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    700 Saint Nazaire Road Broussard, LA 70518

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    Claim this Listing
    For Sale
    $675,000

    COMMERCIAL - Broussard, LA

    Lot size:
    9.00 Acres
    Added:
    Aug 17, 2025
    Days on Market:
    264
    Last Refresh:
    May 7 at 3:06 am

    Property Features for 700 Saint Nazaire Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Light Industria
    Standard status
    Active
    APN
    6049694
    Lot size
    9.00 Acres

    Taxes and HOA fees

    Tax Description
    TR B SEC 35 T10S R5E(3.179 AC)(250X563.72X250X564.81)TR A SEC 35 T10S R5E(5.8527 AC)(250X1018.45)(1979-16803)

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Angelle Dueitt

    Listing agent Angelle Dueitt License #0995690198

    Listing office HUNCO Real Estate 822 Harding St Ste 200, Lafayette, LA

    Listing date Aug 17, 2025

    MLS# 2500002465 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.

    HighLights

    • Prime industrial vacant land in Broussard's thriving business district, ideal for commercial development.
    • Strategic location with excellent accessibility and proximity to major transportation corridors, perfect for logistics and distribution.
    • Flexible industrial zoning allows for manufacturing, warehousing, distribution, or mixed‑use commercial ventures.
    • Robust commercial ecosystem with neighboring businesses attracting investment and growth.
    • Convenient access to construction supplies with Home Depot within walking distance.
    • Water available and public water source.

    Overview

    Prime Industrial Land in Broussard

    This 9-acre industrial vacant land offers an exceptional opportunity for commercial development in Broussard's thriving business district. The property's industrial zoning provides flexibility for various business operations while maintaining compliance with municipal development standards. The location benefits from excellent accessibility and proximity to major transportation corridors, making it ideal for logistics and distribution operations. Neighboring businesses have established a robust commercial ecosystem that continues to attract investment and growth. Recreation enthusiasts will appreciate the nearby Saint Julien Park, offering green space and community amenities. The convenience of having Home Depot within walking distance provides easy access to construction supplies and materials for development projects. Walmart Supercenter ensures that daily necessities and services remain accessible to future employees or business operations, and Albertsons adds another layer of convenience for grocery and retail needs. This vacant parcel represents a blank canvas for visionary developers and business owners seeking to establish their operations in a well-connected, commercially vibrant area. The combination of industrial zoning flexibility, strategic location, and proximity to established retail and recreational amenities creates a compelling investment opportunity. Whether you're planning a new manufacturing facility, distribution center, or innovative commercial venture, this property provides the foundation for success in Broussard's dynamic business environment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.935257
    Latitude
    30.13528

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    FAQs

    What type of property is this?
    Industrial land - 9-acre industrial land for sale in Broussard, Louisiana.
    Where is this industrial land located?
    The property is located at 700 Saint Nazaire Road Broussard, LA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Prime industrial vacant land in Broussard's thriving business district, ideal for commercial development.; Strategic location with excellent accessibility and proximity to major transportation corridors, perfect for logistics and distribution.; Flexible industrial zoning allows for manufacturing, warehousing, distribution, or mixed‑use commercial ventures.
    (337) 962-0976
    We can help!
    Listing Contact
    Angelle Dueitt
    Real Estate License ID: 0995690198
    Learn More
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    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
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