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High-Visibility Commercial Land
For Sale
$550,000

289 Service Rd SE, Gray, LA 70359

Corner tract near US Highway 90 offers commercial and industrial development potential.

Property SizeContact for details
Days on Market4204

Property Features for 289 Service Rd SE

General Information

Standard status Active
Property subtype Land

Amenities

Water
Sewer
Listing Agency: KW Commercial South
Listed By: Logan Babin
Source: Lacdb.resimplifi
Added: Feb 25, 2015 Changed: Aug 29 Last Checked: Aug 30 at 1:24PM

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 KW Commercial South

Investment Insights

Based on property information with market context.

This 15.42-acre commercial land tract occupies a high-visibility corner along LA Highway 316, just off US Highway 90, identified as the future I-49 Energy Corridor. Elevations reach 6.7 feet, and the property is almost entirely within Flood Zone X.

The site is positioned for commercial or industrial development, with uses identified in the property information including strip retail, a food franchise, hotel, convenience store or gas station, and office space. Surrounding residential development includes Highland Oaks with 239 rooftops, Wallace J. Thibodaux Estates with 252 developed lots, Northpark Subdivision with 67 residential lots in Phase 1, and Williamsburg Subdivision with 68 residential lots in Phase 1.

Nearby commercial and industrial activity includes medical facilities, office parks, corporate and marine offices, and businesses located near US Highway 90 interchanges and along Highway 311. An adjacent 2.989-acre parcel is also available from one of the owners.

Key Highlights

  • 15.42‑acre commercial land tract
  • High‑visibility corner on LA Highway 316 near US Highway 90
  • Elevations up to 6.7 feet; almost entirely in Flood Zone X

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Auto Repair Shop HVAC Service Parking Lot & Garage Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner tract near US Highway 90 offers commercial and industrial development potential.
Where is this commercial land located?
The property is located at 289 Service Rd SE Gray, LA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 15.42‑acre commercial land tract; High‑visibility corner on LA Highway 316 near US Highway 90; Elevations up to 6.7 feet; almost entirely in Flood Zone X
More about this property
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