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    1132 Bernard Rd Broussard, LA 70518

    Sponsored
    For Sale
    $272,088

    1.04-acre commercial lot, prime Broussard location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.04-acre commercial land parcel is ideally situated in Broussard, Louisiana, at 1132 S. Bernard Rd, zip code 70518, in Lafayette Parish. Priced at $272,088, this represents a land value of $283,140 per acre. The property boasts excellent visibility due to its location between Ambassador Caffery Parkway and Heart D Farm Road, placing it in a fast-growing area of Broussard. The lot is zoned CA - Ambassador Caffery Commercial, allowing for a variety of commercial uses, including office, retail, and retail-pad developments. Municipal water and electric utilities are available. Note that sewer service is not available. Several pipeline easements run along the southern edge of the property. The property's APN is 6161629. This location offers proximity to the new Ochsner Clinic, further enhancing its appeal and potential for future development. Detailed plat information is available upon request. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Louisiana community.

    Property Features for 1132 Bernard Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    45,302 SF

    HighLights

    • Located on Ambassador Caffery Pkwy & Heart D Farm Rd.
    • Excellent visibility.
    • Existing pipeline easements.
    • Electric and water utilities available.
    • Municipal water service.
    • No sewer service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.9755848
    Latitude
    30.1343291

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    FAQs

    What type of property is this?
    Individual retail property - 1.04-acre commercial lot, prime Broussard location.
    Where is this individual retail property located?
    The property is located at 1132 Bernard Rd Broussard, LA.
    What is the asking price?
    The asking price for this property is $272,088.
    What are key features of this property?
    This property features: Located on Ambassador Caffery Pkwy & Heart D Farm Rd.; Excellent visibility.; Existing pipeline easements.
    Request Owner's contact information
    1132 Bernard 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
    1132 Bernard Rd Broussard, LA 70518
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