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Property profile & analytics
OFF-MARKET
Land

90 Ambassador Caffery Pkwy At Hwy Broussard, LA 70518

0.94 ac lot
Property ID
Property summary
AI-generated overview

Exceptional retail investment opportunity in Broussard, Louisiana, at the intersection of Ambassador Caffery Parkway and Highway 90 (soon to be I-49 interchange). This development offers vacant outparcels ranging from 0.94 to 7.14 acres available for sale, presenting a unique chance to establish a presence at the southern gateway to Lafayette. The strategic location, eight miles from Lafayette's main retail corridor, allows businesses to capture consumers traveling to and from the city. The impending conversion of Highway 90 to I-49 will significantly enhance the property's value and visibility, transforming this intersection into a major interchange. In addition to land sales, various lease options are available for freestanding retail spaces (6,000 SF and 12,500 SF), in-line retail spaces (8,000 SF, 10,000 SF, two 22,000 SF units), and smaller in-line shops ranging from 1,500 to 19,250 square feet. An anchor tenant space of up to 50,000 square feet is also available for lease. This development presents a compelling opportunity for businesses seeking high-traffic exposure and strong growth potential in a rapidly developing area. The property is located in Lafayette Parish, Louisiana, with a 70518 zip code.

Property profile
Verified
Property type Land
Lot 0.94 ac (40,946 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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