1164 Smede HwyBroussard, LA 70518

Property Details for 1164 Smede Hwy

Year built

2012

Lot size

7.58 AC

Property size (Sq ft)

31,475 SF

Property type

Commercial real estate

APN

18202A0551

APU

18202A0551

Description

This exceptional investment opportunity presents three warehouse buildings totaling 91,232 square feet situated on a 7.58-acre lot in Broussard, Louisiana. Constructed in 2012, this property boasts a desirable I-1 zoning designation, offering significant flexibility for a variety of industrial uses. The buildings feature a two-story design, providing ample space for both storage and office functions. The property's address is 1164 Smede Hwy, Broussard, LA 70518, and its location within St. Martin Parish offers convenient access to major transportation routes. The asking price for this substantial property is $7,550,000. The property's Assessed Parcel Number (APN) is 18202A0551. This is a rare opportunity to acquire a well-maintained, sizable warehouse complex in a thriving Louisiana market. The substantial lot size provides ample room for expansion or future development. The combination of size, location, and zoning makes this an attractive proposition for investors seeking a strong return on investment in the industrial sector. The property's solid construction and relatively recent build date contribute to its long-term value and potential. Serious inquiries are encouraged to explore this compelling investment opportunity further.

• Alternative Use

  Use

  Valuation

  Residential

  $4,935,944

  Hospitality

  $4,521,298

  Educational

  $3,761,667

  Medical

  $3,891,036

  Retail

  $5,851,482

Location Insight

City

Broussard

County

Saint Martin

State

Louisiana

Latitude

30.0935

Longitude

-91.9284

CBSA code

29180

CBSA name

LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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