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    Garber Industrial Park Unit Broussard, LA 70518

    For Sale
    $105,600

    Prime Commercial Land, 41,997 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial land parcel, identified as Lot #29 in the burgeoning Garber Industrial Park, presents a unique investment opportunity in Broussard, Louisiana. Spanning 41,997 square feet, this property offers significant potential for development within a thriving industrial area. The asking price is $105,600, translating to a land value of $2.51 per square foot. Located in Lafayette Parish, with a Broussard address and 70518 zip code, this lot is conveniently situated at Garber Industrial Park, Unit #29. The property's precise dimensions can be verified by reviewing the attached plat map. It's important to note that this lot is part of Phase 2 of the development, and sales are contingent upon receiving final approval from the City of Broussard. This new industrial park offers a promising location for businesses seeking to establish a presence in a rapidly growing area. The APN for this property is 1690001755. Don't miss this chance to secure a prime piece of commercial real estate in a dynamic Louisiana market. Detailed lot dimensions are available on the attached plat.

    Property Features for 0 Garber Industrial Park Unit

    General Information

    Property type
    Land

    HighLights

    • $105,600 asking price for this commercial land parcel.
    • 41,997 square foot lot size.
    • $2.51 per square foot land value.
    • Located in Garber Industrial Park, Unit #29, Broussard, LA 70518.
    • APN: 1690001755.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broussard
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.9294681
    Latitude
    30.1217279

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, 41,997 sq ft
    Where is this land located?
    The property is located at Garber Industrial Park Unit Broussard, LA.
    What is the asking price?
    The asking price for this property is $105,600.
    What are key features of this property?
    This property features: $105,600 asking price for this commercial land parcel.; 41,997 square foot lot size.; $2.51 per square foot land value.
    Request Owner's contact information
    Garber Industrial Park Unit 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
    Garber Industrial Park Unit Broussard, LA 70518
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