Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    108 Broadmoor Boulevard unit 108 Abbeville, LA 70510

    View on Map
    For Lease
    Contact for pricing

    COMMERCIAL - Abbeville, LA

    Property size:
    1,200 SF
    Added:
    Nov 6, 2024
    Days on Market:
    512
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 108 Broadmoor Boulevard unit 108

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    C
    Parking features
    Parking Lot
    Exterior features
    Door Sign
    Standard status
    Active
    APN
    Ra00070
    Size
    1,200 SF

    Taxes and HOA fees

    TaxDescription
    AC E2 of Sec 30 T 12 S R 4

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Roof type
    Metal

    We can help!

    Listing Contact
    Cassie L Goldsboro

    Listing agent Cassie L Goldsboro License #0995680237

    Listing office The Gleason Group 206 Magnate Dr, Lafayette, LA

    Listing date Nov 6, 2024

    MLS# 24010311

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Abbeville Retail or Office Space

    Located in Abbeville, the property at 108 Broadmoor enjoys a location in front of Walmart, off Veterans Memorial. The property is suitable for retail or office use. Current tenants include Republic Financial, World Nails, Pipi's, Molly Michaels, Planet Nutrition, Verizon Wireless, and Gigi's Sweets and Treats. The property offers a built-in customer base and a supportive network of neighboring businesses. The property has a size of 1200 square feet and is located in Vermilion County.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Abbeville
    County
    Vermilion
    State
    Louisiana
    Longitude
    -92.097215
    Latitude
    29.97178

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space in Abbeville, LA

      8,900 SF retail space available for lease in Abbeville.
      2112 Veterans Memorial Drive, Abbeville, LA 70510
      View Details
    • $350,000/mo

      Commercial Property in Abbeville, LA

      Commercial property available for lease or purchase in Abbeville.
      3416 Veterans Memorial Drive, Abbeville, LA 70510
      View Details
    • $1,449,000/mo

      Commercial Property in Abbeville, LA

      Commercial property available for lease or purchase in Abbeville.
      3520 Veterans Memorial Drive, Abbeville, LA 70510
      View Details
    • Contact for pricing

      Freestanding Retail Building in Abbeville

      2,150 SF retail building for lease near Highway 167.
      101 W Summers Dr, Abbeville, LA
      View Details
    • Contact for pricing

      High-Visibility Shopping Center Space

      Retail, service, medical, fitness, and office spaces available for lease.
      4752 Rodeo Rd, Abbeville, LA 70510
      View Details
    • Contact for pricing

      Simple Storage in Abbeville Retail

      Value-add self-storage facility in Lafayette MSA with conversion opportunity.
      2211 Richard St, Abbeville, LA
      View Details
    • Contact for pricing

      Abbeville Retail/Office Space Available

      Retail or office space in a high-traffic location.
      108 Broadmoor Boulevard unit: 106, Abbeville, LA 70510
      View Details
    • Contact for pricing

      Retail Space in Walmart Shadow

      Retail space available in a Walmart shadow center.
      3001-3015 Veterans Memorial Dr, Abbeville, LA
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space in a high-traffic location.
    Where is this retail space located?
    The property is located at 108 Broadmoor Boulevard unit 108 Abbeville, LA.
    What are key features of this property?
    This property features: Strategic location directly in front of Walmart and off Veterans Memorial.; Diverse tenant lineup including Republic Financial, Verizon Wireless, and Planet Nutrition.; Benefit from a built‑in customer base.
    (337) 446-1783
    We can help!
    Listing Contact
    Cassie L Goldsboro
    Real Estate License ID: 0995680237
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!