421 W Tunnel Blvd Houma, LA 70360

$565,000

Active / MLS# 2025005088 / Commercial - Retail / Houma

0 Beds

10080 SqFt

Located along West Tunnel Boulevard, this approximately 10,997 square foot mixed-use investment property offers stable in-place income with clear value-add potential. The property is anchored by Rent-A-Center occupying 6,539 square feet under a long-term lease with renewal options and structured rent increases. An additional 3,273 square feet of retail space is currently vacant, providing immediate lease-up opportunity. The asset also includes a 1,185 square foot rear apartment generating supplemental income. Situated on approximately 0.54 acres with strong corridor visibility, the property reflects an approximate 8% in-place cap rate with projected double-digit returns upon stabilization. This offering presents a balanced investment profile combining durable tenancy, income growth potential, and measurable upside through lease-up.

Property Details

Property Type: Commercial - Retail

Cooling: Central Air

Heating: Central

Lot Size: 0.54 Acres

Roof Type: Metal

Stories: 1.0

Amenities

Roof Sign

Feature Descriptions

Area: No Area

Days on Site: 353

Electric: Other Electricity

Exterior: Metal Const

Flooring: Ceramic Tile

Foundation: Slab

Parking Features: Parking Lot

Sewer: Public Sewer

SQFT Total: 10080

Utilities: Natural Gas Not Available

Water: Public

Window Features: Display Window(s)

Listed By / Shown By

Listed By

Agency Name: Canal & Main Realty
Agency Phone: 985-868-5230
Agent Name: Shantelle Abshire

Shown By

Agency Title: Compass
Agency Phone: (866) 794-1022

Our Offices

Acadiana

Lafayette 2000 Kaliste Saloom Road Lafayette, LA 70508 (337) 233-9700

New Iberia 209 West Main Street New Iberia, LA 70560 (337) 365-9700

Youngsville 220 Prescott Boulevard, Ste 101-B Youngsville, LA 70592 (337) 856-2323
Baton Rouge

Perkins 7414 Perkins Road, Suite 200 Baton Rouge, LA 70808 (225) 769-1500
Central Louisiana

Alexandria 4615 Parliament Drive, Suite 100 Alexandria, LA 71303 (318) 445-7653

DeRidder 427 North Pine Street, Suite C DeRidder, LA 70634 (337) 202-1901
New Orleans Northshore

Mandeville 1151 North Causeway Boulevard Mandeville, LA 70471 (985) 626-5695

Covington 806 S Tyler Street Covington, LA 70433 (985) 626-8589

Slidell 1400 Gause Boulevard Slidell, LA 70458 (985) 641-1000
New Orleans Southshore

Garden District 2734 Prytania Street New Orleans , LA 70130 (504) 895-4663

Historic District 840 Elysian Fields Avenue New Orleans, LA 70117 (504) 948-3011

Kenner 2400 Veterans Memorial Boulevard, Suite 130 Kenner, LA 70062 (504) 443-6464

Metro 1041 Veterans Boulevard, Suite 200 Metairie, LA 70005 (504) 888-4585

Uptown 200 Broadway Street, Suite 142 New Orleans, LA 70118 (504) 866-2785

Uptown (Maple Street) 7934 Maple Street New Orleans, LA 70118 (504) 861-7575

Westbank 3001 General DeGaulle Boulevard, Suite B New Orleans, LA 70114 (504) 362-1823
Mississippi

Bay St. Louis 1021 Highway 90 Bay St. Louis, MS 39520 (228) 467-1602

Biloxi 2554 Beach Boulevard, Suite D Biloxi, MS 39531 (228) 388-4430
River Parishes

Destrehan 3 Riverbriar Court Destrehan, LA 70047 (985) 764-8744
Southwest Louisiana

Lake Charles 2082 West Walnut Street, Suite 101 Lake Charles, LA 70601 (337) 436-6639

Real estate agents ready to serve you | Browse homes and real estate for sale

Latter & Blum

430 Notre Dame St.

New Orleans, LA 70130

(866) 794-1022

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/10/2026. The listing information on this page last changed on 03/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/10/2026 12:08:11 AM EST) or Fort Polk MLS (last updated Mon 03/09/2026 11:31:25 PM EST) or SWLAR MLS (last updated Mon 03/09/2026 11:35:18 PM EST) or Greater Baton Rouge MLS (last updated Mon 03/09/2026 11:30:30 PM EST) or GSREIN MLS (last updated Tue 03/10/2026 12:07:35 AM EST) or Bayou MLS (last updated Mon 03/09/2026 11:20:55 PM EST) or Pearl River MLS (last updated Mon 03/09/2026 11:24:23 PM EST) or GCLAR MLS (last updated Mon 03/09/2026 11:12:15 PM EST) or Realtor Association of Acadiana (last updated Mon 03/09/2026 11:22:40 PM EST) or MLS United (last updated Tue 03/10/2026 12:06:21 AM EST). Real estate listings held by brokerage firms other than Compass may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility

Agency License Information: Latter & Blum | Compass is licensed in Louisiana, Texas and Mississippi.

Property Details

Amenities

Feature Descriptions

Listed By / Shown By

Our Offices

Follow Us

Login to My Homefinder