5820 Main St Houma, LA 70360
This exceptional 20,000 square foot commercial land parcel presents a remarkable opportunity for businesses seeking high visibility and accessibility in Houma, Louisiana. Located at the heavily trafficked intersection of Martin Luther King Boulevard and West Main Street, this outparcel is directly adjacent to a brand new Rouses Market, ensuring consistent foot traffic and brand recognition. The property's strategic placement on one of Houma's main thoroughfares guarantees exceptional exposure to over 33,000 vehicles daily. This single-tenant property offers flexible options for prospective businesses, including the possibility of a long-term ground lease or a build-to-suit development tailored to specific needs. The ample space allows for a wide range of commercial ventures, making it an ideal location for retailers seeking a high-traffic, high-visibility location within a thriving community. This is a rare opportunity to establish a strong presence in a prime retail location with significant growth potential. The property is located in Terrebonne Parish and is zoned for commercial use. Don't miss this chance to capitalize on the significant traffic volume and proximity to a major grocery anchor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.