108 Development Acres off of US Hwy 90/Future I49 — Sale in Gray, LA
- Price: $3.2M
- Listing type: For sale
- Asset type: Business
- Location: Gray, LA 70359
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Description
Approximately 108.27 acre tract of raw land at the Northeast corner of U.S. Highway 90 (Future I49) and LA Highway 24 conveniently located on Louisiana’s Energy Corridor. This tract offers a multitude of development possibilities. Lying 7 miles south of Thibodaux and 4 miles north of Houma, the property has no zoning or restrictions and is almost entirely in Flood Zone X. It could be commercial, industrial, residential, or multi-use. This offering includes Terrebonne Assessments #5577 and 5579. As you exit onto LA Highway 24 (West Park), access to the property is via Executive Dr., flanked by such national brands as Best Western, Tractor Supply, Burger King, Taco Bell, as well as South Louisiana’s Synergy Bank. Additional adjacent businesses are a mixture of medical, energy services, franchises, and governmental services: Cardiovascular Institute of the South, Southeast Neuroscience Center, Headache & Pain Center, Danos, LA State Troop C, Houma-Terrebonne Convention & Visitor’s Bureau & Welcome Center, H. L. Bourgeois High School, and a branch of the Terrebonne Library. This listing is one of three from the same sellers on the NW, NE, and SW corners of U.S. Hwy 90 and LA Hwy 24. This listing involves multiple assessed tracts by family members marketed as a whole. Any offer will be submitted to the family and split based on an agreement between the fractional property owners. But multiple Acts of Sale will take place for the transfer of the properties based on the allocation of sales price. Land Size: 108.27 Ac | Listing Type: FOR SALE
Market Context
This commercial property in Gray, LA is listed for sale at $3,248,100. Compare it against other commercial property listings for sale in Gray, LA — view the full market.
Contact
- Logan "Hank" Babin, III, CRE, MBA — KW Commercial | Houma/Thibodaux · +19858724597 · hankbabin@kw.com
- Logan "Hank" Babin, III, CRE, MBA · +19858724597 · hankbabin@kw.com
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