Restaurant Building with Commercial
For Sale
$575,000
29678 S FROST Road, Livingston, LA 70754
Commercial, Livingston, LA
Property Size2,121 SF
Lot Size0.28 Acres
Price / SF$271.10
Days on Market48
Property Features for 29678 S FROST Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C
Subdivision
Not a Subdivision
Lot features
Regular
Standard status
Active
APN
0582015
Size
2,121 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
SEC 30, T6S, R4E GLD LIVINGSTON PARISH
Legal Description
SEC 30, T6S, R4E GLD LIVINGSTON PARISH
Utilities
Water source
Public
Building Details
Year built
2007
Floors in Building
2
Listing Agency:
Davis Realty Group, LLC
(985) 334-4154
Listed By:
Donna Davis · License #995709610
(985) 320-2797
Added: Aug 3
Changed: Sep 18
Last Checked: Sep 19 at 5:06AM
MLS# 2570555
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,121-square-foot restaurant property was built in 2007 and is positioned for continued food-service use. The existing equipment package includes a walk-in cooler, two flat-top grills with range and oven, fryer, hood vent and Anvil system, reach-in refrigeration, a glass-door bar cooler, and multiple prep tables. The building also contains a three-station Heartland POS ordering system, video security, sound equipment, and an alarm system.
Located at 29678 S Frost Road in Livingston, the property is near Interstate 12 and carries C zoning. Public water serves the site. The restaurant improvements and installed equipment provide a developed commercial setting for an operator seeking an established food-service configuration.
Located at 29678 S Frost Road in Livingston, the property is near Interstate 12 and carries C zoning. Public water serves the site. The restaurant improvements and installed equipment provide a developed commercial setting for an operator seeking an established food-service configuration.
Key Highlights
- 2,121‑square‑foot restaurant property built in 2007
- Includes walk‑in cooler, grills, range and oven, fryer, hood vent and Anvil system
- Multiple refrigeration units and prep tables included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,557
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$711,140
$711.1K
Cap Rate 7%
$507,957
$508.0K
Cap Rate 9%
$395,078
$395.1K
Market Conditions
NOI Build-Up for 2,121 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.6K $22.44/SF
− Vacancy
−$186 −$0.09/SF
EGI
$47.4K $22.35/SF
− OpEx
−$11.9K −$5.59/SF
NOI
$35.6K $16.76/SF
Area
Livingston County, LA
Vacancy
0.39%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$711,140
Cap Rate 7%
$507,957
Cap Rate 9%
$395,078
Alternative Uses
Best Use
Specialty Retail
$508.0K
$444.5K – $592.6K
NOI $35,557 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$202.1K
$176.8K – $235.7K
NOI $14,144 @ 7.0% cap · market cap 2.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
Family Dollar
Shops & Services
6,760 visits/mo
0.4 miles
SUBWAY
Dining
2,818 visits/mo
0.1 miles
Red Dot Storage
Shops & Services
1,637 visits/mo
0.2 miles
Pizza Hut
Dining
1,279 visits/mo
0.2 miles
Demographics for 70754, LA
11,966
Population
4,743
Households
2.5
Avg Household Size
37
Median Age
12%
College-Educated
86%
High-School Grad
127.3 sq mi
ZIP Area
94
Density / Sq Mi
$65,122
Median Household Income
$49,164
Median Earnings
$1,113
Median Rent
$181,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - C-zoned restaurant property with commercial cooking equipment, public water service, and integrated security and ordering systems.
Where is this conventional restaurant located?
The property is located at 29678 S FROST Road Livingston, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,121‑square‑foot restaurant property built in 2007; Includes walk‑in cooler, grills, range and oven, fryer, hood vent and Anvil system; Multiple refrigeration units and prep tables included
