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    2655 W Park Ave Gray, LA 70359

    For Sale
    $575,000

    Commercial - Gray, LA

    Property size:
    2,144 SF
    Lot size:
    12.43 Acres
    Days on Market:
    261
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 2655 W Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,144 SF
    Lot size
    12.43 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Full, Tile, Tile - Ceramic
    Building materials
    Brick
    Architectural style
    Other

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

    Listing agent Holly Guidry (985) 262-4400

    Listing date Mar 26, 2025

    MLS# 165030 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

    Versatile Land with Office Conversion

    This property features 12.433 acres of land suitable for various uses, including light industrial, commercial/industrial development, residential development, or a mixed-use site. Located approximately 2 miles north of US Hwy. 90 (future I-49) on LA Highway 24 in the Houma-Thibodaux MSA, the tract includes a 2,144 square-foot home that could be converted into an office space or used as a rental property. The existing structure contains three offices (bedrooms), one full bath, a breakroom (kitchen), and a reception area (living room), along with a two-car garage and a storage barn. Additionally, the property includes an 11,194 square-foot batture area that could be utilized for company signage or potential billboard revenue. The land is almost entirely cleared, with some trees located towards the rear near the drainage canal. Almost the entire tract is in current Flood Zone C and DFIRM Flood Zone X.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.791262
    Latitude
    29.709231

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    FAQs

    What type of property is this?
    Commercial land - 12.43 acres suitable for commercial, industrial, or residential development.
    Where is this commercial land located?
    The property is located at 2655 W Park Ave Gray, LA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - 12.433 acres suitable for light industrial, commercial/industrial, residential, or mixed-use development.; - Located 2 miles north of US Hwy. 90 (future I-49) in the Houma-Thibodaux MSA.; - Includes a 2,144 SF home convertible to office space or rental property.
    (985) 262-4400
    Request Owner's contact information
    2655 W Park Ave Gray, LA 70359
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    Gray, LA 70359
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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
    2655 W Park Ave Gray, LA 70359
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