116 Sweetland Ave Broussard, LA 70518
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.
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.