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    1789 Martin Luther King Blvd Houma, LA 70360

    For Sale
    $8,440,000

    Commercial - Houma, LA

    Lot size:
    25.00 Acres
    Days on Market:
    249
    Last Refresh:
    Dec 7 at 3:06 am

    Property Features for 1789 Martin Luther King Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Corner Lot
    Lot size
    25.00 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Holly Guidry (985) 262-4400

    Listing date Apr 3, 2025

    MLS# 161899 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

    Prime Commercial Land on MLK

    This 25.0-acre commercial property is a hard-lit corner located on Martin Luther King Blvd, a major retail corridor within the Houma-Thibodaux MSA. Zoned C2-General Commercial, the tract is situated on a highly desirable corner in Terrebonne Parish. It features 1,167 feet of frontage on Martin Luther King Blvd and 879 feet of frontage on Westside Blvd, a new traffic artery connecting the mixed-use area of Park & Main to the Hwy 311 residential corridor. Martin Luther King Blvd serves as a multi-parish retail hub, hosting numerous national and regional retailers, restaurants, franchises, auto dealers, and medical users. The property is available for purchase in its entirety or subdivided into smaller sections, subject to negotiation. The location benefits from the strong traffic count and retail draw of Martin Luther King Blvd.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.759393
    Latitude
    29.619984

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    FAQs

    What type of property is this?
    Commercial land - 25 acres of commercial land on a major retail corridor.
    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: - Prime hard-lit corner location on Martin Luther King Blvd, the major retail corridor of the Houma-Thibodaux MSA.; - Zoned C2-General Commercial, offering a wide range of development possibilities.; - High visibility with 1,167' of frontage on MLK and 879' on Westside Blvd.
    (985) 262-4400
    Request Owner's contact information
    1789 Martin Luther King Blvd 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
    1789 Martin Luther King Blvd Houma, LA 70360
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