5977 Park Ave Houma, LA 70364
- Commercial real estate
Current Use by Public Records
- Chase Mortgage / Mortgage Lender
- Chase Bank / Bank / Atm
Property Details for 5977 Park Ave
- Property type
- 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.
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
- State
- Louisiana
- Longitude
- -90.7575
- Latitude
- 29.6333
- CBSA code
- 26380
- CBSA name
- HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA
