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    Service Rd Sw Gray, LA 70359

    For Sale
    $675,000

    Commercial - Gray, LA

    Lot size:
    3.40 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for Service Rd Sw

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent Holly Guidry (985) 262-4400

    Listing date Jun 30, 2025

    MLS# 158075 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 Development Property on Highway

    This 3.399-acre property is located off US Hwy 90 (Future I-49) Energy Corridor on LA Hwy 316. The tract has elevations up to 8.2' and is in Flood Zone C. Situated at a high visibility corner, this tract is suitable for commercial or industrial use, a medical plaza, a strip retail center, a food franchise, a hotel, a convenience store/gas station, or an office building. Residential developments within a 2-mile radius include Highland Oaks, Wallace J. Thibodeaux Estates, Northpark Subdivision, and Williamsburg Subdivision. Nearby commercial and industrial developments at the US Hwy 90 interchanges include Danos, the new Cardiovascular Institute of the South Clinic, K & B Machine and Hunting.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Gray
    County
    Terrebonne
    State
    Louisiana
    Longitude
    -90.750716841
    Latitude
    29.684634455

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    FAQs

    What type of property is this?
    Commercial land - 3.399 acres for commercial or industrial use in Gray, LA
    Where is this commercial land located?
    The property is located at Service Rd Sw Gray, LA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Prime development property with HIGH VISIBILITY corner location.; - Situated just off US Hwy. 90 (Future I-49) Energy Corridor on LA Hwy. 316.; - Suitable for various commercial/industrial uses (medical, retail, hotel, etc.).
    (985) 262-4400
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    Service Rd Sw 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
    Service Rd Sw Gray, LA 70359
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