1795 Martin Luther King Jr Blvd - Restaurant FOR SALE


Houma, LA 70360
$7,211,750 USD
985-264-2644
1795 Martin Luther King Jr Blvd, Houma, LA for Sale
$7,211,750 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

1795 Martin Luther King Jr Blvd
Houma, LA 70360


HIGHLIGHTS

  • 1.45-acre development site with 227 feet of frontage on Martin Luther King Jr Blvd.
  • High visibility with traffic counts exceeding 26,000 vehicles per day.
  • Surrounded by major national retailers including Walmart, Target, and Home Depot.
  • Surrounded by major national retailers including Walmart, Target, and Home Depot.
  • Strong local demographics with over 33,000 residents within 3 miles.

OVERVIEW

This 1.45-acre commercial development site is positioned along Houma’s primary retail corridor on Martin Luther King Jr Blvd, offering 227 feet of frontage and visibility to over 26,000 vehicles per day. The property is zoned C-2 General Commercial, making it suitable for a wide range of uses including quick-service restaurants, casual dining, retail, banking, office, or medical facilities. The site benefits from strong co-tenancy and proximity to major national retailers such as Walmart, Target, Home Depot, Lowe’s, and Rouses, creating a high-traffic environment that supports sustained customer flow. Located less than 10 minutes from Highway 90, the property provides convenient regional access throughout the Houma–Bayou Cane–Thibodaux MSA. With a surrounding population exceeding 33,000 within a 3-mile radius and average household incomes approaching $100,000, this location offers a compelling opportunity for developers and investors seeking long-term growth in a thriving commercial hub.

FOR SALE DETAILS

PRICE

$7,211,750 USD

PRICE/SF

$810 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,167 SF

ZONING

C-2

APN/PARCEL ID

66311

ASK ABOUT THIS PROPERTY

Rina PatelTripate Marketing IncMore Info
985-264-2644

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Rina PatelTripate Marketing IncMore Info
985-264-2644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.