Prime Commercial Acreage in Houma

Vacant Land for Sale
Catylist Listing ID: 30340560
Property Subtypes: Hospitality, Industrial, Office, Retail-Pad, Self Storage, Other
Gross Land Area: 95,825 SF
Sale Price: $570,000
Unit Price: $5.95 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/7/2019

Overview / Comments

2.2 acres Tract of land located in the heart of Houma. This property is within 1 mile of MLK Boulevard which is the retail center of Houma. Property contains a 2000 SF metal building (40x50x14) with two automatic roll up doors (20x12).

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Taxing Authority: Terrebonne Parish Consolidated Government
Tax ID/APN: R02-9588
Zoning: I1
Property Located Between: Tunnel Blvd and Hwy 311
Property Visibility: Good
Legal Description: TRACT M-R AS SHOWN ON "MAP SHOWING TRACT M-R AS CARVED OUT OF VALHI, INC. IN SECTION 101 T17S R17E" CONTAINING 2.6266 ACRES. LESS 0.3884 ACRES EXCHANGED WITH E.M. GLYNN, INC. CB 990/891. LESS TRACT 30' BY 325' DONATED TO TERREBONNE PARISH CONSOLIDATED GOVERNMENT. CB 2182/352. LESS PARCEL NO. 3-3 STATE PROJECT NO. 742-55-0107 HOLLYWOOD ROAD RECONSTRUCTION SOLD TO TERREBONNE PARISH CONSOLIDATED GOVERNMENT.
Largest Nearby Street: Highway 311, Tunnel Blvd/Martin Luther King Blvd.
Highway Access: 1/2 Mile from LA Hwy 311 & ~8 miles from US Hwy 90 (Future I49)
Airports: Houma-Terrebonne Airport
Area Description: 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.
Lot Frontage: ~205 ft.
Lot Depth: ~550 ft.
Zoning Description: I1
Topography: Level
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,046 40,370 68,018
Median Age: 36.04 36.75 35.27
Households: 2,053 15,658 25,409

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The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.