Listed by KW Commercial South
$6,250,000
Development Acreage in Houma-Thibodaux MSA
Details
Property Type Land
Sub Type Commercial
Price Per Acre $21,403
Acreage 292.010
Zoning UNZONED
Land | 292.01 acres
Marketing description
Come take advantage of this unique opportunity to shape the growing Houma-Thibodaux MSA with up to 292 acres available to purchase in Terrebonne Parish. This tract lies just south of Thibodaux and north of US Highway 90 (Future I-49) and offers a variety of development choices from single-family residential, multi-family residential, commercial, retail, industrial, and/or hospitality.
The immediate vicinity of this tract has recently seen the announcement of a new Wal-Mart Neighborhood Market and an office/medical subdivision (land purchased at $60K per acre for developable acres).
Investment highlights
- List Price Per SF $0.49
- Property can be purchased in whole or in part. Features include:
- Total of +/- 292.01 acres in Terrebonne Parish in this listing
- +/- 165 acres of agricultural sugar cane land with 127 acres of wooded area
- Traffic count of 29,102 cars per day (measured in 2010)
- +/- 1,450 acres available in Terrebonne & Lafourche Parishes from same owner
- One of the last chances to buy development acreage in the area
- Google Earth elevations listed up to 14' on many of the tracts
- Much of the property is in Flood Zone C and Proposed Flood Zone X
- Just 4 miles North of U.S. Highway 90
- Almost 3,645 linear feet of road frontage and visibility
Listing Contacts
Listed by KW Commercial South
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