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Property profile & analytics
OFF-MARKET
Land

5820 Main St Houma, LA 70360

Property ID
Property summary
AI-generated overview

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.

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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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