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    815 Centurion Ln Houma, LA 70360

    For Sale
    $735,225

    1.12 Acres, Ready to Build, High-Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.12-acre commercial land parcel presents a unique investment opportunity in the thriving Cameron Isles Business Park in Houma, Louisiana. Located at 815 Centurion Ln, 70360, this lot (Lot 2-A) boasts a prime corner location with high visibility due to its frontage on a roundabout and convenient side street access. The property is part of a dynamic mixed-use development featuring new multi-family residences, national retail chains, and popular restaurants. The area enjoys significant recent growth, including the Belmont Place residential development and the opening of South Louisiana Medical Associates. This strategic location places the property directly across the roundabout from the future Terrebonne General Healthy Lifestyles Center, ensuring consistent high traffic flow and strong potential for future development. Nearby established businesses include Aldi, Cavender's, and the soon-to-open (January 2024) Panda Express, further solidifying the area's commercial appeal. This is an ideal site for a variety of commercial ventures, benefiting from its excellent visibility, convenient access, and proximity to a diverse range of amenities and services. The asking price for this exceptional property is $735,225. Don't miss this chance to secure a prominent position in one of Houma's fastest-growing commercial areas.

    Property Features for 815 Centurion Ln

    General Information

    Property type
    Land
    Lot Size
    48,787 SF

    HighLights

    • $735,225 asking price.
    • 1.12‑acre commercial land parcel.
    • Located in Houma, LA, in the Cameron Isles Business Park.
    • Corner lot with roundabout and side street access.
    • Mixed‑use development with nearby multi‑family, retail, and restaurants.
    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 - 1.12 Acres, Ready to Build, High-Traffic Area
    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 $735,225.
    What are key features of this property?
    This property features: $735,225 asking price.; 1.12-acre commercial land parcel.; Located in Houma, LA, in the Cameron Isles Business Park.
    (985) 790-4904
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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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