State Rte. 315, Tract B

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State Rte. 315, Tract B

Houma, LA 70360
Asking Price
$295K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land tract spanning 6.67 total acres
  • Available for purchase at an asking price of $295,000
  • Located directly on State Rte. 315 in Houma, Louisiana
  • Positioned within the growing Houma-Thibodaux regional economy
  • Suitable for industrial storage or commercial development projects

What's Special

Priced at $295,000, this 6.67-acre commercial land parcel sits along State Rte. 315 in Houma, Louisiana. The property offers substantial frontage and acreage for development in a region known for its strong ties to the maritime and energy sectors. As part of the larger Houma-Thibodaux metropolitan area, this site benefits from access to regional transport corridors and the local industrial economy. The expansive size and strategic positioning make this tract suitable for a variety of commercial site plans, including logistics facilities, equipment storage, or specialized industrial support operations. Investors and developers will find this site provides a functional footprint for projects requiring proximity to major thoroughfares in Terrebonne Parish. The surrounding landscape is characterized by its growth in commercial and industrial service capabilities, supporting diverse business requirements across the submarket. Its dimensions allow for flexible site design tailored to specific commercial or industrial utility needs.

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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011

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