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Houma Central Mixed-Use Development

1799 Martin Luther King Boulevard Houma, LA 70360

Overview

Martin Luther King Blvd. in Houma, Louisiana presents a promising opportunity for retail development. As one of the main commercial thoroughfares in the region, this property has 29,386 ADTV, serving as a vital connector between central Houma and the surrounding residential neighborhoods. With its proximity to U.S. Highway 90, which offers convenient access to New Orleans and the Gulf Coast, the corridor is ideally positioned to capture both local and regional consumers. The surrounding community is a mix of residential, commercial, and light industrial properties, creating a diverse customer base. Martin Luther King Blvd. itself is already home to several national retailers, restaurants, and service-oriented businesses, which have established the corridor as a growing commercial hub. Demographic trends in the area, coupled with steady population growth and the economic recovery from past weather events, indicate increasing demand for retail and service options. The corridor is ripe for developments such as shopping centers, dining establishments, entertainment venues, and boutique shops to meet the needs of both the local population and the steady influx of visitors drawn to the area's proximity to the Gulf and oil industry. C-2 Districts: General Commercial Districts. These districts are composed of land and structures used to furnish, in addition to the retail goods and services found in neighborhood districts, such less frequently needed goods as clothing and automobiles and such less frequently needed services as banking and theaters, the wider range of retail goods and services to satisfy all of the household and personal needs of the residents of a group or community of neighborhoods. Usually located on a thoroughfare or near the intersection of two (2) thoroughfares, these districts are large and are within convenient driving distance of the group of neighborhoods they will serve. The district regulations are designed to permit the development of the districts for their purpose and to protect the abutting and surrounding residential areas by requiring certain minimum yard standards to be met, standards that are comparable to those called for in residential districts. It is intended that additional general commercial districts will be created in accordance with the amendment procedure set forth herein, as they are needed to serve groups of new neighborhoods. To insure that such districts are actually developed to supply the business needs of the groups of neighborhoods, the amendment creating the district may set a time limit for its development. O-L Districts: Open Land Districts. These districts are composed mainly of large tracts of open un-subdivided lands that are vacant or in agricultural or forestry uses. The regulations are designed to protect the essentially open character of the districts until such time as plans for development are prepared by prohibiting the establishment of scattered residential, business, industrial and other uses that are unrelated to any general plan of development and that might inhibit the best future urban utilization of the land. It is intended that land in these districts will be reclassified to its appropriate residential, commercial or industrial category in accordance with the amendment procedure set forth herein whenever such land is subdivided into urban building sites.

For Sale

Land
Sale Price
$2,450,000
Acres
49.646 ac
Zoning
C-2 District: General Commercial District & O - L District: Open Land District
Nearest MSA
Houma-Thibodaux
Lot Size
220' wide
County
Terrebonne Parish
Created
2024-09-25
Updated
2025-02-20
Listing ID
0946078d