109 Balboa Drive

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109 Balboa Drive

Broussard, LA 70518
Asking Price
$770K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property located in Broussard, Louisiana.
  • The facility offers 15,050 square feet of usable space.
  • Available for purchase at an asking price of $770,000.
  • Strategic location serves the broader Lafayette metropolitan region.
  • Suitable for light industrial or logistical distribution business models.

What's Special

Logistics and distribution operations find a functional base at 109 Balboa Drive in Broussard. This industrial facility encompasses 15,050 square feet of warehouse space designed for inventory management or manufacturing workflows. The building provides a clear layout suitable for companies requiring proximity to the regional transportation network in Louisiana. Broussard serves as a key industrial hub within the Lafayette metro area, benefitting from steady regional economic activity and accessible highway connections for commercial transit. This warehouse represents a straightforward acquisition for owner-occupants or investors seeking to expand their industrial footprint in a stable market environment. Its design supports various light industrial applications, providing the necessary infrastructure for diverse business needs.

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NOI
$80,000
Cap Rate
10.39%
DSCR
1.75
Strong
Cash-on-Cash
14.84%
Monthly Payment
$3,809.54
Annual Cash Flow
$34,285.522

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