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    Property profile & analytics

    5900 Highway 90 Broussard, LA 70518

    • Warehouses
    • 75,393 SF
    • 20.03 lot acres
    For Sale
    View listing
    $2,650,000
    Value Estimation
    Location Intelligence
    Property ID
    US36-1234512
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 5900 Highway 90

    Year built
    1981
    Lot size
    20.03 lot acres
    Property size
    75,393 SF
    Property type
    Warehouses
    APN
    6033602
    APU
    6033602

    Description

    This exceptional 7.1-acre commercial/industrial land parcel presents a unique investment opportunity in Broussard, Louisiana. Strategically located at the lighted intersection of US Highway 90 (future I-49 corridor) and LA Highway 92, this property boasts high visibility and accessibility. The land has been meticulously raised to a minimum elevation of 21.50 to 23 feet, exceeding flood plain requirements and zoned AE. This ensures a stable and build-ready foundation for a diverse range of commercial ventures. With a total asking price of $2,650,000, the price per acre is $373,239. The property's COMMERCIAL zoning allows for a multitude of uses, including retail, commercial, and medical facilities. Its prime location within the rapidly growing Broussard area, coupled with its ideal elevation and versatile zoning, makes this a highly attractive investment for developers and businesses seeking a prominent presence in a thriving market. The address is 5900 Hwy 90 E, Broussard, LA 70518, situated in Lafayette Parish. This is a rare opportunity to acquire a significant land holding in a high-traffic area with excellent development potential.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $735,000

    • CAP approach

      CAP return
      Estimation
      6%
      $895,000
      6.5%
      $870,000
      7%
      $810,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $755,000
      Geo Method
      $705,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $695,000
      Mixed-Use
      $800,000
      Hospitality
      $960,000
      Educational
      $785,000
      Residential Income
      $795,000
      Energy
      $945,000
      Income-Based Land
      $725,000
      Food Service
      $935,000

    Location Insight

    • Map
    • Local Demand
    City
    Broussard
    County
    Lafayette
    State
    Louisiana
    Longitude
    -91.9442
    Latitude
    30.1056
    CBSA code
    29180
    CBSA name
    LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,515
    $130,862
    $372,651
    $503,513
    -
    $1,308,620
    $2,484,340
    $3,792,960

    Comparable in this City

    • Value Estimation by Request
      0.42 Acres

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      0.44 Acres

      103 Balboa Dr

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      103 Balboa Dr, Broussard, LA 70518-3546
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    • Value Estimation by Request
      0.49 Acres

      125 Lafferty Dr

      WAREHOUSE, STORAGE • 0.49 Acres
      125 Lafferty Dr, Broussard, LA 70518-3104
      View Details
    • Value Estimation by Request
      767 SF

      100 Blk Rue De La Mosaique

      MINI-WAREHOUSE, STORAGE • 767 SF
      100 Blk Rue De La Mosaique, Broussard, LA 70518
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    • Value Estimation by Request
      225 SF

      1100 Albertson Pkwyb1-59

      MINI-WAREHOUSE, STORAGE • 225 SF
      1100 Albertson Pkwyb1-59, Broussard, LA 70518-5093
      View Details
    • Value Estimation by Request
      4,000 SF

      107 Balboa Dr Bldg A

      WAREHOUSE, STORAGE • 4,000 SF
      107 Balboa Dr Bldg A, Broussard, LA 70518-3544
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $7,500 /Mo
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    • $2,300 /Mo
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    • $9 SF/Yr
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      Broussard Office/Warehouse Space Available

      Office and warehouse space for lease in Broussard.
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    Request Owner's contact information
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    5900 Highway 90
    Broussard, LA 70518
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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