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Property profile & analytics
OFF-MARKET
Land

701 St Nazaire Rd Broussard, LA 70518

7.97 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.97-acre parcel presents a unique investment opportunity at the main entrance to St. Julien Park in Broussard, Louisiana. Located at 701 St Nazaire Rd, zip code 70518, this property boasts a highly desirable location adjacent to the Broussard Sports Complex, ensuring significant visibility and accessibility. The land is zoned for Light Industrial use, offering flexibility for a variety of development projects. All public utilities are readily available, simplifying the development process. The asking price is $3,124,600, translating to $392,045 per acre, reflecting the prime location and development potential. The property's Assessed Parcel Number (APN) is 6162344. Situated in Lafayette Parish, Louisiana, this land benefits from its proximity to the Lafayette MSA, a thriving economic hub. While the street number is approximate, the property's strategic location at the entrance to St. Julien Park guarantees high traffic and exposure, making it ideal for commercial or residential development. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area with excellent infrastructure and accessibility. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 7.97 ac (347,173 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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