Financial
Distress signals
Property profile

1015 N Cruse Ave Broussard, LA 70518

FOR SALE
Commercial real estate
Property ID
US36-1233808
3,320 SF 1 ac lot Built 1975
Last sale Apr 2014 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Broussard, Louisiana property, located at 1015 N Cruse Ave, offers a unique blend of office and warehouse space, totaling 12,400 square feet. The building, constructed in 1975, sits on a 0.98-acre lot, mostly concreted and fenced, and is zoned for industrial use. The property features 8,100 square feet of executive office space and a 4,300 square foot warehouse with 20-foot eaves and four 12-foot wide by 16-foot high roll-up doors. A significant advantage is the inclusion of

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$60k
Assessed land$6k
Assessed improvement$54k
Effective rate10.22%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$235k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$372
Operating expenses−$22k
NOI · 9.87% cap applied$52k

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

Recently sold

What actually traded nearby?
$92/SF
County average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$36 – $145
Qualifying comparables10

Cap rate analysis

How does the asset earn?
9.87%
$52k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

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

JurisdictionST MARTIN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.2
Storage Facility8.7
Convenience Store8.6

Location

1015 N Cruse Ave Broussard, LA 70518
County assessor Recorded deeds · 2 transfers 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
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
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
1040 Carlton, Broussard, LA 70518-5500 $800,000 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
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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