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    391 Highway 20 Thibodaux, LA 70301

    For Sale
    $1,246,000

    Commercial - Thibodaux, LA

    Lot size:
    38.20 Acres
    Days on Market:
    210
    Last Refresh:
    Dec 9 at 9:06 pm

    Property Features for 391 Highway 20

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent Holly Guidry (985) 262-4400

    Listing date May 14, 2025

    MLS# 2024003511 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

    Thibodaux Land for Residential Development

    Two development tracts, each slightly more than 38 acres, are available north of Thibodaux on LA Highway 20. Suited for residential development, the tracts are located near the new Chackbay Elementary School, which is ¼ mile to the north. A Chackbay Fire Department station is situated directly in front on Highway 20 to the south. One tract, located at approximately 391 LA Highway 20, consists of +/- 38.2 acres and is listed for $1,246,000.00. This tract features approximately 1,795’ of frontage on Hwy 20 and is located just to the north of Chackbay Elementary School.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Thibodaux
    County
    Lafourche
    State
    Louisiana
    Longitude
    -90.803058219
    Latitude
    29.860665643

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    FAQs

    What type of property is this?
    Commercial land - Two 38-acre tracts near school and fire station on Highway 20.
    Where is this commercial land located?
    The property is located at 391 Highway 20 Thibodaux, LA.
    What is the asking price?
    The asking price for this property is $1,246,000.
    What are key features of this property?
    This property features: - Approximately 38 acres of acreage for residential development.; - Located on LA Highway 20, just North of Thibodaux.; - Proximity to the new Chackbay Elementary School (¼ mile North).
    (985) 262-4400
    Request Owner's contact information
    391 Highway 20 Thibodaux, LA 70301
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    Thibodaux, LA 70301
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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
    391 Highway 20 Thibodaux, LA 70301
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