Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Hwy 31 Road lot 2 Breaux Bridge, LA 70517

    View on Map
    Claim this Listing
    New
    For Sale
    $53,000

    LAND - Breaux Bridge, LA

    Lot size:
    0.28 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    5
    Last Refresh:
    May 4 at 10:06 am

    Property Features for Hwy 31 Road lot 2

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    06802d4035
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Description
    TBD -LEGAL DESCRIPTIONS WILL BE DONE AT CLOSING.

    Utilities

    Utilities
    Water Available
    Sewer type
    Private Sewer

    We can help!

    Listing Contact
    Charles Ditch
    Charles Ditch

    Listing agent Charles Ditch License #995695266

    Listing office Keaty Real Estate Team 350 Doucet Rd Ste. B, Lafayette, LA

    Listing date Apr 30, 2026

    MLS# 2600003830 Listing URL

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lot in New Subdivision

    This residential lot, measuring 60' x 200' (approximately 12,000 sqft), is located in The Cottages at LA 31, a new 34-lot subdivision in St. Martin Parish on LA Hwy 31. The subdivision allows buyers to bring their own builder, with no preferred-builder requirement or production-builder lock-in. A minimum home size of 1,550 sqft is planned, with finished homes projected to be valued at $275,000 or more. Phase 1 of the development includes 32 residential lots, along with two commercial/residential corner lots that front LA Hwy 31. Dirt work is currently underway. Phases 2 and 3, encompassing approximately 23 additional acres, have already been approved by St. Martin Parish Planning & Zoning and will include 52-57 future lots. The association fees are currently unknown and will be determined when recorded restrictions are filed. All 32 Phase 1 residential lots are available. Additional acreage beyond Phase 1 is also available for builders looking to develop the entire neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Breaux Bridge
    County
    St. Martin
    State
    Louisiana
    Longitude
    -91.925185
    Latitude
    30.286092

    Nearby Similar for Sale

    • $725,000
      8,663 SF

      Versatile Industrial Facility on 4.82 Acres

      Industrial facility with office, warehouse, and heavy-duty yard space.
      1088 Bergeron Rigs Road, Breaux Bridge, LA 70517
      View Details
    • $299,900
      10,500 SF

      Versatile Commercial Property on 3.77 Acres

      10,000 sqft commercial space on nearly 4 acres.
      1217a Henderson Hwy, Breaux Bridge, LA 70517
      View Details
    • $569,999
      4,800 SF

      Versatile Commercial Property in Breaux

      Spacious commercial property in downtown Breaux Bridge, ideal for businesses.
      218 E Bridge Street, Breaux Bridge, LA 70517
      View Details
    • $399,000
      4,008 SF

      Historic Mixed-Use Breaux Bridge Property

      Historic mixed-use property in the heart of Breaux Bridge.
      420 Berard Street, Breaux Bridge, LA 70517
      View Details
    • $510,000

      Prime Commercial Land Near I-10

      17 acres near I-10, ideal for commercial or residential development.
      Atchafalaya River Highway lot: Rural Tract, Breaux Bridge, LA 70517
      View Details
    • $355,000
      2,596 SF

      Restaurant Space in Breaux Bridge

      Fully equipped restaurant space with potential for various ventures.
      220 Rees Street, Breaux Bridge, LA 70517
      View Details
    • $575,000
      2,630 SF

      Historic Breaux Bridge Commercial Property

      Unique commercial property in downtown Breaux Bridge with historic charm.
      300 E Bridge Street, Breaux Bridge, LA 70517
      View Details
    • $350,000

      Waterfront Land Near I-10

      10-acre waterfront property near I-10, Breaux Bridge, Louisiana.
      Atchafalaya River Highway, Breaux Bridge, LA 70517
      View Details
    • $150,000

      Breaux Bridge Land Opportunity

      4+ acre cleared land suitable for commercial or residential development.
      Doyle Melancon Road lot: 3A-1, Breaux Bridge, LA 70517
      View Details
    • $945,000

      Waterfront Land in Butte La Rose

      167-acre tract with waterfront access and development potential.
      Atchafalaya River Highway, Breaux Bridge, LA 70517
      View Details
    • $400,000

      Bayou-Front Land in Breaux Bridge

      8.57 acres of bayou-front property in Breaux Bridge, Louisiana.
      1311 S Main Street, Breaux Bridge, LA 70517
      View Details
    • $50,000

      Breaux Bridge Land Opportunity

      Cleared, level land suitable for commercial or residential development.
      Doyle Melancon Road lot: 3, Breaux Bridge, LA 70517
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 60' x 200' residential lot in St. Martin Parish.
    Where is this residential land & home lot located?
    The property is located at Hwy 31 Road lot 2 Breaux Bridge, LA.
    What is the asking price?
    The asking price for this property is $53,000.
    What are key features of this property?
    This property features: Large 12,000 sqft residential lot.; Bring your own builder -- no preferred‑builder requirement.; Located in a new 34‑lot subdivision, The Cottages at LA 31.
    (337) 501-9467
    We can help!
    Listing Contact
    Charles Ditch
    Charles Ditch
    Real Estate License ID: 995695266
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Hwy 31 Road lot: 2, Breaux Bridge, LA 70517

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!