116 Citiplace Dr Houma, LA 70360
- Land
Current Use by Public Records
- Land
Property Details for 116 Citiplace Dr
- Property type
- Land
Description
This exceptional commercial land parcel, located at 116 Citiplace Dr in Houma, Louisiana, presents a unique investment opportunity. Boasting a lot size ranging from 19,500 to 60,021 square feet, this property sits on Houma's main retail corridor, directly across from Walk-On's and adjacent to Regions Bank. Its strategic corner location at Citiplace Drive and MLK Blvd offers unparalleled visibility and accessibility. The area boasts high traffic volume, exceeding 30,000 vehicles daily. Nearby established businesses include Synergy Bank, Rouses Grocery Store, Sam's Club, Walmart, and Lowe's, ensuring a strong customer base. Zoned C-2 Commercial, this site is ideal for a variety of commercial developments, particularly a standalone restaurant or fast-food drive-thru. Construction will commence upon securing a lease for the majority of the space. The sale terms require cash to the seller. The property is situated within the Houma-Thibodaux Metropolitan Statistical Area (MSA) in Terrebonne Parish, Louisiana, zip code 70360. This is a rare chance to acquire a prime commercial lot in a thriving retail hub.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne Parish
- State
- Louisiana
- Longitude
- -90.76
- Latitude
- 29.6245
