$1,100,000 7,380 SF

101 E 2Nd St, Broussard, LA 70518
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This restaurant property includes a 7,380-square-foot building situated on a 0.72-acre site. Interior features include tile and wood flooring and four bathrooms. The building is equipped with central heating and central air conditioning, a metal roof, and an overhead door under 10 feet, and it has a pole sign. The property is located at 101 E 2nd Street in Broussard and is zoned C1, with public water service and public sewer.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$5k

Tax billed · 2023

Assessed value$53k

Assessed land$6k

Assessed improvement$47k

Effective rate8.66%

Value estimate

· Nov 2026

$305k

$275k – $336k

Submarket $/SF estimate$533k

NOI build-up

Gross scheduled income$139k

Vacancy & credit loss−$11k

Operating expenses−$32k

NOI · 8.72% cap applied$96k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$125/SF

County average, outlier-cleaned · 284 recorded sales of this use type

Observed band · Q1–Q3$72 – $184

Qualifying comparables10

Cap rate analysis

How does the asset earn?

8.72%

$96k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAFAYETTE

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm13.8

Realty agency13.5

Dental Office10.6

101 E 2Nd St Broussard, LA 70518

County assessor Recorded deeds · not on file 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby

Address Sale price Sold Size

101 Mineral, Broussard, LA 70518 $1,090,084 Oct 2025 9,285 SF

1069 Freeman, Broussard, LA 70518-5722 $600,000 Aug 2024 4,320 SF

1034 Carlton, Broussard, LA 70518-5500 $625,000 Jul 2024 4,250 SF

1288 Smede, Broussard, LA 70518-8032 $300,000 Jul 2023 8,000 SF

Cruse, Broussard, LA 70518 $230,000 Nov 2021 6,080 SF

1169 Wall, Broussard, LA 70518-8026 $4,797 Sep 2021 4,520 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

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Value Estimation
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