5977 Park AveHouma, LA 70364

  • Other commercial real estate
For Sale
$275,000 View listing

Property Details for 5977 Park Ave

Property type
Other commercial real estate
APN
4208
APU
4208

Description

This exceptional 3,982 square foot former bank branch presents a unique redevelopment opportunity in Houma, Louisiana. Situated on a 0.16-acre lot (7,000 square feet) at 5977 W Park Ave, this property boasts 100 feet of frontage on heavily trafficked W. Park Avenue (Highway 24), an outparcel to the Southland Mall. The C-2 General Commercial zoning allows for diverse uses, including restaurant, QSR, or retail. With an asking price of $275,000 ($69.06/SF), this value-add investment benefits from high visibility and exceptional access. Daily traffic counts on W. Park Avenue and W. Main Street exceed 20,000 vehicles. The property is currently vacant, offering immediate occupancy and flexibility for your vision. The single-story building presents a blank canvas for adaptive reuse, capitalizing on its prime location and substantial frontage. This is an ideal opportunity for investors seeking a high-impact retail space in a thriving commercial corridor. The property's location near the Southland Mall ensures high foot traffic and visibility, making it an attractive proposition for a variety of businesses. The APN is 4208. Don't miss this chance to acquire a strategically located property with significant redevelopment potential.

5977 Park Ave, Houma, Louisiana

Location Insight

City
Houma
County
Terrebonne
State
Louisiana
Latitude
29.6333
Longitude
-90.7575
CBSA code
26380
CBSA name
HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,105
$2,810
$50,900
$53,710
-
$28,100
$339,333
$367,433

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