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    5709 W Park Ave Houma, LA 70364

    For Sale
    $495,000

    Commercial - Houma, LA

    Lot size:
    2.38 Acres
    Days on Market:
    103
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 5709 W Park Ave

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent Holly Guidry (985) 262-4400

    Listing date Aug 25, 2025

    MLS# 2024018276 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 Retail Land Opportunity

    This retail listing features the former Furniture Place building, situated on a 2.38-acre hard-lit corner lot on West Park Avenue. The property is located in front of the AMC Theaters and near the Southland Mall and Martin Luther King Blvd. retail corridor. The site benefits from high traffic, with a measured count of 19,622 cars per day. The former furniture store comprised approximately 22,300 square feet, encompassing showroom, office, and shipping/receiving areas. An additional ~13,200 square feet was utilized as storage in the former 4-screen movie theater section. The building sustained significant roof and A/C damage due to Hurricane Ida. The price reflects the land value. Access is available from both West Park Avenue and Idlewood Drive. This location is ready for a new venture along the high traffic corridor connecting the Houma-Thibodaux MSA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.759153
    Latitude
    29.640603

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    FAQs

    What type of property is this?
    Retail property - 2.38-acre corner lot in high-traffic Houma retail corridor.
    Where is this retail property located?
    The property is located at 5709 W Park Ave Houma, LA.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - High-traffic location on West Park Ave. with 19,622 cars per day.; - **2.38-acre hard-lit corner lot.**; - Located in front of AMC Theaters and near Southland Mall and Martin Luther King Blvd. retail corridor.
    (985) 262-4400
    Request Owner's contact information
    5709 W Park Ave Houma, LA 70364
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    Houma, LA 70364
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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
    5709 W Park Ave Houma, LA 70364
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