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    Ambassador Caffery Pkwy At Hwy 90 Broussard, LA 70518

    Sponsored
    For Sale
    Contact for pricing

    Prime Broussard Retail Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Exceptional retail investment opportunity in Broussard, Louisiana, at the intersection of Ambassador Caffery Parkway and Highway 90 (soon to be I-49 interchange). This development offers vacant outparcels ranging from 0.94 to 7.14 acres available for sale, presenting a unique chance to establish a presence at the southern gateway to Lafayette. The strategic location, eight miles from Lafayette's main retail corridor, allows businesses to capture consumers traveling to and from the city. The impending conversion of Highway 90 to I-49 will significantly enhance the property's value and visibility, transforming this intersection into a major interchange. In addition to land sales, various lease options are available for freestanding retail spaces (6,000 SF and 12,500 SF), in-line retail spaces (8,000 SF, 10,000 SF, two 22,000 SF units), and smaller in-line shops ranging from 1,500 to 19,250 square feet. An anchor tenant space of up to 50,000 square feet is also available for lease. This development presents a compelling opportunity for businesses seeking high-traffic exposure and strong growth potential in a rapidly developing area. The property is located in Lafayette Parish, Louisiana, with a 70518 zip code.

    Property Features for 0 Ambassador Caffery Pkwy At Hwy 90

    General Information

    Property type
    Land
    Lot Size
    40,946 SF

    HighLights

    • Vacant outparcels available for sale, 0.94 to 7.14 acres.
    • Up to 50,000 SF anchor space available for lease.
    • Freestanding retail spaces available for lease: 6,000 SF and 12,500 SF.
    • In‑line retail spaces available for lease.
    • 8,000 SF in‑line space available for lease.
    • 10,000 SF in‑line space available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Broussard
    County
    Lafayette Parish
    State
    Louisiana
    Longitude
    -91.9433347
    Latitude
    30.1175029

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    FAQs

    What type of property is this?
    Land - Prime Broussard Retail Land
    Where is this land located?
    The property is located at Ambassador Caffery Pkwy At Hwy 90 Broussard, LA.
    What are key features of this property?
    This property features: Vacant outparcels available for sale, 0.94 to 7.14 acres.; Up to 50,000 SF anchor space available for lease.; Freestanding retail spaces available for lease: 6,000 SF and 12,500 SF.
    (337) 234-4481
    Request Owner's contact information
    Ambassador Caffery Pkwy At Hwy 90 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
    Ambassador Caffery Pkwy At Hwy 90 Broussard, LA 70518
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