Current Use by Public Records
- Land
Property Details for 1832 Martin Luther King Blvd
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne Parish
- State
- Louisiana
- Longitude
- -90.7621
- Latitude
- 29.6297
