Logan Babin Real Estate is pleased to announce the closing of another commercial property today. Four commercial/industrial tracts on the corner of LA Hwy 182 and Coteau Road closed for a combined price of $1.1 million. The tracts, listed by Logan “Hank” Babin, III, were owned by a family with members both in and out of Louisiana.
The family enlisted our firm’s help to devise a plan how best to divide and market their property. After months of working with local surveyors, engineers, and the Planning Commission, the larger tract was subdivided into five smaller tracts, with the family retaining a large, wooded area while the remaining four tracts (totaling over 43 acres) were listed in late October 2014.
“We take great pride when a client entrusts their asset to our firm.” Hank said recently. “It is a responsibility that we take very, very seriously. Especially when they need advice on how best to market the property. We firmly believe that our company’s experience in dealing with all facets of commercial and industrial real estate in this market make us uniquely qualified to achieve the results that our clients desire.”
The property generated immediate interest with numerous inquiries and multiple offers presented within the first few weeks of the listing. The tracts were centrally located just north of Houma with direct access to US Highway 90/Future I-49, “America’s Energy Corridor”, from LA Hwy 182 and also Coteau Road to LA Hwy 24.
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.
