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    Flex Space with Turnkey Upgrades Title is generated by Realmo AI

    1615 Anse Broussard Highway, Breaux Bridge, LA 70517

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    For Sale
    $229,000

    COMMERCIAL - Breaux Bridge, LA

    Property size:
    3,200 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $71/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 1615 Anse Broussard Highway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    commercial
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking
    20
    Parking features
    Parking Lot
    Exterior features
    Partially Fenced, OH Door < 10 Ft, Pole Sign
    Fencing
    Partial
    Standard status
    Active
    APN
    05902b2660
    Size
    3,200 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Description
    LOT: 151.53 X 174.20 X 148.47 X 180 HWY. 328, BROUSSARD, TRACT A, BENOITCOB: 1265-369-287661 1323-739-317036 1343-628-328128 1394-667-358495 1402-365-364264 1425-775-378822 1652-185-468188 1798-249-524051 1836-484-540943 1862-258-552218 1862-562-552410

    Utilities

    Sewer type
    Private Sewer, Septic Tank
    Heating system
    Electric (Heating), Central, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Alina Perro
    Alina Perro

    Listing agent Alina Perro License #0995695121

    Listing office EXP Realty, LLC 1318 Camellia Blvd. Suite 222, Lafayette, LA

    Listing date Jun 3, 2026

    MLS# 2600004944

    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

    • Concrete flooring and central heating with central air
    • Metal roof
    • Public water with private sewer and septic tank
    • Parking lot parking
    • Partially fenced property with pole sign and an overhead door under 10 ft

    Overview

    This commercial flex space has upgrades already completed, designed to help a new operator open and start working without waiting for renovations. The property is flexible in how it can be used, with the current build able to be adapted for concepts such as a restaurant, bakery, retail shop, or a gym.

    Located in Breaux Bridge, Louisiana, the building is situated on a 0.5-acre lot in St. Martin Parish. The offering is supported by a straightforward commercial zoning designation, making it suitable for a range of neighborhood-serving business uses.

    For tenants, buyers, or owner-operators looking for an adaptable commercial footprint, this property provides a practical starting point with improvements already in place and a layout that can support multiple retail and service formats. The broad conversion potential can be helpful for operators who want to align the space with their specific business model—whether that’s food service, general retail, or fitness—while working within a commercially zoned setting.
    Property Profile Location Intelligence

    Current Use by Public Records

    K-Asian Hot Food Restaurant

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Bar & Pub Electronics & Wireless Store Arcade & Gaming Center Mobile Phone Store (Bike/Boat/Book/etc) Store

    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
    -91.885197
    Latitude
    30.310919

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    FAQs

    What type of property is this?
    Flex space - Commercial flex building in Breaux Bridge offers turnkey upgrades with flexible options for restaurant, retail, or fitness use.
    Where is this flex space located?
    The property is located at 1615 Anse Broussard Highway Breaux Bridge, LA.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: Concrete flooring and central heating with central air; Metal roof; Public water with private sewer and septic tank
    (337) 523-1284
    We can help!
    Listing Contact
    Alina Perro
    Alina Perro
    Real Estate License ID: 0995695121
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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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    1615 Anse Broussard Highway, Breaux Bridge, LA 70517
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