Delcambre Rd Breaux Bridge, LA 70517
- Land
Current Use by Public Records
- Land
Property Details for 0 Delcambre Rd
- Property type
- Land
Description
This exceptional 45-acre residential subdivision in Breaux Bridge, Louisiana, presents a compelling investment opportunity. Located approximately nine miles from Lafayette, LA, this property offers significant potential for future development. Phase 1, encompassing 30 lots, is fully completed, with 13 homes already built and occupied. All necessary infrastructure is in place for this phase. Phases 2 and 3, each comprising 30 lots, require estimated infrastructure investments of $175,000 each. The subdivision includes a completed, water-filled lake, enhancing its appeal. Vacant lots in Phase 1 have sold for approximately $25,000 to $30,000. A prime commercial corner lot is also included, offering additional development possibilities. The property is zoned for residential single-family homes with one commercial corner lot. The total lot size is 17,600 square feet, and the asking price is $1,025,000. The property is owned by an LLC and is being sold by the owner. A 2015 appraisal valued the property at $1,150,000. Upon full build-out, the subdivision will consist of 90 residential lots and one commercial corner lot. Offers exceeding $975,000 will be considered.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Breaux Bridge
- County
- St Martin Parish
- State
- Louisiana
- Longitude
- -91.8664
- Latitude
- 30.2667
