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    Garber Rd Broussard, LA 70518

    Sponsored
    For Sale
    $105,600

    Prime Industrial Land, 41,998 SF, $2.51/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 41,998 square foot industrial land parcel is located in the burgeoning Garber Industrial Park, Unit #30, Broussard, Louisiana, zip code 70518. Offered at $105,600, this represents a compelling land value of $2.51 per square foot. Situated in Lafayette Parish, this property is part of a new industrial park development, with lots in Phase 2 currently under conditional approval by the City of Broussard. The precise lot dimensions are available upon request via the attached plat map. This presents a unique opportunity for businesses seeking a strategically located industrial site in a rapidly growing area. The property's address is Garber Road, Unit #30, Broussard, LA 70518. Buyers are advised to review the provided plat map for accurate lot boundaries and details. This is a remarkable chance to acquire land in a thriving industrial park, poised for significant future growth. Act quickly to secure this prime industrial land opportunity.

    Property Features for 0 Garber Rd

    General Information

    Property type
    Land

    HighLights

    • $105,600 asking price for this industrial land parcel.
    • 41,998 square foot lot size.
    • $2.51 per square foot land value.
    • Located in Broussard, LA, 70518, Garber Road, Unit #30, Lafayette Parish.
    • Part of a new industrial park; Phase 2 lots are conditionally approved by the City of Broussard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broussard
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.968883
    Latitude
    30.1684654

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, 41,998 SF, $2.51/SF
    Where is this land located?
    The property is located at Garber Rd 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 industrial land parcel.; 41,998 square foot lot size.; $2.51 per square foot land value.
    Request Owner's contact information
    Garber 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
    Garber Rd Broussard, LA 70518
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