1702 Grand Caillou Rd Houma, LA 70363
- Land
- 5.57 lot acres
Current Use by Public Records
- Land
Property Details for 1702 Grand Caillou Rd
- Lot size
- 5.57 lot acres
- Property type
- Land
Description
This 5.57-acre commercial land parcel in Houma, Louisiana, presents a unique investment opportunity. Located at 1702 Grand Caillou Road, the property boasts 365 feet of frontage on a busy thoroughfare, offering exceptional visibility and accessibility. Its strategic location is adjacent to three newly constructed hotels and the Leonard J. Chabert Medical Center, making it ideal for a medical office complex or related development. The lot features significant dimensions, measuring 635 feet deep and 365 feet wide, providing ample space for a substantial project. A key advantage is the property's separate ingress/egress from Picone Road, a mere 0.10 miles from the hospital. This access point provides crucial municipal sewage access, a feature unavailable to neighboring properties on Grand Caillou Road. Situated in a rapidly growing area of south Houma, this land benefits from the development of a medical district, proximity to port activity, and a nearby industrial park. The asking price is $399,000, translating to $71,634 per acre. The property's APN is 59965. Covenants and restrictions apply. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving area with significant potential for future growth and development.
Value Estimation
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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
- -90.6829
- Latitude
- 29.5672
