Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • 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

    1188 W Mills Ave Breaux Bridge, LA 70517

    Sponsored
    For Sale
    $85,000

    Land - Breaux Bridge, LA

    Lot size:
    3.15 Acres
    Days on Market:
    31
    Last Refresh:
    Feb 4 at 11:06 am

    Property Features for 1188 W Mills Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    Exterior features
    Drive
    Lot size
    3.15 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Beau Thomas

    eXp Realty, LLC (337) 522-7554

    Listing agent Beau Thomas (337) 522-7554

    Listing date Jan 5, 2026

    MLS# 21001519 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Commercial Land on Breaux Bridge

    This 3.15-acre commercial land parcel in Breaux Bridge, LA, offers 750 feet of frontage on the newly resurfaced and widened Breaux Bridge Hwy. The property is zoned general commercial, accommodating various business uses. Located on a busy travel route from Lafayette to Breaux Bridge, it also provides quick access to I-10. The site features a driveway with a limestone parking base, a water well and septic system, and electricity. A proposal for an 8,000 square foot building with a parking layout is available. The property is located at 1188 W Mills Avenue, Breaux Bridge, LA 70517.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Breaux Bridge
    County
    St. Martin
    State
    Louisiana
    Longitude
    -91.926282
    Latitude
    30.270629

    Nearby Similar for Sale

    • $389,000
      4,000 SF

      Historic Breaux Bridge Duplex For Sale

      Historic duplex in downtown Breaux Bridge, suitable for short-term rentals.
      105 Washington St, Breaux Bridge, LA 70517
      View Details
    • $399,000
      4,008 SF

      Historic Mixed-Use Breaux Bridge Property

      Historic mixed-use property in the heart of Breaux Bridge, Louisiana.
      420 Berard St, Breaux Bridge, LA 70517
      View Details
    • $750,000
      5,600 SF

      Turn-Key Daycare Center For Sale

      Established daycare center near the interstate, accommodates up to 102 children.
      1822 Rees Street Ext, Breaux Bridge, LA 70517
      View Details
    • $349,900
      10,500 SF

      Versatile Commercial Property on 3.77 Acres

      10,500 sqft commercial property on 3.77 acres near interstate.
      1217a Henderson Hwy, Breaux Bridge, LA 70517
      View Details
    • $355,000
      2,596 SF

      Restaurant and Retail Opportunity

      Fully equipped restaurant and retail space in Breaux Bridge.
      220 Rees Street Ext, Breaux Bridge, LA 70517
      View Details
    • $250,000
      3,900 SF

      Waterfront Multi-Unit Investment Opportunity

      Rare waterfront multi-unit property on Bayou Teche, Breaux Bridge, LA
      2623 Main Hwy, Breaux Bridge, LA 70517
      View Details
    • $355,000

      Turnkey Restaurant in Breaux Bridge

      Fully equipped restaurant space ideal for coffee house or restaurant.
      220 Rees St, Breaux Bridge, LA 70517
      View Details
    • $5,305,114
      5,497 SF

      Popeyes & Sunoco For Sale

      Popeyes & Sunoco on 1.39 acres in Breaux Bridge, LA.
      2021 Rees St, Breaux Bridge, LA 70517
      View Details
    • $750,000
      10,000 SF

      Office/Warehouse Building For Sale

      10,000 SF office/warehouse building available for sale.
      365 Cannery Rd, Breaux Bridge, LA 70517
      View Details
    • Contact for pricing
      20,000 SF

      Prime Henderson Restaurant & Inn

      Established eatery & 24-room inn, Louisiana.
      1008 Henderson Levee Rd, Henderson, LA 70517
      View Details
    • $310,000
      3,375 SF

      282 Rees Street, Breaux Bridge, LA 70517

      Individual retail properties • 3,375 SF
      282 Rees St, Breaux Bridge, LA 70517
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.15 acres with highway frontage, ready for business.
    Where is this commercial land located?
    The property is located at 1188 W Mills Ave Breaux Bridge, LA.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - 3.15 acres with 750 feet of frontage on Breaux Bridge Hwy.; - Seller financing available with acceptable terms.; - Zoned general commercial for many uses.
    (337) 522-7554
    Request Owner's contact information
    1188 W Mills Ave Breaux Bridge, LA 70517
    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.
    1188 W Mills Ave
    Breaux Bridge, LA 70517
    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
    1188 W Mills Ave Breaux Bridge, LA 70517
    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

    We can help!
    Listing Contact
    Beau Thomas
    (337) 522-7554
    Learn more
    Google sign-in failed. Please try again or use another login method.