1008 Smede HwyBroussard, LA 70518

  • Other commercial real estate
  • 2.00 AC
For Lease
$12/SF/YR View listing

Property Details for 1008 Smede Hwy

Lot size
2.00 AC
Property type
Other commercial real estate
APN
18202A0616
APU
18202A0616

Description

Evangeline Plaza Shopping Center, located at 1008 Smede Hwy in Broussard, Louisiana (zip code 70518), presents a prime retail opportunity. This 10,740 square foot neighborhood center, situated on a 3.6-acre lot (APN 18202A0616, Lafayette County), currently has 1,100 square feet of vacant space available for lease. The property is a multi-tenant strip center offering excellent visibility and ample parking. Its strategic corner location at the intersection of Evangeline Thruway (Highway 90) and Smede Highway provides high traffic exposure, directly across from Le Triomphe Country Club. The center is ideally positioned to benefit from the significant job growth in the area, fueled by the upcoming Safe Source Direct PPE facility, projected to create 2,000 new jobs. Furthermore, its location along the future I-49 expansion corridor ensures long-term growth potential. The available space is suitable for a variety of uses, including retail, office, or salon businesses. This is an exceptional opportunity to establish a presence in a thriving Broussard community.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,662,457
    Hospitality
    $12,514,737
    Educational
    $10,412,115
    Medical
    $10,770,203
    Retail
    $16,196,623
1008 Smede Hwy, Broussard, Louisiana

Location Insight

City
Broussard
County
Saint Martin
State
Louisiana
Latitude
30.0938
Longitude
-91.9396
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
$11,936
$14,000
$102,840
$116,840
-
$140,000
$685,600
$825,600

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