331 Acres in Thibodaux for Development

Vacant Land for Sale
Catylist Listing ID: 30011756
Property Subtypes: Agricultural, Industrial, Multi-Family, Office, Residential (Single Family), Self Storage
Gross Land Area: 331 Acres
Sale Price: $4,500,000
Unit Price: $13,595 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2018

Overview / Comments

Huge tract of development acreage just West of Downtown Thibodaux that stretches from just off of Highway 1/St. Mary to Highway 3185. Over 331acres, currently all sugar cane with ~7,262 linear feet (1.375 miles) of road frontage on LA Highway 3185, Talbot Dr., Parish Rd., and Tregre Lane. It also has stub outs connecting it to 8 other Parish roads. Property could have commercial/industrial usage on the highway frontage with residential or mixed-use development on the remainder.

Property has elevations up to 14' (Google Earth) on the northern section and a majority of the land is in current Flood Zone C and Proposed Zone X.

This property can also be purchased in sections. It is currently divided into 3 smaller sections, all of which have their own respective listings in LACDB:

Entire Tract - http://www.lacdb.com/listing/30011756
51 Acres - http://www.lacdb.com/listing/30011755
90 Acres - http://www.lacdb.com/listing/30011754
189 Acres - http://www.lacdb.com/listing/30011753

This portion of Thibodaux has been expanding with single-family residential and commercial growth in recent years. It is a quick driving distance to the U.S. Highway 90/Future I-49 Energy Corridor, the Thibodaux retail corridor, Nicholls State University, and the new $73M Thibodaux Regional Wellness Center.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Lafourche
Tax ID/APN: 0010074100
Property Located Between: LA Highway 3185 and LA Highway 1
Property Visibility: Good
Largest Nearby Street: LA Highways 3185, 1, and 308
Feet of Frontage: 7,262
Topography: Level
Available Utilities: Electric, Water, Gas
Water Service: Municipal
Sewer Type: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,359 23,382 35,118
Median Age: 34.53 34.18 35
Households: 1,557 9,049 13,251


Photograph of Listing Agent

Hank Babin, III, CRE

Logan Babin Real Estate Houma, LA 70360
LACDB Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.