Property profile

1015 N Cruse Ave Broussard, LA 70518

FOR SALE
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Property ID
US36-1233808
3,320 SF 1 ac 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.
Market Trends Soon

Property summary

AI-generated overview

This property consists of a combined office and warehouse facility with 8,100 square feet of office space and 4,300 square feet of warehouse space, for a total building area of 12,400 square feet. Covered site structures include a 2,520 square foot ten-car canopy, a 495 square foot front entrance canopy, and a 260 square foot rear canopy break area, resulting in 15,675 square feet of total under-roof area. The site covers 0.98 acres and is primarily concreted and fenced, with high-speed fiber…

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?
$6k
Tax billed · 2023
Assessed value$60k
Assessed land$6k
Assessed improvement$54k
Effective rate10.22%

Value estimate

· Nov 2026
$295k
$266k – $325k
AI approach$235k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$372
Operating expenses−$22k
NOI · 10.36% cap applied$52k

Realmo valuation models over county records and 22 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 comparables22

Cap rate analysis

How does the asset earn?
10.36%
$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 22 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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