Active
Sale
Land
Industrial

18.22 Acres on US Hwy 90 & LA Hwy 316 in Houma

289 Service Rd SE, Gray, LA 70359

For Sale

$657,000

$0.83/SF

Price Per Acre
$36,059.28/ac
Lot Size
18.22 ac
Parish
Terrebonne
DOM
4280
Listed
02/25/2015
Updated
10/12/2026
18.22 Acres on US Hwy 90 & LA Hwy 316 in Houma
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Overview

18.22 acres of prime development property just off of the booming US Highway 90 (Future I-49) Energy Corridor on LA Highway 316! The tract has elevations up to 6.7’ with the tract almost entirely in Flood Zone X.

Situated at a high visibility corner, this tract is a perfect location for commercial or industrial use, a strip retail center, food franchise, hotel, convenience store/gas station, self storage, or office building! Note this offering is for two parcels, 15.42 acres owned by a family corporation and an additional 2.8 acres by one of the family members individually. These are listed and marketed together, but there will be two Acts of Sale.

Residential development within a 2-mile radius includes Highland Oaks (239 residential rooftops), Wallace J. Thibodaux Estates (252 existing, developed lots), Northpark Subdivision (67 residential lots in Phase 1 developed), and Williamsburg Subdivision (68 residential lots in Phase 1 developed).

Nearby commercial/Industrial development at US Hwy 90 interchanges includes the corporate headquarters for Danos, a new facility for Cardiovascular Institute of the South along with additional medical on both interchanges, light industrial office parks with dozens of new buildings,  offices for K+B Machine, BP, Rouse's, and also Hunting off of Hwy 311, and a new office for Laborde Marine.

Attachments

Additional Information

City
Gray
County
Terrebonne Parish
State
LA
Zip Code
70359
Latitude
29.681042328902468
Longitude
-90.7552022552948
Secondary Uses
Industrial
Is Vacant
Yes
Nearest MSA
Houma-Thibodaux
Property Use Type
Vacant/Owner-User
Property Status
Existing
Nearest Interstate
Future I49 - 0.1 mi
Nearest Hwy
U.S. Hwy 90 - 0.1 mi
Parcel APN
7780
Addl. Parcel APNs
6597
Listing ID
3d22a6ac

Parcel & Location