Logan Babin Real Estate is pleased to announce the closing of another large acreage property today near the U.S. Highway 90 Energy Corridor. This 85+ acre tract closed for a price of $3 million. The tract, listed and sold by Logan “Hank” Babin, III, was a rural residence and farm but sold for its development potential.
The family enlisted our firm’s help after marketing the property on their own. There was immediate interest from the moment it was input into our various databases and the property went under contract in January 2015, not long after it was marketed.
“It is a great honor when a family entrusts an asset such as this to our firm.” Hank said today. “This is a huge decision to move from a family home and property and we take this responsibility very, very seriously. Especially when the family needs advice on how best to market the property. We firmly believe that our company’s experience in dealing with all facets of commercial, industrial, and development real estate in this market make us uniquely qualified to achieve the results that our clients desire.”
The tract was located just north of Houma with direct access to US Highway 90/Future I-49, “America’s Energy Corridor”, on LA Highway 311. And there are plans to extend Valhi Blvd. from Houma to US Highway 90 through the rear portion of the tract.
If you or your company is looking to buy or sell commercial, industrial, or developmental real estate in Terrebonne, Lafourche, or St. Mary Parishes, please give us a call at 985-872-4597 or visit us on our website at www.loganbabin.com. We have a variety of sites, buildings, and investments to choose from within South Louisiana’s Energy Corridor!
Call us today and you will see why we say (and our clients agree!): Logan Babin Real Estate – Local Knowledge…National Reputation.
