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186 Enterprise Dr 2,027 SF 100% Leased Office Building Houma, LA 70360 $369,000 ($182.04/SF)
Executive Summary
Prime Enterprise Drive Location - Income-Producing Property with Room to Grow Location is everything, and this Enterprise Drive property delivers it in a big way. Situated on an oversized lot connecting the two biggest corridors in Houma, MLK Boulevard and West Park, this property enjoys serious visibility, with traffic counts of up to 15,000 vehicles a day. With 100 feet of road frontage and 113 feet of depth, the lot gives the new owner plenty of parking and room to expand, whether that means additional building space, more parking, or future development. On one side sits an income-producing rental unit, and on the other a multipurpose office space, giving a buyer built-in cash flow alongside flexible business space from day one. The property is currently operating as a salon and is move-in ready, but the layout lends itself just as well to office or retail use. This is a great combination of high visibility, income potential, and expansion room in one of Houma's most traveled areas, ready for its next owner to put down roots and grow. ** Priced below appraisal**
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,027 SF
Building Class
C
Year Built
1990
Price
$369,000
Price Per SF
$182.04
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,027 SF
Building FAR
0.09
Lot Size
0.49 AC
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Fairly walkable
50/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 50073 | Improvements Assessment | $15,670 |
| Land Assessment | $5,820 | Total Assessment | $21,490 |
Property Taxes
Parcel Number
50073
Land Assessment
$5,820
Improvements Assessment
$15,670
Total Assessment
$21,490
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186 Enterprise Dr