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    Forum Dr Broussard, LA

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    For Sale
    $203,140

    Commercial land available at the corner of Forum and Southwestern.

    Lot size:
    2.90 Acres

    Property Features for Forum Dr

    General Information

    Lot size
    2.90 Acres

    Source: NAI Rampart Commercial Real Estate Lafayette Agent Dewitt C David

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot for Commercial Development

    This commercial land, identified as Lot #17, is located at the corner of Forum Drive and Southwestern Drive, directly across from the Forum Energy facility. The site benefits from the availability of public water, sewer, and electricity. Restrictive covenants are in place.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Broussard
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9612305
    Latitude
    30.147146

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    FAQs

    What type of property is this?
    Land - Commercial land available at the corner of Forum and Southwestern.
    Where is this land located?
    The property is located at Forum Dr Broussard, LA.
    What is the asking price?
    The asking price for this property is $203,140.
    What are key features of this property?
    This property features: - Public water, sewer, and electricity available.; - Corner lot location.; - Reasonable offers considered.
    (337) 298-6169
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    Forum Dr Broussard, LA
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    Realmo Value Estimation

    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.

    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.

    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
    Forum Dr Broussard, LA
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