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    4463 Park Ave Houma, LA 70360

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    For Sale
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    Prime Commercial Lots, Hwy 24, Houma

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a rare opportunity to acquire prime development sites in Houma, Louisiana. Located conveniently near Highway 24 and 105 Rue Richard, these lots boast high elevations and integrated drainage mitigation, ensuring a smooth and efficient development process. Utilities are readily available, eliminating significant upfront infrastructure costs. The available lots range in size from 15,525 square feet to 20,000 square feet, providing flexibility for various development projects. Specifically, lots 105 (19,519 sq ft), 117 (19,890 sq ft), 127 (15,525 sq ft), 133 (15,525 sq ft), 104 (20,000 sq ft), 116 (23,160 sq ft), 126 (16,350 sq ft), and 132 (16,350 sq ft) are available. The property's location and features make it ideally suited for medical or professional office developments. The "ready to turn dirt" status signifies immediate development potential, minimizing delays and maximizing return on investment. This is a unique opportunity to secure a highly desirable commercial parcel in a thriving Louisiana market. The APN is R01-5705. The address is 4463 West Park, Houma, LA 70360.

    Property Features for 4463 Park Ave

    General Information

    Property type
    Land

    HighLights

    • 15,525 - 20,000 SF commercial land parcel available.
    • Located at 4463 West Park, Houma, LA 70360 (near Hwy 24 and 105 Rue Richard).
    • Utilities available; high elevation; drainage mitigation included; site is ready for development.
    • Ideal for medical or professional office use.
    • APN: R01‑5705.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houma
    County
    Terrebonne Parish
    State
    Louisiana
    Longitude
    -90.810357
    Latitude
    29.5779003

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    FAQs

    What type of property is this?
    Land - Prime Commercial Lots, Hwy 24, Houma
    Where is this land located?
    The property is located at 4463 Park Ave Houma, LA.
    What are key features of this property?
    This property features: 15,525 - 20,000 SF commercial land parcel available.; Located at 4463 West Park, Houma, LA 70360 (near Hwy 24 and 105 Rue Richard).; Utilities available; high elevation; drainage mitigation included; site is ready for development.
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    4463 Park Ave 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
    4463 Park Ave Houma, LA 70360
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