Entity Owned Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Total area
75,393 SF
Lot
20.03 ac (872,420 SF)
APN
6033602
UPID
US36-1234512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.89M
Comparable Approach
Comparable
$7.56M
Blend (final)
Blend
$6.15M
Owner & transaction history
Zoning & alternative use
Top alternative use upside
Commercial (general)
$9.4M
+32.6%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$6.15M
Value range
$5.54M – $6.77M
±10% around blend
Estimated value / SF
$82 / SF
Confidence
Property data
75
Market benchmarks
100
Comparable evidence
60
$5.54M
blend $6.15M
$6.77M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
75,393 SF
Lot area
20.03 ac
Year built
1981
APN
6033602
Assessed value
$503,513
Annual tax
$43,515
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.89M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.38M
@ 6.5% CAP return
$5.89M
@ 7% CAP return
$5.47M
4
Sales comparison
Partial preview
Sales approach indication
$7.56M
Range $5.46M – $10.15M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$6.15M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$94
-14%
Submarket 28 sales
$94
-14%
County 175 sales
$73
+12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $82/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+33%
vs current-use indication
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$504k
Move the market yield to see immediate price impact.
Value / SF
$7
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$32k
$634k
$453k
$352k
$35k
$705k
$504k
$392k
$39k
$775k
$554k
$431k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,515
Tax year 2023
Assessed value
$503,513
Assessed 2023
Previous assessed
$503,513
+0.0% YoY
Effective rate
8.64%
On assessed value
Assessed land
$130,862
Assessed improvement
$372,651
Land market value
$1,308,620
Improvement market value
$2,484,340
Total market value
$3,792,960
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Heating
NONE
Total area
75,393 SF
Lot
20.03 ac (872,420 SF)
APN
6033602
UPID
US36-1234512
Jurisdiction
LAFAYETTE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Lot
20.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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