4500 Highway 90 Broussard, LA 70518
This ±32.41-acre industrial land parcel in Broussard, Louisiana, presents a prime development opportunity. Located on Highway 90 East, the property boasts direct highway access and is strategically positioned near other industrial developments. Its Light Industrial zoning designation allows for a variety of uses. The site is LED Certified, meaning it has undergone extensive due diligence, including environmental studies, soil analysis, and surveys, ensuring a streamlined development process. The certification confirms the absence of wetlands, cultural resources, or environmental concerns, minimizing potential delays. This ready-to-develop site is conveniently located just five miles south of Lafayette Regional Airport and nine miles south of Interstate 10, providing excellent access to transportation networks. Furthermore, its proximity to the I-10 and I-49 interchange offers unparalleled connectivity to major markets across the US. The property is offered at $4,350,000 ($3.07 per square foot), but the owners are open to subdividing the land for separate negotiations. The APN is 6080618. This exceptional location and the completed due diligence make this a highly attractive investment for industrial development.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.