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    Cason Rd Broussard, LA 70518

    Sponsored
    For Sale
    $527,040

    High-dry, unzoned 8-acre industrial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8-acre parcel of land, located at 0 Cason Road in Broussard, Louisiana, presents a unique opportunity for industrial development or residential subdivision. The property boasts a high-dry location, ensuring it's outside of any flood zones, offering peace of mind for future projects. Currently unzoned, this provides flexibility for various development plans, allowing for tailored solutions to meet specific needs. The lot size is substantial, providing ample space for large-scale projects or the creation of multiple smaller lots. With an asking price of $527,040, and a price per acre of $65,880, this represents a competitive investment in a rapidly growing area. The property's APN is 6015194. Conveniently situated in Lafayette Parish, with easy access to Highway 90, this location offers excellent connectivity and visibility. The property is ideal for businesses seeking a strategic location for expansion or new ventures, or developers looking to capitalize on the potential for residential growth in Broussard. This is a rare opportunity to acquire a significant land holding in a desirable location with considerable development potential. Serious inquiries are encouraged.

    Property Features for 0 Cason Rd

    General Information

    Property type
    Land
    Lot Size
    348,480 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broussard
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.9713179
    Latitude
    30.1643147

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    FAQs

    What type of property is this?
    Land - High-dry, unzoned 8-acre industrial lot.
    Where is this land located?
    The property is located at Cason Rd Broussard, LA.
    What is the asking price?
    The asking price for this property is $527,040.
    Request Owner's contact information
    Cason 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
    Cason Rd Broussard, LA 70518
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