7491 Park Ave Houma, LA 70364
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Bayou Towers Senior Center / Senior Citizen Center
Property Details for 7491 Park Ave
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
- APN
- 42067
- APU
- 42067
Description
This exceptional 0.991-acre commercial land parcel presents a unique investment opportunity in Houma, Louisiana. Located at 7491 W Park Ave, this property boasts a highly desirable location within the thriving Colonial Acres Shopping Center. The site benefits from its proximity to a major regional shopping destination, Southland Mall, situated approximately one mile away, ensuring high visibility and consistent foot traffic. The property's adjacency to Cannata's Family Market, a significant regional grocery store, further enhances its appeal and potential for strong returns. With a total square footage of 107,467 and an asking price of $500,000, the price per square foot comes to $4.65. This outparcel presents a compelling opportunity for developers and investors seeking a strategically located site in a bustling retail corridor within Terrebonne Parish, Louisiana, zip code 70364. The property's location within a well-established commercial area offers immediate access to a large customer base and significant potential for future growth. This is an exceptional chance to acquire a prime piece of commercial real estate in a high-demand market. The property is zoned for commercial use.
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
- -90.7295
- Latitude
- 29.5994
- CBSA code
- 26380
- CBSA name
- HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA