Retail Development Land at Signalized
For Sale
$8,440,000
1789 Martin Luther King Blvd, Houma, LA 70360
Land, Houma, LA
Property SizeContact for details
Lot Size23.00 Acres
Days on Market1963
Property Features for 1789 Martin Luther King Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Corner Lot, Corner Lot
Elementary school district
Terrebonne Parish
Middle school district
Terrebonne Parish
High school district
Terrebonne Parish
Directions
On corner of Martin Luther King Blvd. and Westside Blvd.
Subdivision
No Area
Standard status
Active
Lot size
23.00 Acres
Taxes and HOA fees
Tax Description
Houma Development Tract
Legal Description
Houma Development Tract
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
(985) 262-4400
Listed By:
Hank Babin · License #37498
(985) 804-9991
Added: Apr 9, 2021
Changed: Aug 19
Last Checked: Aug 23 at 11:06PM
MLS# 161899
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 23-acre commercial development site is positioned at a signalized intersection and is being planned with flexible configurations for both retail pads and larger anchor tracts. The conceptual development layout contemplates five retail pad sites fronting Martin Luther King Jr. Boulevard, along with two larger anchor tracts served by shared access from Martin Luther King Jr. Boulevard and Westside Boulevard. The site is being prepared to support a range of commercial uses, including restaurants and quick-service restaurants, financial institutions, medical users, automotive service, retail, grocery, entertainment, fitness, hospitality, and community shopping center concepts.
The corner has been validated by national retailers, with RaceTrac currently constructing its newest location on a recently sold corner tract. An additional pad site is presently under contract, reinforcing demand within this retail corridor. Planned infrastructure improvements are underway, including an extension of public water across the frontage as part of the RaceTrac development and a Parish-approved sanitary sewer extension along the Martin Luther King Jr. Boulevard frontage that is contractually required for another pad purchaser. Electric, natural gas, and fiber optic telecommunications are available to support future development.
For buyers or developers seeking a multi-parcel approach, the site’s mix of smaller retail pad areas and larger anchor tract sizes provides room to tailor the tenant mix while maintaining consolidated access design. Nearby growth includes the development of a Terrebonne General Health System Health & Wellness Center immediately west of the property.
The corner has been validated by national retailers, with RaceTrac currently constructing its newest location on a recently sold corner tract. An additional pad site is presently under contract, reinforcing demand within this retail corridor. Planned infrastructure improvements are underway, including an extension of public water across the frontage as part of the RaceTrac development and a Parish-approved sanitary sewer extension along the Martin Luther King Jr. Boulevard frontage that is contractually required for another pad purchaser. Electric, natural gas, and fiber optic telecommunications are available to support future development.
For buyers or developers seeking a multi-parcel approach, the site’s mix of smaller retail pad areas and larger anchor tract sizes provides room to tailor the tenant mix while maintaining consolidated access design. Nearby growth includes the development of a Terrebonne General Health System Health & Wellness Center immediately west of the property.
Key Highlights
- Commercial development opportunity at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, LA
- Flexible site configurations from approximately 1‑acre retail pad sites to anchor parcels of nearly 11 acres
- Concept includes five retail pad sites fronting Martin Luther King Jr. Boulevard plus two larger anchor tracts with shared access
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Explore this area
Business Placement
Demographics for 70360, LA
28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Flexible corner land offering retail pad and larger anchor tract configurations with utilities available for future development.
Where is this commercial land located?
The property is located at 1789 Martin Luther King Blvd Houma, LA.
What is the asking price?
The asking price for this property is $8,440,000.
What are key features of this property?
This property features: Commercial development opportunity at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, LA; Flexible site configurations from approximately 1‑acre retail pad sites to anchor parcels of nearly 11 acres; Concept includes five retail pad sites fronting Martin Luther King Jr. Boulevard plus two larger anchor tracts with shared access
