401 Thompson Rd, Houma, LA 70363

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Approximately 47.02 acres of industrial land for sale on Thompson Road in Houma, LA. This tract is near the Houma Navigational Canal and has ~1,600 linear feet of frontage on Thompson Road.

The depth is estimated to be 1,280' and the property is being listed for $50,000.00 per acre as per survey. At the estimate of 47.02 acres, the price would equal $2,351,000.00.

Note that the property is currently planted in sugar cane and the farmer has the right to harvest the current crop or be compensated for the one-year.

This is an expanding area of East Houma near Munson Slip, Port of Terrebonne, Houma Airbase, and Chabert Hospital. Nearby oilfield service companies include Gulf Island Fabrication, LA Ship, NOV, Schottel, K&B Machine, GulfStream Services, and many more.

The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has a 10 Parish retail draw of almost 440,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”.

For additional information, please contact the listing agent, Hank Babin at 985-804-9991.