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211 E Broussard Rd Lafayette, LA 70503

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Estimated value
No estimation on file for this property yet.
Property ID US36-1145755

Property summary

AI-generated overview

This exceptional 5.06-acre parcel of unzoned land is ideally situated at 211 E. Broussard Road in Lafayette, Louisiana, conveniently located off Johnston Street. Currently, a mobile home sits on the property's frontage, but it will be relocated to provide clear access to the larger tract. The property's unzoned status presents a unique opportunity for various manufacturing or industrial uses, allowing for flexibility in development plans. Prospective buyers should note that the property consists of two parcels, and obtaining a survey to combine them will be the buyer's responsibility. The address is 211 E. Broussard Road, Lafayette, LA 70503, with GPS coordinates of 30.1491829 latitude and -92.0903371 longitude. This location within Lafayette Parish offers excellent access to major transportation routes, making it an attractive site for businesses requiring efficient logistics. The asking price for this significant industrial land opportunity is $450,000. This represents a compelling investment prospect for developers and businesses seeking a substantial land holding in a prime Lafayette location. The property is ready for immediate development after the removal of the existing mobile home.

Property profile

Verified
Property type Land
UPID US36-1145755

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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