2018 Coteau Rd - Commercial/Industrial Tract near Hwy 182

Vacant Land for Sale
Catylist Listing ID: 30665340
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Self Storage
Gross Land Area: 10.20 Acres
Sale Price: $300,000
Unit Price: $29,411 Per Acre
In Opportunity Zone? Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

Commercial or industrial tract located near the corner of Louisiana Highway 182 & Coteau Road. 10.00 Acres of raw land available with adjacent sites at 2004, 2010, and 2018 Coteau Road listed (check LACDB to see if adjacent tracts are still available to purchase). The front 4 acres of this property has recently been cleared and new pictures were upload to the listing.

Located in the heart of the Energy Corridor between Port Fourchon and Lafayette, this property is 5.5 miles south of US Highway 90 (Future I49) at the Highway 182 exit in Raceland and 6.5 miles from US Highway 90 at the Highway 24 exit in Gray..

17,000+ cars per day travel down LA Hwy 182 and 11,100+ down Coteau Road. Industrial use could place a building in the front and have plenty of laydown yard behind it. Front of property in current Flood Zone C and proposed Flood Zone X. This lot has 240 linear feet of frontage on Coteau Rd.

This tract is within a designated Federal Opportunity Zone area.

For additional information, please contact the listing agent, Hank Babin at 985-804-9991.

Attachments & Media

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Legal Description: Tract 1, Division of Property Belonging to R.W. Collins et al, Located in Sections 27, T17S-R17E, & in Sections 45, 46, & 47, T16S-R17E, Terrebonne Parish, LA
Feet of Frontage: 240
Traffic/Vehicle Count: 11,000
Highway Access: 5.5 miles south of US Highway 90. Frontage on LA Hwy 660 (Coteau Rd) and La Hwy 182.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 856 36,950 74,179
Median Age: 35.76 34.48 35.33
Households: 315 13,944 27,571

Contact

Photograph of Listing Agent

Hank Babin, III, CRE

Logan Babin Real Estate Houma, LA 70360
LACDB Member
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