$8,440,000

1789 Martin Luther King Blvd Houma, LA 70360

Estimated payment $52,704/month

Total Views 3,944
25 Acres
$337,600 Price per Acre
1,089,000 Sq Ft Lot

Highlights

  • 25 Acre Lot
  • Lisa Park Elementary School Rated A-
  • Corner Lot

About This Lot

25.0 acres, hard lit corner located on the Houma-Thibodaux MSA's major retail corridor of Martin Luther King Blvd. The property is available to purchase as a whole or subdivided into smaller sections (subject to $/SF negotiation). Zoned C2-General Commercial, this tract is located on one of the most desired corners in Terrebonne Parish, Property has 1,167' of frontage on MLK and 879' for frontage on Westside Blvd. (a new traffic artery connector between the mixed-use area of Park & Main to the Hwy 311 residential corridor. MLK is a Multi-Parish retail hub featuring numerous national and regional retailers, restaurants, franchises, auto dealers and medical users. Wal-Mart, Target, Sam's Club, Home Depot, Lowe's, Academy, Best Buy, Pet Smart, Hobby Lobby, Rouse's, Honda, Nissan, Harley Davidson, Chick-fil-A, Starbucks, McDonalds, Burger King, IHOP, Arbys, Mooyah, Chili's, Olive Garden, Outback, and Smoothie King all rely on the strong traffic count and retail draw of MLK. Please note that the Seller has additional tracts available on MLK ranging from 3.5 to 5 acres (and sub-available) as well as the hard lit corner of Hwy. 311 and Savanne Road. Please see MLS Nos. 125474, 159427,161895.

Listing Agent

Hank Babin

LOGAN H. BABIN REAL ESTATE License #57860 Listed on: 04/09/2021

Property Details

Property Type

  • Land

Lot Details

  • 25 Acre Lot
  • Lot Dimensions are 1167 x 2320 x 69 x 1025 x 879
  • Corner Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Lot Size: 1167 X 2320 X 69 X 1025 X 879
  • Subdivision Name: Other
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot
  • Acres: 25
  • Pool Private: No

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Terrebonne Parish

Lot Info

  • Fencing: None
  • Lot Size Sq Ft: 1089000

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2021 04/09/21 For Sale $8,440,000 -- --
Source: Bayou Board of REALTORS®

Source: Bayou Board of REALTORS®

MLS Number: 161899

Bayou Board of REALTORS®
Louisiana Terrebonne Parish Houma 70360

1789 Martin Luther King Blvd, Houma, LA

For Sale

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Hank Babin
Listing Agent
Hank Babin
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LOGAN H. BABIN REAL ESTATE
(985) 283-3926