W Park Avenue, Thibodaux, LA 70301

$4,150,000

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List Price
$4,150,000
Status
ACTIVE
MLS#
122746
Acres
174.10
Parish
Terrebonne
Subdivision
Other

Property Description

Position your next development in one of South Louisiana's most strategic growth corridors. Tract A1 of historic Ducros Plantation offers approximately 174.10 acres situated immediately south of Thibodaux in Terrebonne Parish along the heavily traveled LA Highway 20 (West Park Avenue) corridor. Featuring approximately 95 acres of productive agricultural land and 79 acres of wooded acreage, the property presents exceptional flexibility for phased development while maintaining significant long-term investment potential. The property's location is one of its greatest strengths. Positioned just north of the future Interstate 49 (currently U.S. Highway 90), this site benefits from approximately 30,000 vehicles per day traveling the Houma-Thibodaux corridor, outstanding visibility, and a signalized intersection providing convenient access. Unlike many large tracts in South Louisiana, much of the frontage acreage lies within Flood Zone X and sits at elevations exceeding 11 feet, making the front portion especially attractive for commercial, retail, medical, office, hospitality, or institutional development. The rear agricultural acreage provides an excellent transition for mixed-use, residential neighborhoods, recreation, or continued agricultural operations, subject to buyer due diligence and governmental approvals. The surrounding market continues to experience significant investment driven by the continued growth of Thibodaux, Nicholls State University, the regional healthcare sector, and expanding commercial development along the corridor. The property's unzoned status further enhances development flexibility. Whether acquired independently or together with adjacent Tract A2, this offering represents one of the few remaining opportunities to control large-scale frontage acreage in the Houma-Thibodaux Metropolitan Statistical Area.

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