500 Blk Hardware Rd Broussard, LA 70518
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.
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.