Valentine Paper Mill (43 Acres)

Industrial for Sale
Catylist Listing ID: 30356991
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Building Status: Proposed
Building Size (RSF): 188,894 SF
Gross Land Area: 42.31 Acres
Sale Price: $1,550,000
Unit Price: $8.21 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2019

Overview / Comments

Previously the Valentine Paper Mill and one of the largest employers in Lafourche Parish, this facility has the infrastructure and foundation to handle heavy industrial use. The complex boasts 18 buildings totaling 188,894 sq ft. Some of the characteristics include 300,000 sq ft of limestone stabilization, 125,000 sq ft of concrete parking, and 5,900 sq ft of chain link fencing. There is a total of 42 acres of land, bayou side waterfront property with road frontage on Hwy 308. The site has the infrastructure to accommodate light to heavy Industrial and the warehouse capacity for major distribution. It also contains multiple heavy capacity cranes in multiple buildings.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Lafourche
Tax ID/APN: 0072657000
Highway Access: Frontage on Hwy 308
Total Number of Buildings: 18
Property Condition: Poor
Year Built: 1953
Year Renovated: 1991
Exterior Description: Multiple buildings with differing materials used from steel frame and metal siding to brick and concrete.
Parking Type: Surface
Overhead Cranes: 3
Sprinklers: Wet

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,170 8,052
Median Age: 31.59 37.44
Households: 380 2,988

Contact

Photograph of Listing Agent

Bradley Cook

Stirling Properties
Covington, LA
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