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138 Executive Dr , Gray, LA 70359

$3,248,100

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.

Highlights

  • Land
  • 108.27 Acre Lot
  • 524 days on Market


  • Acres
    108.27
  • Lot Features
    Wooded
  • Utilities
    Electricity Available
  • Water
    None


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Frequently Asked Questions

How do I schedule a tour of 138 Executive Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 138 Executive Dr.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 138 Executive Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,248,100. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Gray, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 138 Executive Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 138 Executive Dr at around $18,484. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 138 Executive Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Terrebonne County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 138 Executive Dr?

In most cases, yes. Whether 138 Executive Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Gray's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 138 Executive Dr?

We can handle that for you. Our preferred local agent specializes in lands in Gray and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

138 Executive Dr was listed on June 02, 2025, which means it's been on the market for 524 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

138 Executive Dr sits on a 108.27-acre lot, which is 4,716,241 square feet.

Is 138 Executive Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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