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- Palmetto Point Flyer.pdf
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Details about the Land
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| Parish: Terrebonne |
Type: Acreage |
Acres: 1022 |
| Address: |
City: Houma |
State: Louisiana |
| Zip: |
Price:
$7,500,000.00 |
Status: Available |
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Description of the Land
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• Oil and Gas Exploration/Production
• Industrial Waterfront, Dockfronts and Mooring Area
• Recreational Waterfront, Homesites and Development
• Coastal Mitigation
• Soil Mining
• Hunting - Duck, Deer, Squirrel, Rabbit, etc...
• Fresh and Saltwater Fishing & Boating
There is limited acreage suitable for building in southern Louisiana. It is estimated that only 8% of the land in Terrebonne Parish is of adequate elevation & soil suitability to allow normal residential & commercial building & development. When the HNC was built over 40 years ago, 150± acres were raised with fill dirt & remain 4 to 13 feet above sea level & are dedicated for development by the HNC R/W Agreement. An 80± acre tract along the HNC with 4000’ of existing waterfront & a dedicated 80’ access R/W have been subdivided from the 1,022± acre property to facilitate development. The subdivided tract has already received conceptual & preliminary approval for a 190± acre lot waterfront recreational home site development from the Houma-Terrebonne regional Planning Commission. There is also over 13,800’ of accessible existing industrial mooring area with dock sites on the property. The property also has approximately 400 acres of “Fastland” with private pumps, levees and roads.
Palmetto Point is an ideal candidate for various types of coastal mitigation & has been identified by the State & other agencies for this use. The 1,022± acre property has hundreds of acres of woodlands, prairie & agricultural land available for preservation, enhancement & restoration mitigation: without affecting the developmental potential of the 150± acre elevated waterfront site along the HNC.
Historically, the South Louisiana Coastal Zone is one of the top producing oil and gas regions of the United States with Terrebonne Parish being one of the Top Producers. Producing oil and gas fields are located near Palmetto Point in all directions. 100% of the mineral rights to this property are available.
Palmetto Point allows boaters convenient access to the Gulf and to other coastal areas via the Houma Navigation Canal (HNC). Wildlife abounds on entire property and underdeveloped acres could be preserved for hunting, fishing, nature trails or other outdoor activities. The property also borders and provides access to Bayou Grand Caillou.
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Land
Easements
Electric
Game
Ducks
Whitetail Deer
Land Type
Other
Lot Description
Acreage
Canal
Some Trees
Water/Lake Front
Water/Lake View
Minerals Available
Oil & Gas
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Present Use
Agriculture
Hunting/Fishing
Other
Property Tax Exemption
No
Property Type
Farm/Ranch
Proposed Use
Commercial
Hunting/Fishing
Industrial
Road Frontage Desc
Asphalt
County
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Surface Rights
All
Topography
Level
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Directions to the Land
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Approximately 8 miles south of Houma, LA, in Terrebonne Parish. Situated on both sides of the Houma Navigation Canal and near the Bayou Grand Caillou. Good access via LA Hwy 57 and Shrimper’s Row. Palmetto Point is approximately 50 minutes from New Orleans and 20 minutes from Cocodrie.
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NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by LandsofAmerica.com, LLC, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.
