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5437 W Park Ave

0.9 Acres of Commercial Land Offered at $450,000 in Houma, LA 70364

Investment Highlights

  • Highly trafficked state highway
  • Blank concreted canvas for flexibility
  • Front of mature neighborhood and across the street from a large apartment complex

Executive Summary

Prime Investment Opportunity. Fully concreted corner lot with 2 existing metal buildings. One is a shell with toilet and 8' roll up door. The other has been finished out for office space with kitchenette, full bathroom and warehouse space with 10' roll up door. There is an 8x12 billboard sign included with sale. Remainder of property is concreted for retail, office or open sales space.

Property Facts

Price $450,000
Sale Type Investment or Owner User
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
  • Building in Shell Condition
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 0.90 AC

1 Lot Available

Lot

Price $450,000
Price Per AC $500,000
Lot Size 0.90 AC

A CERTAIN TRACT OR PARCEL OF LAND LOCATED IN T16S R17E, MEASURING 125' ALONG THE NORTHEAST SIDE OF LA. HWY. 659 BY 313' IN DEPTH BETWEEN PARALLEL LINES; SAID PROPERTY IS LOCATED APPROXIMATELY 4 1/2 MILES ABOVE THE CITY OF HOUMA, LA. LESS 44'X125'

Description

Former retail space and warehousing on corner of W Park Ave & Hampton St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8887
Land Assessment
$6,350
Improvements Assessment
$2,730
Total Assessment
$9,080

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 32226412

  • Date on Market: 6/22/2024

  • Last Updated:

  • Address: 5437 W Park Ave, Houma, LA 70364

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