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Commercial Land for Sale in Houma, Louisiana

1789 Martin Luther King Blvd, Houma, LA 70360

$8,440,000
23 acres
Active sale
Est $60,813/mo

Commercial development opportunities are now available at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, Louisiana. Flexible site configurations ranging from approximately one-acre retail pad sites to anchor parcels of nearly eleven acres make this property ideal for a wide variety of commercial development opportunities. The corner has already been validated by national retailers, with RaceTrac currently constructing its newest location on the recently sold corner tract. An additional pad site is presently under contract, demonstrating continued market demand within this highly desirable retail corridor. The proposed development concept includes five retail pad sites fronting Martin Luther King Jr. Boulevard together with two larger anchor tracts served by shared access from Martin Luther King Jr. Boulevard and Westside Boulevard. The conceptual layout provides flexibility for restaurants, quick-service restaurants, financial institutions, medical users, automotive service, retail, grocery, entertainment, fitness, hospitality, and community shopping center development. The property benefits from planned infrastructure improvements already underway. Public water is being extended across the frontage as part of the RaceTrac development, while the purchaser of another pad site is contractually obligated to construct a Parish-approved sanitary sewer extension along the Martin Luther King Jr. Boulevard frontage. Electric, natural gas, fiber optic telecommunications, and other public utilities are available to support future commercial development. Adding to the area's continued growth, Terrebonne General Health System is developing an approximately $75 million Health & Wellness Center immediately west of the property. Please see MLS Nos. 161895, 125474, 159427.

Location

Street address
1789 Martin Luther King Blvd
Zip code
70360
School district
Terrebonne Parish
Elevation
3 feet
Coordinates
29.6196, -90.7601

Directions

On corner of Martin Luther King Blvd. and Westside Blvd.

Property details

Acreage
23 acres
MLS #
BBOR 161899
Posted

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Lot

Features
Corner Lot

Structure

Sewer
Public Sewer

Property utilities

CategoryTypeStatus
PowerGridAvailable

Listing history

DateEventPriceChangeSource
Jan 21, 2025New listing$8,440,000BBOR
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This 23-acre property is located at 1789 Martin Luther King Blvd in Houma, LA 70360. The land is available for sale, priced at $8,440,000 — $366,957 per acre.

Listed by Keller Williams Realty Bayou Partners, (985) 262-4400

Checked 2 hours agoUpdated Source

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