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    Garber Rd Broussard, LA 70518

    Sponsored
    For Sale
    $216,350

    Prime 1.98-Acre Industrial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.98-acre industrial lot, identified as Lot #26 in the Garber Industrial Park, presents a remarkable opportunity for development in Broussard, Louisiana. Located on Garber Rd, zip code 70518, this property boasts a substantial 86,540 square feet of land, perfectly suited for a variety of industrial uses. The asking price is $216,350, translating to a competitive land value of $2.50 per square foot. Situated in Lafayette Parish, this site offers excellent access to major transportation routes, making it ideal for businesses requiring efficient logistics and distribution. The expansive lot size allows for the construction of a large warehouse facility, ample vehicle parking, and/or equipment storage, catering to a wide range of industrial needs. This is a rare opportunity to acquire a sizable, well-located industrial lot in a thriving Louisiana market. The property's zoning and potential uses should be verified independently. Don't miss this chance to secure a prime piece of industrial real estate in Broussard. All information is deemed reliable but not guaranteed.

    Property Features for 0 Garber Rd

    General Information

    Property type
    Land
    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 1.98-Acre Industrial Lot
    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 $216,350.
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    Garber Rd 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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