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    815 Centurion Ln Houma, LA 70360

    Sponsored
    For Sale
    $687,150

    1.05-Acre Commercial Land in Houma, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.05-acre commercial lot, identified as Lot 3-B, is situated within the thriving Cameron Isles Business Park in Houma, Louisiana. The property boasts a prime location on a corner lot, offering excellent visibility and accessibility via a roundabout and side street access. This strategically positioned parcel is part of a dynamic mixed-use development, surrounded by a diverse range of businesses and amenities. Nearby establishments include new multi-family residential units, national retail chains, popular restaurants, and the recently opened South Louisiana Medical Associates medical office. The property's proximity to the future Terrebonne General Healthy Lifestyles Center further enhances its appeal. Recent additions to the area include Aldi and Cavender's, underscoring the ongoing growth and development of this vibrant commercial hub. The permitted zoning is commercial, making this lot ideal for a variety of development opportunities. The asking price for this exceptional property is $687,150. This presents a unique investment opportunity in a rapidly expanding area of Houma, offering significant potential for future growth and return. The property's address is 815 Centurion Ln (3-B), Houma, LA 70360, within Terrebonne Parish. This is a rare chance to acquire a well-located commercial lot in a thriving Louisiana community.

    Property Features for 815 Centurion Ln

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • 1.05‑acre commercial lot (Lot 3‑B) in Cameron Isles Business Park, Houma, LA.
    • Prime corner lot with excellent visibility and accessibility via roundabout and side street.
    • Mixed‑use development with nearby retail, restaurants, and medical facilities including South Louisiana Medical Associates.
    • Zoned commercial, ideal for various development opportunities.
    • Asking price: $687,150. Located at 815 Centurion Ln (3‑B), Houma, LA 70360.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Houma
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.766717
    Latitude
    29.6064309

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    FAQs

    What type of property is this?
    Land - 1.05-Acre Commercial Land in Houma, LA
    Where is this land located?
    The property is located at 815 Centurion Ln Houma, LA.
    What is the asking price?
    The asking price for this property is $687,150.
    What are key features of this property?
    This property features: 1.05-acre commercial lot (Lot 3-B) in Cameron Isles Business Park, Houma, LA.; Prime corner lot with excellent visibility and accessibility via roundabout and side street.; Mixed-use development with nearby retail, restaurants, and medical facilities including South Louisiana Medical Associates.
    (985) 790-4904
    Request Owner's contact information
    815 Centurion Ln Houma, LA 70360
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    Houma, LA 70360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    815 Centurion Ln Houma, LA 70360
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