Property profile

7700 Ambassador Caffery Pkwy Broussard, LA 70518

OFF-MARKET
Retail properties & Spaces
1 SF 1 ac lot
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Property summary

AI-generated overview

This exceptional 32.39-acre site presents a remarkable opportunity for commercial development in Broussard, Louisiana. Located on the 7700 block of Ambassador Caffery Parkway, this proposed mixed-use development offers unparalleled flexibility. Plans accommodate a diverse range of users, including office, retail, and restaurant establishments. A key feature is a planned 250-unit apartment complex, creating a vibrant and attractive environment for businesses. The property is available for purchase in its entirety or can be divided into smaller tracts, catering to various development needs and budgets. This prime location boasts convenient access, enhanced by strategically installed turning lanes for optimal traffic flow in both directions. The property's zoning and potential uses make it an ideal investment for developers seeking a high-impact project in a rapidly growing area. The existing infrastructure and planned amenities create a compelling opportunity for a thriving commercial hub. This is a rare chance to acquire a large, versatile parcel in a desirable location with significant potential for long-term growth and return. The site's size and location make it suitable for a variety of development scenarios, from a single large-scale project to a collection of smaller, complementary businesses. The inclusion of the planned apartment complex adds a significant residential component, further enhancing the overall appeal and potential of the development.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

7700 Ambassador Caffery Pkwy Broussard, LA 70518
Broussard metro
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Value estimations

Realmo proprietary · 4 methods
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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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