1702 GR CAILLOU/HWY 57 - 5.57 ACRES INDUSTRIAL/COMMERCIAL TRACT
|Catylist Listing ID:
Hospitality, Industrial, Multi-Family, Office, Retail
|Gross Land Area:
||$134,649 Per Acre
||Cash to Seller
Overview / Comments
Large tract available in an expanding area of East Houma near Munson Slip, Port of Terrebonne, Houma Airbase, and Chabert Hospital. Tract has frontage on Grand Caillou Road with additional 70’ access strip unto Picone Road. Nearby oilfield service companies include Gulf Island Fabrication, LA Ship, NOV, Schottel, K&B Machine, GulfStream Services, and many more.
This is one of the only properties fronting Grand Caillou Road in this area that has access to sewer service (which come through the Picone Road strip). It is also one of the highest tracts nearby with a center elevation of 8.2’. Traffic Counts for 2012 were 19,080 cars daily on this section of LA Hwy 57 (which is being widened to 5 lanes soon).
The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has an 8 Parish retail draw of almost 450,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”. In 2014, Houma was ranked as the 2nd Happiest Place to live in the U.S. and Louisiana was ranked #1 in Business Climate by Business Facilities Magazine. That same year, the U.S. Chamber of Commerce named LA the #1 export state, the #1 state in export growth, and the #2 state for income growth per capita. Most recently in 2015, Site Selection Magazine ranked LA #4 in Business Climate, its 6th straight Top 10 ranking. The magazine also awarded LA their Silver Shovel award in 2015 for the 6th consecutive year while ranking our economic development efforts #2 in the nation. Chief Executive magazine placed LA #7 in its "Best States for Business" in 2015.
For additional information, please contact the listing agent, Hank Babin at 985-804-9991.
Attachments & Media
||Revised Lot 7, Block 2, Medical Services Complex
|Feet of Frontage:
||365' frontage of LA Highway 57, soon to be expanded to 4 lanes of traffic plus a turning lane in front of this tract.
||The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has a 10 Parish retail draw of almost 440,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”.
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