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1795 Martin Luther King Jr Blvd 8,900 SF Retail Building Houma, LA 70360 $9,990,004 CAD ($1,122.47 CAD/SF)



Investment Highlights
- 1.45-acre development site with 227 feet of frontage on Martin Luther King Jr Blvd.
- Surrounded by major national retailers including Walmart, Target, and Home Depot.
- Strong local demographics with over 33,000 residents within 3 miles.
- High visibility with traffic counts exceeding 26,000 vehicles per day.
- Surrounded by major national retailers including Walmart, Target, and Home Depot.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,900 SF
Building Class
C
Year Built
1998
Price
$9,990,004 CAD
Price Per SF
$1,122.47 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.82 AC
Zoning
C-2
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 66311 | Improvements Assessment | $185,433 CAD |
| Land Assessment | $153,473 CAD | Total Assessment | $338,906 CAD |
Property Taxes
Parcel Number
66311
Land Assessment
$153,473 CAD
Improvements Assessment
$185,433 CAD
Total Assessment
$338,906 CAD
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1795 Martin Luther King Jr Blvd
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