138 Executive Drive
Gray, LA, 70359 $ 3,248,100
Bedrooms-- Baths0.0 Monthly Estimate*
$ 22,434
for $3,248,100. The lot size is 108.27.
Approximately 108.27 acre tract of raw land at the Northeast corner of US Highway 90 (Future I49) and La Highway 24 conveniently located on Louisiana's Energy Corridor. This tract offers a multitude of development possibilities. Lying 7 miles south of Thibodaux and 4 miles north of Houma, the property has no zoning or restrictions and is almost entirely in Flood Zone X. It could be commercial, industrial, residential or multi-use. As you exit onto LA Highway 24 (West Park), access to the property is via Executive Drive, flanked by such national brands as Best Western, Tractor Supply, Burger King, Taco Bell, as well as South Louisiana's Synergy Bank. Additional adjacent businesses are a mixture of medical, franchises, and governmental services: Southeast Neuroscience Center, Headache & Pain Center, Popeyes, Danos, Cardiovascular Institute of the South, Tractor Supply, Burger King, Taco Bell, LA State Troop C, H. L. Bourgeois High School and a branch of the Terrebonne Parish Library. This listing is one of three from the same sellers on the NW, NE and SW corners of US Highway 90 and LA Highway 24. See Photos.
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FeaturesGeneralUtilities Electricity Available Sewer Not Available Water Not Available
Development Status None
Zoning None
Exclusions Other Resrv
Property Subtype Unimproved Land
Current Use Commercial Unimproved
Parcel Number 5577 5579
County Terrebonne
Property Type Land
HOA N
Subdivision Name Other
Possible Use Commercial Industrial Multi-Family
Status Active
Directions From W Park Ave. right onto Executive Drive
City Gray
Disclosures Property As Is Environmental Hazards
High School District Terrebonne Parish
MLS Area None
Lot Size Units Acres
Lot Size Square Feet 4716241.2
Land Lease Y/N N
Lease Renewal Y/N N
MLS Area Minor None
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot 3
Legal Description Tract 3 containing +/- 108.27 acres located in Sections 4 & 5 T16S-R16 & R17E
Senior Community None
New Construction None
Water Body Access Y/N None
Accessibility Features Y/N None
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ExteriorFencing None
Lot Features Dead End Wooded
Inclusions Timber Incl
Lot Size Area 108.27
Spa N
Lot Dimensions 108
Lot Size Acres 108.27
Waterfront Y/N N
Other Equipment None
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $22,434
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Gray, LA 5,509 Population
3% Since 2002
$ 40,406 Median Income
34.86 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
5582934 Elementary School
5583333 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $3,248,100 | | Listed Price |