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Retail Development Land at Signalized Corner

1789 Martin Luther King Blvd Houma, LA 70360

1789 Martin Luther King Blvd, Houma, LA, 70360
$8,440,000
For Sale
$8,440,000

COMMERCIAL - Houma, LA

Lot Size23.00 Acres
Days on Market1927

Property Features for 1789 Martin Luther King Blvd

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Lot size
23.00 Acres

Taxes and HOA fees

Tax Description
Houma Development Tract

Utilities

Utilities
Electricity Available
Sewer type
Public Sewer
Listing Agency KELLER WILLIAMS REALTY BAYOU P
6273 W Park Avenue, Houma, LA
Listed by Hank Babin · License #37498
Added: Apr 9, 2021 Checked: Jul 18 at 12:06 am
MLS# 161899 Listing URL

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 23-acre commercial development site is positioned at a signalized intersection and is being planned with flexible configurations for both retail pads and larger anchor tracts. The conceptual development layout contemplates five retail pad sites fronting Martin Luther King Jr. Boulevard, along with two larger anchor tracts served by shared access from Martin Luther King Jr. Boulevard and Westside Boulevard. The site is being prepared to support a range of commercial uses, including restaurants and quick-service restaurants, financial institutions, medical users, automotive service, retail, grocery, entertainment, fitness, hospitality, and community shopping center concepts.

The corner has been validated by national retailers, with RaceTrac currently constructing its newest location on a recently sold corner tract. An additional pad site is presently under contract, reinforcing demand within this retail corridor. Planned infrastructure improvements are underway, including an extension of public water across the frontage as part of the RaceTrac development and a Parish-approved sanitary sewer extension along the Martin Luther King Jr. Boulevard frontage that is contractually required for another pad purchaser. Electric, natural gas, and fiber optic telecommunications are available to support future development.

For buyers or developers seeking a multi-parcel approach, the site’s mix of smaller retail pad areas and larger anchor tract sizes provides room to tailor the tenant mix while maintaining consolidated access design. Nearby growth includes the development of a Terrebonne General Health System Health & Wellness Center immediately west of the property.

Key Highlights

  • Commercial development opportunity at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, LA
  • Flexible site configurations from approximately 1‑acre retail pad sites to anchor parcels of nearly 11 acres
  • Concept includes five retail pad sites fronting Martin Luther King Jr. Boulevard plus two larger anchor tracts with shared access

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - Flexible corner land offering retail pad and larger anchor tract configurations with utilities available for future development.
Where is this commercial land located?
The property is located at 1789 Martin Luther King Blvd Houma, LA.
What is the asking price?
The asking price for this property is $8,440,000.
What are key features of this property?
This property features: Commercial development opportunity at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, LA; Flexible site configurations from approximately 1‑acre retail pad sites to anchor parcels of nearly 11 acres; Concept includes five retail pad sites fronting Martin Luther King Jr. Boulevard plus two larger anchor tracts with shared access
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