For Sale
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Property summary
This exceptional 303-acre commercial land parcel presents a significant investment opportunity in Houma, Louisiana. Strategically located between Highway 90 and the city of Houma, this property boasts extensive frontage on West Park Avenue, offering unparalleled visibility and accessibility. The land is comprised of multiple sections, providing flexibility for diverse development plans. A key highlight is the prominent corner lot at the intersection of Coteau Road and Country Estate Drive, offering high-impact exposure. Another notable section is situated adjacent to Coteau-Bayou Blue Elementary School on Country Estate Drive, presenting unique development possibilities. The property's versatility allows for a range of commercial and/or residential projects. Prospective buyers are responsible for verifying all information and ensuring compliance with all applicable local planning and zoning regulations. The entire tract is subject to these regulations, and due diligence is strongly recommended before any purchase. This substantial land holding offers considerable growth potential for discerning investors and developers seeking a prime location in a thriving community. The asking price for this expansive property is $6,900,000. The square footage is not currently available.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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