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High-Visibility Commercial Land
For Sale
$550,000

289 Service Road SE, Gray, LA 70359

Land, Gray, LA

Property SizeContact for details
Lot Size15.42 Acres
Days on Market4232

Property Features for 289 Service Road SE

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Bayou Blue
Elementary school district Terrebonne Parish
Middle school district Terrebonne Parish
High school district Terrebonne Parish
Directions Southwest corner of U.S. Highway 90 & LA Hwy. 316.
Standard status Active
Lot size 15.42 Acres

Taxes and HOA fees

Tax Description Tract FGHIJKF on Plat entitled Map Showing Propert
Legal Description Tract FGHIJKF on Plat entitled Map Showing Propert

Utilities

Utilities Electricity Available
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Hank Babin · License #57860
Added: Feb 24, 2015 Changed: Sep 18 Last Checked: Sep 26 at 3:06AM
MLS# 117650

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 15.42-acre commercial land tract is positioned at a high-visibility corner along LA Hwy 316, just off the US Hwy 90 corridor. Much of the property has elevations of 6.6 feet, with current Flood Zone C and A designations and a proposed Flood Zone X designation covering almost the whole tract.

The site is adjacent to expanding single-family residential subdivisions and near office and industrial development. Electricity is available, and the property is identified for potential industrial, retail, food service, hotel, convenience, gas station, or office development.

Key Highlights

  • 15.42 acres of commercial land
  • High‑visibility corner along LA Hwy 316
  • Just off the US Hwy 90 corridor, designated Future I‑49

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Restaurant Auto Repair Shop HVAC Service Parking Lot & Garage Storage Facility Carpet & Flooring Store

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 with electricity available near expanding residential, office, and industrial development.
Where is this commercial land located?
The property is located at 289 Service Road 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 acres of commercial land; High‑visibility corner along LA Hwy 316; Just off the US Hwy 90 corridor, designated Future I‑49
More about this property
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