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Commercial Land at Highway Corner
For Sale
$657,000

289 Service Road SE lot F G H I J K F, Gray, LA 70359

Land, Gray, LA

Property SizeContact for details
Lot Size18.22 Acres
Days on Market4260

Property Features for 289 Service Road SE lot F G H I J K F

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Bayou Blue
Lot features Level, Split Possible
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
APN 7780
Lot size 18.22 Acres

Taxes and HOA fees

Tax Description Tract FGHIJKF on Plat entitled Map Showing Property & adjacent tract containing 2.8 acres
Legal Description Tract FGHIJKF on Plat entitled Map Showing Property & adjacent tract containing 2.8 acres

Utilities

Utilities Electricity Available
Listing Agency: KELLER WILLIAMS REALTY BAYOU P
Listed By: Hank Babin · License #57860
Added: Feb 24, 2015 Changed: Oct 23 Last Checked: Oct 24 at 4:06PM
MLS# 117650

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The 18.22-acre commercial land offering comprises two parcels: one of 15.42 acres and another of 2.8 acres, to be conveyed through separate Acts of Sale. Elevations reach 6.7 feet, and nearly all of the tract is in Flood Zone X. Electricity is available.

The property is on LA Highway 316 near US Highway 90. Commercial and industrial activity at US 90 interchanges includes the Danos corporate headquarters, a Cardiovascular Institute of the South facility, medical offices, light industrial office parks, and offices for K+B Machine, BP, Rouse's, Hunting, and Laborde Marine. Residential subdivisions within a 2-mile radius include Highland Oaks, Wallace J. Thibodaux Estates, Northpark Subdivision, and Williamsburg Subdivision.

Key Highlights

  • 18.22 acres offered across two parcels of 15.42 acres and 2.8 acres
  • Corner property on LA Highway 316 near US Highway 90
  • Elevations reach 6.7 feet; nearly the entire tract is in Flood Zone X

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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

Frequently Asked Questions

What type of property is this?
Commercial land - Electricity is available at this corner tract along LA Highway 316 near US Highway 90.
Where is this commercial land located?
The property is located at 289 Service Road SE lot F G H I J K F Gray, LA.
What is the asking price?
The asking price for this property is $657,000.
What are key features of this property?
This property features: 18.22 acres offered across two parcels of 15.42 acres and 2.8 acres; Corner property on LA Highway 316 near US Highway 90; Elevations reach 6.7 feet; nearly the entire tract is in Flood Zone X
More about this property
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