Property profile

1001 La-182 Broussard, LA 70518

OFF-MARKET
Life science properties
15,330 SF Built 2014
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Property summary

AI-generated overview

This exceptional 15,330-square-foot Class A flex/R&D building, situated on approximately 1.85 acres in Broussard, Louisiana, presents a unique investment opportunity. Built in 2014, this single-story structure boasts a heavy post-tension slab foundation and an engineered structural steel frame, ensuring durability and flexibility. The building features a modern design with a standing seam metal roof, high-quality architectural metal façade panels, and a full building card access security system. Amenities include a fitness center with showers, a large break room, a covered outdoor break area, a conference area, and collaborative workspaces. The interior layout comprises a spacious lobby, twelve private offices, three collaborative work areas (easily convertible to additional offices), a large training room, a 24-hour operations room, and a small warehouse/shop area with an overhead door. All lighting is LED, and the building is generator-ready. The property is served by municipal sewer and water and has broadband fiber access. This Louisiana Development Certified Site has undergone extensive due diligence, including environmental studies, soil analysis, and surveys, making it highly attractive to site selection firms. Complete construction drawings are available. The property is currently vacant and offered at $2,950,000, with a price per square foot of $228.31. The zoning is Light Industrial, and the APN is 6148335. This prime location is near a recently constructed 400,000+ square-foot PPE facility. The absence of internal load-bearing walls allows for easy customization and future expansion.

Property profile

Verified
Property type Life science properties
Year built 2014
Total area 15,330 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 La-182 Broussard, LA 70518
Broussard metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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