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29877670
29877676

7700 Ambassador Caffery Pkwy, Broussard, LA 70518 For Sale

CS
LA 0995692662
Marcus & Millichap - Baton Rouge
JH
LA: BROK.68998-ASA
Marcus & Millichap - Baton Rouge
JT
LA #995702991
Marcus & Millichap - Baton Rouge
Listed by Marcus & Millichap - Baton Rouge
$12,000,000
165 days on market
Updated 19 days ago

The Glen at Ambassador Caffery

Details
APN 6153633
Property Type Land
Sub Type Commercial
Price Per Acre $223,701
Acreage 53.640
Zoning CA

Land | 53.64 acres

Marketing description

The Glen at Ambassador Caffery presents a rare opportunity to acquire a large-scale assembled development tract totaling ±53.64 acres along Broussard’s primary growth corridor. The site offers prominent frontage along Ambassador Caffery Parkway-one of Acadiana’s most active growth corridors commonly cited as one of Louisiana's fastest-growing municipalities, and benefits from an existing boundary survey suitable for immediate marketing and preliminary planning discussions. The assemblage supports a ±36-acre proposed residential development footprint toward the interior, with additional frontage-oriented parcels positioned for proposed commercial outparcels.

Ownership reports material de-risking of the front end of development through substantial investment in site infrastructure, including approximately $5.5 million in roadway and related improvements. Third-party corridor materials indicate an orientation toward modern commercial uses (retail, office, and service), and utilities are identified as available in the immediate area. A multifamily project is reported to be planned/underway across the parkway, supporting long term residential demand, and the seller may consider a joint-venture structure for a multifamily program with a qualified developer, subject to negotiation and Seller approval.

The tract’s scale and configuration support multiple executable strategies—ranging from subdivided pad development along the corridor to residential or multifamily concepts toward the rear—allowing a buyer to phase capital and align product type with market demand. With limited offerings of this size along the Ambassador Caffery corridor, The Glen provides a compelling platform for developers seeking visibility, flexibility, and long-term optionality in one of Acadiana’s most active submarkets.

Investment highlights

  • ±53.64-acre assembled development tract (“The Glen at Ambassador Caffery”)
  • Strategic frontage along Ambassador Caffery Parkway in Broussard—one of Acadiana’s most active growth corridors, commonly cited as one of Louisiana's fastest-growing municipalities.
  • Significant seller investment (~$5.5MM) into roadway and infrastructure improvements.
  • Assemblage offers flexible mixed-use potential (frontage commercial/QSR; rear positioned for residential concepts).
  • “Corridor context” zoning supports a blend of retail, office, service, and business uses (CA – Ambassador Caffery District; verify for full assemblage).
  • Ability to position as phased or subdivided development
  • Nearby Development: A multifamily project is reported to be planned/underway across the parkway, supporting long term residential demand.
  • Seller may consider a joint-venture structure for a multifamily program with a qualified developer, subject to negotiation and Seller approval.
  • Total Acreage: +/- 53 Acres (2,336,689 SF)
  • Price/Acres: $223,701
  • Price/SF $5.14
  • Tract 1 5.416 Acres
  • Parcel A 18.686 Acres
  • Parcel B 1.192 Acres
  • Parcel C 15.073 Acres
  • Parcel D 11.418 Acres
  • Tract 1B 1.858 Acres
  • Total 53.64 Acres

Listing Contacts

CS
LA 0995692662
Marcus & Millichap - Baton Rouge
JH
LA: BROK.68998-ASA
Marcus & Millichap - Baton Rouge
JT
LA #995702991
Marcus & Millichap - Baton Rouge
Listed by Marcus & Millichap - Baton Rouge

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Additional Information

Name
STEVE GREER
License
LA:BROK.995710346-ASA
Brokerage Phone
225.376.6800
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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