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    126 Executive Dr Gray, LA 70359

    Picture of Commercial land at Executive Dr 126, Gray, LA
    For Sale
    $3,248,100

    Commercial - Gray, LA

    Lot size:
    108.27 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 126 Executive Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Dead-end Lot
    Lot size
    108.27 Acres

    Building Details

    Architectural style
    Other

    Bayou Partners Investments, LLC (985) 262-4400 [email protected]

    Listing agent Holly Guidry (985) 262-4400

    Listing date Sep 15, 2025

    MLS# 2025010219 Listing URL

    Copyright © 2025 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    108-Acre Land Tract in Gray

    This is an approximately 108.27-acre tract of raw land located at the northeast corner of US Highway 90 (Future I-49) and LA Highway 24, conveniently situated on Louisiana's Energy Corridor. The property, located 7 miles south of Thibodaux and 4 miles north of Houma, presents a multitude of development possibilities, including commercial, industrial, residential, or multi-use. The land has no zoning or restrictions and is almost entirely in Flood Zone X. Access to the property from LA Highway 24 (West Park) is via Executive Drive, near national brands such as Best Western, Tractor Supply, Burger King, Taco Bell, and Synergy Bank. Adjacent businesses include Southeast Neuroscience Center, Headache & Pain Center, Popeyes, Danos, Cardiovascular Institute of the South, LA State Troop C, H. L. Bourgeois High School, and a branch of the Terrebonne Parish Library. This listing is one of three from the same sellers on the NW, NE, and SW corners of US Highway 90 and LA Highway 24.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gray
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.78153032
    Latitude
    29.682401557

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    FAQs

    What type of property is this?
    Commercial land - Raw land on Louisiana's Energy Corridor with development potential.
    Where is this commercial land located?
    The property is located at 126 Executive Dr Gray, LA.
    What is the asking price?
    The asking price for this property is $3,248,100.
    What are key features of this property?
    This property features: - Approximately 108.27 acre tract with no zoning or restrictions, offering a multitude of development possibilities.; - Located at the Northeast corner of US Highway 90 (Future I49) and LA Highway 24, on Louisiana's Energy Corridor.; - Almost entirely in Flood Zone X.
    (985) 262-4400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Executive Dr Gray, LA 70359
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