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    3019 Barrow St Houma, LA 70360

    Sponsored
    For Sale
    $1,600,000

    5 Acres, C2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial land offering presents a rare opportunity to acquire 5.045 acres of prime real estate in Houma, Louisiana. Strategically located across from the Houma Convention Center, this property boasts high visibility and accessibility, benefiting from significant traffic volume. The site comprises two contiguous tracts, totaling 5.045 acres, and is zoned C2 General Commercial, allowing for a wide range of development possibilities. Tract A encompasses 2.437 acres, while Tract D measures 436x179x367x379 feet (2.608 acres). The combined parcels offer significant potential for commercial ventures. While utilities are readily available in the surrounding area, they are not currently connected to the property. A 2018 traffic count recorded 10,870 vehicles passing this location daily, underscoring its prime commercial potential. The seller will not divide the property; it must be purchased as a single, contiguous 5.045-acre parcel. This presents a unique chance to secure a substantial land holding in a thriving Louisiana market, ideally suited for a variety of commercial developments. The address is 3019 & 3037 Barrow Street, Houma, LA 70360.

    Property Features for 3019 Barrow St

    General Information

    Property type
    Land
    Lot Size
    219,760 SF

    HighLights

    • $1,600,000 asking price.
    • 5.045‑acre commercial land parcel.
    • Located at 3019 & 3037 Barrow St, Houma, LA 70360.
    • C2 General Commercial zoning.
    • Across from Houma Convention Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.7242801
    Latitude
    29.5780128

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    FAQs

    What type of property is this?
    Land - 5 Acres, C2 Zoning, High Traffic
    Where is this land located?
    The property is located at 3019 Barrow St Houma, LA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 5.045-acre commercial land parcel.; Located at 3019 & 3037 Barrow St, Houma, LA 70360.
    Request Owner's contact information
    3019 Barrow St 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
    3019 Barrow St Houma, LA 70360
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