108-Acre Land Tract in
For Sale
$3,248,100
126 Executive Drive, Gray, LA 70359
COMMERCIAL - Gray, LA
Property SizeContact for details
Lot Size108.27 Acres
Days on Market433
Property Features for 126 Executive Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Dead- End Lot, Dead- End Lot
Elementary school district
Terrebonne Parish
Middle school district
Terrebonne Parish
High school district
Terrebonne Parish
Directions
From W Park Ave., right onto Executive Drive
Subdivision
No Area
Standard status
Active
Lot size
108.27 Acres
Taxes and HOA fees
Tax Description
Tract 3 containing +/- 108.27 acres located in Sections 4 & 5, T16S-R16 & R17E
Legal Description
Tract 3 containing +/- 108.27 acres located in Sections 4 & 5, T16S-R16 & R17E
Utilities
Utilities
Electricity Available
Water front features
Waterfront
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
(985) 262-4400
Listed By:
Hank Babin · License #37498
(985) 804-9991
Added: May 29, 2025
Changed: May 14
Last Checked: Aug 4 at 4:06PM
MLS# 2025010219
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is an approximately 108.27-acre tract of raw land situated at the northeast corner of US Highway 90 (Future I49) and Louisiana Highway 24, conveniently located on Louisiana's Energy Corridor. The property, positioned 7 miles south of Thibodaux and 4 miles north of Houma, presents a multitude of development possibilities. The property has no zoning or restrictions and is almost entirely in Flood Zone X. The location could be utilized for commercial, industrial, residential, or multi-use purposes. Access to the property from Louisiana Highway 24 (West Park) is via Executive Drive, near national brands such as Best Western, Tractor Supply, Burger King, Taco Bell, as well as Synergy Bank. Additional adjacent businesses include a mixture of medical, franchises, and governmental services: Southeast Neuroscience Center, Headache & Pain Center, Popeyes, Danos, Cardiovascular Institute of the South, LA State Troop C, H. L. Bourgeois High School and a branch of the Terrebonne Parish Library.
Key Highlights
- Approximately 108.27 acre tract with no zoning or restrictions.
- Located at the Northeast corner of US Highway 90 (Future I49) and LA Highway 24.
- Almost entirely in Flood Zone X.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 70359, LA
9,591
Population
3,768
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
82%
High-School Grad
14.4 sq mi
ZIP Area
666
Density / Sq Mi
$54,139
Median Household Income
$33,058
Median Earnings
$1,119
Median Rent
$161,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Raw land with development possibilities on Louisiana's Energy Corridor.
Where is this commercial land located?
The property is located at 126 Executive Drive Gray, LA.
What is the asking price?
The asking price for this property is $3,248,100.
What are key features of this property?
This property features: Approximately 108.27 acre tract with no zoning or restrictions.; Located at the Northeast corner of US Highway 90 (Future I49) and LA Highway 24.; Almost entirely in Flood Zone X.
