$495,000

5709 W Park Ave Houma, LA 70364

Estimated payment $3,757/month

Total Views 1,251
2.38 Acres
$207,983 Price per Acre
103,673 Sq Ft Lot

About This Lot

This retail listing is for the former Furniture Place building located on West Park Ave. in front of the AMC Theaters and near the Southland Mall and Martin Luther King Blvd. retail corridor. Approximately 22,300 SF was the furniture stores showroom, office, and shipping/receiving. ~13,200 SF was additional storage in the former 4-screen movie theater area. The building suffered significant roof and A/C damage caused by Hurricane Ida. It is unknown if anything is salvageable, so the price reflects the land value only. But the space is ready for a new venture along the high traffic corridor connecting the Houma-Thibodaux MSA. This is a 2.38 acre, hard-lit corner on West Park Ave. that had a measured traffic count of 19,622 cars per day. There is access on West Park and Idlewood Dr.

Listing Agent

Hank Babin

LOGAN H. BABIN REAL ESTATE License #57860 Listed on: 10/01/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,720

Lot Details

  • 2.38 Acre Lot
  • Corner Lot

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$12,720

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Lot Size: 226 x 414 x 279 x
  • ResoOtherEquipment: None
  • Subdivision Name: Other
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot
  • Acres: 2.38
  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Terrebonne Parish

Lot Info

  • Fencing: None
  • Lot Size Sq Ft: 103672.8

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,720 $125,800 $72,450 $53,350
2023 $12,720 $124,250 $72,450 $51,800
2022 $11,978 $124,250 $72,450 $51,800
2021 $10,585 $116,480 $72,450 $44,030
2020 $10,887 $124,250 $72,450 $51,800
2019 $11,836 $124,250 $72,450 $51,800
2018 $12,374 $124,250 $72,450 $51,800
2017 $12,431 $124,250 $72,450 $51,800
2015 $11,641 $119,780 $69,000 $50,780
2014 $11,734 $119,780 $0 $0
2013 $11,907 $119,780 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 For Sale $495,000 -- --
Source: Bayou Board of REALTORS®

Similar Property in Houma, LA

  • 1520 Grand Caillou Rd, Houma, LA 70363

    $550,000

    • Land
    • 2.15 Acres
    • $255,814 per Acre
    • 1520 Grand Caillou Rd
    • Houma, LA

    Prime commercial opportunity! This 2+ acre lot on Grand Caillou Road is situated in a high-traffic area close by restaurants, a hospital, and key local businesses. The property offers excellent visibility and accessibility, making it supreme for development. A damaged home is currently on-site and will be torn down with a reasonable offer. Don’t miss this chance to invest in a rapidly growing

    Shanisha Fletcher The Sage Firm

    Section Image

Source: Bayou Board of REALTORS®

MLS Number: 2024018276

Bayou Board of REALTORS®

APN: 58899