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    1015 Cruse Ave Broussard, LA 70518

    Sponsored
    For Sale
    $725,000

    12,400 SF Office & Warehouse, $725K

    Property size:
    12,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Broussard, Louisiana property, located at 1015 N Cruse Ave, offers a unique blend of office and warehouse space, totaling 12,400 square feet. The building, constructed in 1975, sits on a 0.98-acre lot, mostly concreted and fenced, and is zoned for industrial use. The property features 8,100 square feet of executive office space and a 4,300 square foot warehouse with 20-foot eaves and four 12-foot wide by 16-foot high roll-up doors. A significant advantage is the inclusion of a 2-ton bridge crane in the warehouse's front half, along with insulated ceiling and walls. The warehouse also benefits from three-phase power. Additional covered parking is provided by a 2,520 square foot 10-car canopy, a 495 square foot front entrance canopy, and a 260 square foot rear canopy break area, bringing the total under-roof area to 15,675 square feet. High-speed fiber optics are available, enhancing connectivity. The asking price is $725,000, translating to $58.47 per square foot. The property's APN is 41131170. This is a prime opportunity for a business seeking a versatile and well-equipped space in a convenient location.

    Property Features for 1015 Cruse Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    12,400 SF
    Lot Size
    42,689 SF

    Building Details

    Year Built
    1975
    Buildings
    1
    Stories
    1

    HighLights

    • 1 Acre lot, 43,560 square feet
    Property Profile Location Intelligence

    Current Use by Public Records

    SirruX Cloud Solutions Software Company

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Wholesale Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Broussard
    State
    Louisiana
    Longitude
    -91.9385154
    Latitude
    30.107263

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    FAQs

    What type of property is this?
    Distribution property - 12,400 SF Office & Warehouse, $725K
    Where is this distribution property located?
    The property is located at 1015 Cruse Ave Broussard, LA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: 1 Acre lot, 43,560 square feet; ;
    Request Owner's contact information
    1015 Cruse Ave 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
    1015 Cruse Ave Broussard, LA 70518
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