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Multi-Family

The Glen

7700 Ambassador Caffery Pkwy, Broussard, LA 70518

Listing Price: $12,000,000

Lot Size
53.64 acres
Price/Acre
$223,714
Land Type
Land

Investment Overview

The Glen at Ambassador Caffery presents a rare opportunity to acquire a large-scale assembled development tract totaling ±53.64 acres (per 2016 boundary survey) along Broussard’s primary growth corridor. The site offers prominent frontage along Ambassador Caffery Parkway 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 (buyer to verify capacity, location, and serviceability by parcel).

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"), per 2016 boundary plat.
  • Strategic frontage along Ambassador Caffery Parkway in Broussard—one of Acadiana's most active growth corridors.
  • 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 (multiple parcels acquired over time; one contiguous tract).
  • Strong surrounding growth narrative within the corridor, supported by third-party market materials and traffic references.
  • Utilities are described as available and improved, with prior roadwork completed by ownership (verify meters/capacity/points of connection).

Exclusively Listed By

Listing Price: $12,000,000

Lot Size
53.64 acres
Price/Acre
$223,714
Land Type
Land

Investment Highlights

  • ±53.64-acre assembled development tract ("The Glen at Ambassador Caffery"), per 2016 boundary plat.
  • Strategic frontage along Ambassador Caffery Parkway in Broussard—one of Acadiana's most active growth corridors.
  • 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 (multiple parcels acquired over time; one contiguous tract).
  • Strong surrounding growth narrative within the corridor, supported by third-party market materials and traffic references.
  • Utilities are described as available and improved, with prior roadwork completed by ownership (verify meters/capacity/points of connection).

Investment Overview

The Glen at Ambassador Caffery presents a rare opportunity to acquire a large-scale assembled development tract totaling ±53.64 acres (per 2016 boundary survey) along Broussard’s primary growth corridor. The site offers prominent frontage along Ambassador Caffery Parkway 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 (buyer to verify capacity, location, and serviceability by parcel). 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.

Exclusively Listed By

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