25.0 acres, hard lit corner located on the Houma-Thibodaux MSA's major retail corridor of Martin Luther King Blvd. The property is available to purchase as a whole or subdivided into smaller sections (subject to $/SF negotiation). Zoned C2-General Commercial, this tract is located on one of the most desired corners in Terrebonne Parish, Property has 1,167' of frontage on MLK and 879' for frontage on Westside Blvd. (a new traffic artery connector between the mixed-use area of Park & Main to the Hwy 311 residential corridor. MLK is a Multi-Parish retail hub featuring numerous national and regional retailers, restaurants, franchises, auto dealers and medical users. Wal-Mart, Target, Sam's Club, Home Depot, Lowe's, Academy, Best Buy, Pet Smart, Hobby Lobby, Rouse's, Honda, Nissan, Harley Davidson, Chick-fil-A, Starbucks, McDonalds, Burger King, IHOP, Arbys, Mooyah, Chili's, Olive Garden, Outback, and Smoothie King all rely on the strong traffic count and retail draw of MLK. Please note that the Seller has additional tracts available on MLK ranging from 3.5 to 5 acres (and sub-available) as well as the hard lit corner of Hwy. 311 and Savanne Road. Please see MLS Nos. 125474, 159427,161895.
| Date | Price |
|---|---|
| -- | New Value: $8,440,000 |
| 4/12/2021 2:12:00 PM | New Value: $8,440,000 |