You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

1832 Martin Luther King Blvd Houma, LA 70360

Property ID
Property summary
AI-generated overview

This exceptional 76,796 square foot commercial land parcel presents a remarkable investment opportunity in Houma, Louisiana. Located at 1832 Martin Luther King Blvd, this property boasts a prime location on a major retail corridor, directly across from Walk-On's and adjacent to Regions Bank at the corner of Citiplace Drive and MLK Blvd. The area enjoys high visibility and significant daily traffic exceeding 30,000 vehicles. Its strategic position offers easy access to numerous established businesses, including Synergy Bank, Rouses Grocery Store, Sam's Club, Walmart, and Lowe's. Zoned C-2 Commercial, this site is ideal for a variety of commercial developments, particularly a standalone restaurant or fast-food drive-thru establishment. The asking price is $1,766,308, translating to a land value of $23 per square foot. The property's APN is R03-14743. Development is planned upon securing a lease for the majority of the space. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a thriving retail area. Don't miss this chance to capitalize on this exceptional investment potential.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1832 Martin Luther King Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message