on the region's active industrial and service sectors. The property is well-positioned to support diverse commercial applications, ranging from retail storefronts and professional offices to specialized service facilities. Its location within Houma benefits from the city's established role as a hub for the Gulf Coast energy industry and local commerce. Investors will find this tract suitable for ground-up construction projects that require proximity to established infrastructure and regional transit routes. Houma functions as a primary economic center in Terrebonne Parish, drawing from a consistent regional population and steady commercial traffic. This site presents a functional footprint for businesses looking to establish or expand their physical presence in a growing suburban market in the metro area.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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