Premier Commercial Corner | 5.5 Acres | Signalized Intersection | Martin Luther King Blvd

Description:

Premier Commercial Development Opportunity at Signalized Intersection

Now available for sale is a 5.523-acre commercial development site located at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, Louisiana. Positioned within the city's primary retail corridor, the property offers outstanding visibility, accessibility, and flexibility for a wide variety of commercial development opportunities.

The site is ideally suited for phased development with a conceptual layout accommodating two highly visible commercial pad sites fronting Martin Luther King Jr. Boulevard connected by a shared access drive leading to a larger interior development parcel capable of supporting a neighborhood shopping center, medical office development, retail center, or a single commercial user. The property's dimensions and configuration provide flexibility while maximizing frontage and access.

Commercial activity surrounding the property continues to accelerate. RaceTrac is currently constructing a new convenience store immediately south of the property, validating the strength of this highly visible intersection. Additional commercial development is occurring throughout the corridor as national retailers continue to expand within Houma's dominant retail market.

The property benefits from substantial utility infrastructure. Public sanitary sewer is already available along the Martin Luther King Jr. Boulevard frontage, while public water is being extended across the frontage as part of the adjacent RaceTrac development. Electric service, natural gas, fiber optic telecommunications, and other public utilities are readily available to support future commercial development.

A majority of the property is located within Flood Zone X, enhancing its attractiveness for commercial development and potentially reducing flood insurance requirements compared to properties located entirely within special flood hazard areas. The survey indicates the tract contains approximately 5.523 acres, with most of the site in Flood Zone X and a smaller portion within Zone AH.

Martin Luther King Jr. Boulevard serves as Houma's primary commercial corridor and regional retail destination, attracting consumers from Terrebonne, Lafourche, St. Mary, and Assumption Parishes. The property is surrounded by an impressive concentration of national retailers including Target, Lowe's, Walmart, Academy Sports + Outdoors, Best Buy, Ross Dress for Less, Hobby Lobby, Michaels, PetSmart, ULTA Beauty, Chick-fil-A, Raising Cane's, Starbucks, Olive Garden, Buffalo Wild Wings, Southland Mall, numerous hotels, financial institutions, and Terrebonne General Health System.

Adding to the area's continued growth, Terrebonne General Health System is developing an approximately $75 million Health & Wellness Center immediately west of the property, creating additional demand for retail, restaurant, hospitality, medical office, and service-oriented commercial development.

This offering presents a rare opportunity to acquire a strategically positioned commercial development site within one of South Louisiana's strongest retail corridors.

This same owner has multiple Martin Luther King Development Opportunities! Three premier commercial development sites within Houma's dominant retail corridor.​


​1789 MLK — Large-scale retail development and anchor opportunities.​
​1791 MLK — Signalized commercial corner for phased retail and service development.​
​1794 MLK — Premium infill site for an end user or neighborhood retail center.​


All 3 properties are listed here in RealNex.​ For additional information, please contact the listing agent, Logan "Hank" Babin, III ​of The Logan Babin Commercial Group of KW Commercial South.




Key Highlights


Premier Hard Corner Location
Signalized intersection of MLK Jr. Blvd. & Westside Extension with excellent ingress/egress and visibility
Strong Traffic Counts
±30,642 vehicles per day along MLK Jr. Blvd.
Flexible Development Potential
±5.523 acres divisible for multiple pad sites and/or anchored retail development
Zoning Supports Retail Uses
C2 – General Commercial zoning allows for a wide range of commercial applications
Retail Corridor Dominance
Surrounded by national anchors including Walmart, Target, Sam’s Club, Home Depot, Lowe’s, and Academy
Growth Catalysts Nearby


New RaceTrac under construction at adjacent corner
Planned $75M+ Terrebonne General Health & Wellness Center


Infrastructure & Utilities
All utilities available; waterline expansion in progress
Favorable Site Characteristics


Portion located in Flood Zone X
Center elevation of ±6.2’


Strong Frontage & Access
±331’ frontage on MLK Jr. Blvd. and ±714’ on Westside Extension
Pricing
Offered at $3,850,000 (subdivision subject to pricing adjustments)

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