Lain Gorman

1791 Martin Luther King Blvd , Houma, LA 70360

$3,850,000
  • 1791 Martin Luther King Blvd , Houma, LA 70360 Main Photo

5 Photos

New to the Market Active
LOT SIZE 5.500 acres MLS#161895
STATUSActive PROPERTY TYPELand - Commercial SCHOOLTerrebonne Parish

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.

1791 Martin Luther King Blvd | MLS# 161895

This land located at 1791 Martin Luther King Blvd , Houma, LA 70360 is currently listed for sale with an asking price of $3,850,000. The property has approximately 5.50 Acres. Martin Luther King Blvd is located within the Terrebonne Parish school district. Search Houma real estate on laingorman.wurthre.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 5.50 Acres

Feature Descriptions

Days on Site: 5
Exclusions: Other Resrv
Fencing: None
Lot: Corner Lot, Level
Lot Dimensions: 331 X 714 X 613 X 415
Parcel#: 16725
Sewer: Community Sewer
Utilities: Electricity Available
Water: Public

Local Schools

School District: Terrebonne Parish

Listed By / Shown By

Listed By

Agency Name: KELLER WILLIAMS REALTY BAYOU P
Agency Phone: 985-262-4400

Shown By

Agent Name: Lain Gorman
Agent Phone:
Agency Title: Wurth Real Estate Services

IDX logo

Estimate Your Payment

Estimated Payment

$ 9,691.35 per month $8,568.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,122.92 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder