0 Forum Dr Lot Broussard, LA 70518
This exceptional 2.94-acre lot, identified as Lot #12 in the Schaefer Industrial Park, presents a compelling investment opportunity in Broussard, Louisiana. Located on Forum Drive, this property boasts 200 feet of road frontage, providing excellent accessibility. The asking price is $287,953, translating to a highly competitive $97,943 per acre. The property is zoned for industrial use, making it ideal for a variety of commercial and industrial developments. All essential public utilities are readily available, including municipal water and sewer services, along with electricity and gas. The Assessor's Parcel Number (APN) is 382224. This is a cash sale. The property's location in Lafayette and St. Martin County, Louisiana, with a zip code of 70518, offers convenient access to major transportation routes and a thriving business community. The seller is motivated, making this an attractive opportunity for quick action. Don't miss this chance to acquire a strategically located industrial lot in a rapidly growing area. Coordinates are 30.0777316 latitude and -91.924411 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.