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    203 Canal Blvd Thibodaux, LA 70301

    For Sale
    $1,800,000

    1.9 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.96-acre commercial land parcel presents a remarkable investment opportunity in Thibodaux, Louisiana. Boasting 236 feet of frontage on North Canal Boulevard, this property enjoys unparalleled visibility and accessibility. Its strategic location places it within one mile of both Nicholls State University and downtown Thibodaux, ensuring high foot traffic and strong potential for a variety of commercial ventures. The site's former use as a hotel provides existing infrastructure advantages, and its access points from three surrounding roads and highways offer exceptional convenience. This prime location sits on Thibodaux's premier commercial corridor, surrounded by a vibrant mix of national and local retailers, including Rouses Supermarket, CVS, Domino's, Five Guys, Smoothie King, Chick-fil-A, McDonald's, TJ Maxx, and Planet Fitness, among many others. The property is zoned C-2, allowing for a wide range of commercial development possibilities. This is an exceptional opportunity to acquire a highly visible and strategically located commercial property in a thriving Louisiana market. The asking price is $1,800,000. This property is ready for your vision and offers significant potential for substantial return on investment. Don't miss this chance to secure a piece of Thibodaux's bustling commercial landscape. The address is 203 N Canal Blvd, Thibodaux, LA 70301.

    Property Features for 203 Canal Blvd

    General Information

    Property type
    Land

    HighLights

    • $1,800,000 asking price for 1.96 acres of commercial land.
    • C‑2 zoning.
    • Located at 203 N Canal Blvd, Thibodaux, LA 70301, with 236 feet of frontage.
    • Excellent location near Nicholls State University and downtown Thibodaux, surrounded by national and local retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Motel 6 Thibodaux ... Motel

    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
    Thibodaux
    County
    Lafourche Parish
    State
    Louisiana
    Longitude
    -90.817315250034
    Latitude
    29.801167847822

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    FAQs

    What type of property is this?
    Land - 1.9 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 203 Canal Blvd Thibodaux, LA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price for 1.96 acres of commercial land.; C-2 zoning.; Located at 203 N Canal Blvd, Thibodaux, LA 70301, with 236 feet of frontage.
    Request Owner's contact information
    203 Canal Blvd Thibodaux, LA 70301
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    Thibodaux, LA 70301
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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
    203 Canal Blvd Thibodaux, LA 70301
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