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Property profile & analytics
OFF-MARKET
Land

0 Labit Rd New Iberia, LA 70560

4.66 ac lot
Property ID
Property summary
AI-generated overview

This 4.66-acre property, located in Broussard, Louisiana, presents a unique investment opportunity. Situated near Highway 90, it offers convenient access to essential amenities such as grocery stores, restaurants, and hospitals. The property's zoning permits commercial, farm, and residential uses, providing exceptional flexibility for potential development. Its unrestricted nature allows for a wide range of possibilities, from industrial projects to a tranquil residential setting. The land's proximity to Forum Drive in Broussard (approximately 1200 feet) further enhances its appeal for industrial development. The asking price is $200,000, translating to approximately $42,918 per acre. The property's address is Labit Rd, Broussard, LA 70560, with GPS coordinates of 30.0666288 latitude and -91.922885 longitude. Any existing lease on the property expires on April 10, 2025. This versatile land parcel offers significant potential for a variety of uses, making it an attractive investment in a desirable location.

Property profile
Verified
Property type Land
Lot 4.66 ac (202,990 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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