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$ 3,850,000
Est. payment /mo
Active
1791 Martin Luther King Blvd Houma, LA 70360
5.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 161895
Lot Size 5.500 Acres
Property Sub-Type Commercial
Property Description
Now available for sale is a 5.523-acre commercial development site located at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, Louisiana. Positioned within the city's primary retail corridor, the property offers outstanding visibility, accessibility, and flexibility for a wide variety of commercial development opportunities. The site is ideally suited for phased development with a conceptual layout accommodating two highly visible commercial pad sites fronting Martin Luther King Jr. Boulevard connected by a shared access drive leading to a larger interior development parcel capable of supporting a neighborhood shopping center, medical office development, retail center, or a single commercial user. The property's dimensions and configuration provide flexibility while maximizing frontage and access. Commercial activity surrounding the property continues to accelerate. RaceTrac is currently constructing a new convenience store immediately south of the property, validating the strength of this highly visible intersection. Additional commercial development is occurring throughout the corridor as national retailers continue to expand within Houma's dominant retail market. The property benefits from substantial utility infrastructure. Public sanitary sewer is already available along the Martin Luther King Jr. Boulevard frontage, while public water is being extended across the frontage as part of the adjacent RaceTrac development. Electric service, natural gas, fiber optic telecommunications, and other public utilities are readily available to support future commercial development. A majority of the property is located within Flood Zone X, enhancing its attractiveness for commercial development and potentially reducing flood insurance requirements compared to properties located entirely within special flood hazard areas. See also MLS Nos. 161899,125474 & 159427.
Location
State LA
County Terrebonne
Direction On north side of Westside Blvd. and MLK
Exterior
Fence None
Utilities Available Electricity Available
Private Pool false
Building
Lot Description Corner Lot
Sewer Comm. Sewer
Water Public
Schools
Elementary Schools Terrebonne Parish
Middle Schools Terrebonne Parish
High Schools Terrebonne Parish
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition As Is
Listed by KELLER WILLIAMS REALTY BAYOU P
Schools Near

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