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    901 St Nazaire Rd Broussard, LA 70518

    For Sale
    $2,509,000

    Prime Broussard location, 7.2 acres, adjacent to sports complex.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.2-acre commercial land parcel presents a unique investment opportunity in Broussard, Louisiana. Located at 901 St. Nazaire Road, this property (APN 6149952) boasts a highly desirable location directly adjacent to the Broussard Sports Complex, also known as St. Julien Park. The asking price is $2,509,000, translating to approximately $348,472 per acre. This vacant land offers significant potential for various commercial developments, benefiting from its proximity to a well-established recreational facility and the vibrant Broussard community. The property is situated in Lafayette Parish, within the Lafayette MSA, and falls under Submarket/Township H. The street number is approximate, as indicated on the attached sketch (Parcel C). This prime location offers excellent visibility and accessibility, making it an ideal site for a wide range of commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The property's size and location make it a compelling investment in a rapidly growing area. Further details are available upon request.

    Property Features for 901 St Nazaire Rd

    General Information

    Property type
    Land
    Lot Size
    313,632 SF

    HighLights

    • MSA: Lafayette, LA
    • County: Lafayette Parish, LA
    • Submarket: H
    • Property Tax ID: 6149952
    • Price: $348,472 per acre
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broussard
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.934905
    Latitude
    30.136122

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    FAQs

    What type of property is this?
    Land - Prime Broussard location, 7.2 acres, adjacent to sports complex.
    Where is this land located?
    The property is located at 901 St Nazaire Rd Broussard, LA.
    What is the asking price?
    The asking price for this property is $2,509,000.
    What are key features of this property?
    This property features: MSA: Lafayette, LA; County: Lafayette Parish, LA; Submarket: H
    Request Owner's contact information
    901 St Nazaire Rd Broussard, LA 70518
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    Broussard, LA 70518
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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
    901 St Nazaire Rd Broussard, LA 70518
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