$3,850,000

Now available for sale is a 5.523-acre commercial development site located at the signalized intersection of Martin Luther King Jr. Boulevard and Westside Boulevard in Houma, Louisiana. Positioned within the city's primary retail corridor, the property offers outstanding visibility, accessibility, and flexibility for a wide variety of commercial development opportunities. The site is ideally suited for phased development with a conceptual layout accommodating two highly visible commercial pad sites fronting Martin Luther King Jr. Boulevard connected by a shared access drive leading to a larger interior development parcel capable of supporting a neighborhood shopping center, medical office development, retail center, or a single commercial user. The property's dimensions and configuration provide flexibility while maximizing frontage and access. Commercial activity surrounding the property continues to accelerate. RaceTrac is currently constructing a new convenience store immediately south of the property, validating the strength of this highly visible intersection. Additional commercial development is occurring throughout the corridor as national retailers continue to expand within Houma's dominant retail market. The property benefits from substantial utility infrastructure. Public sanitary sewer is already available along the Martin Luther King Jr. Boulevard frontage, while public water is being extended across the frontage as part of the adjacent RaceTrac development. Electric service, natural gas, fiber optic telecommunications, and other public utilities are readily available to support future commercial development. A majority of the property is located within Flood Zone X, enhancing its attractiveness for commercial development and potentially reducing flood insurance requirements compared to properties located entirely within special flood hazard areas. See also MLS Nos. 161899,125474 & 159427.