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    1720 Martin Luther King Blvd Houma, LA 70360

    Picture of Commercial land at Martin Luther King Blvd 1720, Houma, LA
    For Sale
    Contact for pricing

    Commercial - Houma, LA

    Lot size:
    0.27 Acres
    Days on Market:
    329
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 1720 Martin Luther King Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.27 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Holly Guidry (985) 262-4400

    Listing date Jan 13, 2025

    MLS# 2023018595 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

    Commercial Land Ground Lease Available

    This commercial land in Houma, Louisiana, is available for ground lease. A build-to-suit option is possible, with a maximum building size of 2,500 square feet. The lease rate is $3,000 per month. The lot size is 0.27 acres. The property is located at 1720 Martin Luther King Blvd. There is no shared parking for buildings up to 800 square feet. Any building over 800 square feet will have shared parking available at $100.00 per parking spot used. Building size dictates the number of parking spots.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.754164
    Latitude
    29.612206

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available for ground lease in Houma, Louisiana.
    Where is this commercial land located?
    The property is located at 1720 Martin Luther King Blvd Houma, LA.
    What is the asking price?
    The asking price for this property is $3,000.
    What are key features of this property?
    This property features: - Ground lease opportunity for a new building.; - Potential for a build-to-suit project.; - Maximum building size of **2,500 sq ft**.
    (985) 262-4400
    Request Owner's contact information
    1720 Martin Luther King Blvd Houma, LA 70360
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    Houma, LA 70360
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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
    1720 Martin Luther King Blvd Houma, LA 70360
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