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Property profile & analytics
OFF-MARKET
Land

116 Sweetland Ave Broussard, LA 70518

4.82 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.82-acre commercial land parcel presents a unique investment opportunity in Broussard, Louisiana. Strategically located near the intersection of Albertsons Parkway and Highway 90, this fully cleared and utility-ready site boasts unparalleled visibility to approximately 35,000 vehicles daily. The property's prime location is surrounded by a thriving mix of established businesses, including Albertsons, Home Depot, Walmart, La Quinta Inn, and various restaurants, ensuring high traffic and customer exposure. Zoned Community Commercial (CC), this land is suitable for a wide range of commercial developments, from retail centers and specialty shops to mixed-use projects. The site's development-ready status, coupled with planned city improvements including the "STREETSCAPE" project enhancing nearby streets, makes this a truly exceptional opportunity. The property's APN is 6131945; 6131944, and the asking price is $800,000, translating to approximately $165,975 per acre. This is a rare chance to capitalize on Broussard's rapid growth and secure a prominent location in a highly desirable commercial area. The address is 110-116 Sweetland Ave, Broussard, LA 70518.

Property profile
Verified
Property type Land
Lot 4.82 ac (209,959 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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