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

    Tbd Hwy 31 Breaux Bridge, LA 70517

    Sponsored
    For Sale
    $699,000

    Land - Breaux Bridge, LA

    Lot size:
    37.74 Acres
    Days on Market:
    215
    Last Refresh:
    Feb 1 at 12:06 am

    Property Features for Tbd Hwy 31

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Misc. General
    Exterior features
    Rough Graded
    Lot size
    37.74 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Charles Ditch
    Charles Ditch

    Keaty Real Estate L.L.C. (337) 235-7770

    Listing agent Charles Ditch (337) 235-7770

    Listing date Jul 2, 2025

    MLS# 2500000867 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

    Overview

    Breaux Bridge Land Parcel Opportunity

    This 37.74-acre land parcel, located at TBD HWY 31 in Breaux Bridge, Louisiana, is suitable for a multi-phase residential and commercial development. The entire property is located in Flood Zone X. Phases 1, 2, and 3 have already received approval from the St. Martin Parish Planning and Zoning, streamlining the planning process. Phase 1 includes 32 residential lots, each approximately 60x200 feet, along with two commercial lots of 1.25 acres and 0.75 acres. Construction plans for Phase 1 are in final review, with an anticipated completion around September 2025. An additional 23 acres are allocated for Phases 2 and 3, potentially accommodating 52 to 57 more residential lots. This property is suited for developers and builders interested in community building in Louisiana.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Breaux Bridge
    County
    St. Martin
    State
    Louisiana
    Longitude
    -91.9325
    Latitude
    30.2731

    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?
    Land - 37.74-acre land parcel approved for residential and commercial development.
    Where is this land located?
    The property is located at Tbd Hwy 31 Breaux Bridge, LA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Multi-phase residential and commercial development land parcel of 37.74 acres.; - Phases 1, 2, and 3 are already approved by St. Martin Parish Planning and Zoning.; - Phase 1 is ready to go with **32 residential lots and 2 commercial lots.**
    (337) 235-7770
    Request Owner's contact information
    Tbd Hwy 31 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.
    Tbd Hwy 31
    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
    Tbd Hwy 31 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
    Charles Ditch
    Charles Ditch
    Real Estate License ID: 995695266
    (337) 235-7770
    Learn more
    Google sign-in failed. Please try again or use another login method.