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Property profile & analytics
OFF-MARKET
Land

500 Blk Hardware Rd Broussard, LA 70518

5.42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.42-acre commercial land parcel presents a remarkable investment opportunity in Broussard, Louisiana. Located on the 500 Block of Hardware Road, this property boasts a strategic position near Ambassador Caffery Parkway and Highway 90, ensuring high visibility and convenient access for businesses and customers. The asking price is $495,000, translating to approximately $91,328 per acre. Its expansive size offers considerable flexibility for a wide range of commercial developments, including retail, industrial, or mixed-use projects. The property's location within the thriving Broussard community, coupled with its proximity to the larger Lafayette metropolitan area, provides excellent logistical advantages and access to a robust workforce and consumer base. The site's potential for significant returns is further enhanced by the ongoing growth and development within the region. The property's Assessed Parcel Number (APN) is 6048695. This is a rare chance to acquire a substantial commercial land holding in a high-demand area, promising long-term value and significant potential for future growth. The property is zoned for commercial use (verification of zoning with local authorities is recommended). This prime location offers unparalleled potential for investors seeking a strong foothold in a dynamic and expanding market. Don't miss this exceptional opportunity to secure a piece of Broussard's vibrant commercial landscape.

Property profile
Verified
Property type Land
Lot 5.42 ac (236,095 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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