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Thibodaux Land Development Opportunity

179 West Park Avenue Thibodaux, LA 70301

179 West Park Avenue, Thibodaux, LA, 70301
$1,800,000
For Sale
$1,800,000

Prime land for development near university and health system.

Lot Size14.98 Acres
Days on Market460

Property Features for 179 West Park Avenue

General Information

Standard status
Active
Lot size
14.98 Acres
Property subtype
Lots/Land
Listing Agency COLDWELL BANKER LARUSSA REAL ESTATE
Listed by Sheila Oncale · License #18748
Source Exitrealty
Added: Apr 16, 2025 Checked: Jul 19 at 3:22 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER LARUSSA REAL ESTATE


Investment Insights

Based on property information with market context.

This land development opportunity in Thibodaux, Louisiana, comprises two parcels totaling approximately 14.98 acres within a Federal Opportunity Zone. The site is located in an established corridor with traffic from Nicholls State University and Thibodaux Regional Health System. The property benefits from high visibility and multiple access points, including a combined frontage of approximately 3594 feet on Percy Brown Road. Parcel A features two corners, including one with four-lane, four-way signalized access via West Park Avenue (LA Hwy 20). Parcel B includes two corners and 1861 feet of frontage on Percy Brown Road, with a combined frontage of 1733 feet on Percy Brown Road. Located within 3 miles is Nicholls State University, a 287-acre campus with a student population of approximately 6,000, ranked #72 in the 2025 Edition of Best Colleges in Regional Universities South and #36 in top Public Universities. Also, within 3 miles is Thibodaux Regional Health System, a 180-bed regional medical center with a 242,000 square foot Wellness Center, with plans underway for Phase 2 expansion. National retailers in the area include Rouses, Walmart Neighborhood Market, and Walgreens. The newly constructed Bayou Country Children's Museum is approximately 1.3 miles away. Vehicles Per Day (VPD) - 17,749 (2023).

Key Highlights

  • Prime land development opportunity consisting of +/- 14.98 acres in a Federal Opportunity Zone.
  • High traffic location with 17,749 Vehicles Per Day (VPD) in 2023.
  • Excellent frontage with multiple access points, including a four‑way signalized intersection on West Park Avenue (LA Hwy 20) and 3594' frontage on Percy Brown Road.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Building Supply Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Barber Shop Electrical Service Computer & Electronic Repair Grocery & Convenience Store

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

FAQs

What type of property is this?
Commercial land - Prime land for development near university and health system.
Where is this commercial land located?
The property is located at 179 West Park Avenue Thibodaux, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Prime land development opportunity consisting of +/- 14.98 acres in a Federal Opportunity Zone.; High traffic location with 17,749 Vehicles Per Day (VPD) in 2023.; Excellent frontage with multiple access points, including a four‑way signalized intersection on West Park Avenue (LA Hwy 20) and 3594' frontage on Percy Brown Road.
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