116 Citiplace

Vacant Land for Sale
Catylist Listing ID: 30704114
Property Subtypes: Office, Retail
Gross Land Area: 19,500 - 60,021 SF
Sale Price: $16.50 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/3/2024

Overview / Comments

Prime proposed new commercial development on Houma’s main retail corridor across the street from Walk On’s. The property is also located adjacent to Regions Bank on the corner of Citiplace Drive and MLK Blvd, just down the street is a Synergy Bank's Main Office, Rouses Grocery Store, Sam’s Club, Wal-Mart & Lowe's (to name a few). The property is zoned C-2 Commercial and once a lease for the majority of the space is executed the developer will break ground. The traffic count is 30,000 plus car daily and is an ideal location for a standalone restaurant or fast food drive-thru restaurant. 

This listing includes three lots that can be purchased individually or as one:

Lot #1 - 20,938 sq.ft.
Lot #2 - 19,583 sq.ft.
Lot #3 - 19,500 sq.ft.

Attachments & Media

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Tax ID/APN: R03-13289

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,210 41,161 66,520
Median Age: 35.66 35.72 35.46
Households: 2,622 15,883 24,909


Photograph of Listing Agent

Matt Eaton CCIM

Southeast Commercial Real Estate Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Martin O Miller III CCIM SIOR

Southeast Commercial Real Estate Metairie, LA 70002
LACDB Member
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