Active
Sale
Retail
Investment
Mixed Use
Bank

*SIGNIFICANT PRICE REDUCTION * Prime Corner Retail Center

5801 W Park Ave, Houma, LA 70364

For Sale

$3,995,000

$67.77/SF

Building Size
58,947 SF
Lot Size
4.742 ac
Parish
Terrebonne
DOM
568
Listed
04/04/2025
Updated
09/15/2026
*SIGNIFICANT PRICE REDUCTION * Prime Corner Retail Center
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Overview

Newly renovated retail positioned at the high-performing corner of W Park Ave. and MLK, Jr. Blvd. 

The center underwent an extensive renovation in 2021 with approximately $5MM in improvements. All interior floors, walls, lighting, exterior siding and soffits were replaced. The roof of the anchors suite and two-story retail building replaced in 2021 (balance of the roof is in good condition). Anchor suite HVAC replaced in 2024. This substantial investment offers a great investment basis and limited near-term capital requirements.

Southland Plaza is surrounded by some of the market’s strongest retail anchors and daily-needs traffic drivers, making it an ideal location for value-add investors or owner-users seeking a stabilized, high-visibility site. Retailers at this intersection include Sam's, Rouses, Walgreens, and Dillard's.

Additional Information

City
Houma
County
Terrebonne Parish
State
LA
Zip Code
70364
Latitude
29.6374355
Longitude
-90.7589252
Secondary Uses
Mixed Use, Bank, Big Box
Building Name
Southland Plaza
# of Buildings
1
Floors
2
Nearest MSA
Houma-Thibodaux
Property Status
Existing
Has Drive Thru
Yes
Parcel APN
8472
Listing ID
a2a9da90

Parcel & Location