Eunice, LA Commercial
920 E Laurel Avenue Eunice, LA 70535
920 E Laurel Avenue, Eunice, LA, 70535
$350,000
For Sale
$350,000
COMMERCIAL - Eunice, LA
Property Size3,000 SF
Lot Size0.30 Acres
Price / SF$116.67
Days on Market651
Property Features for 920 E Laurel Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Off Street, Parking Lot
- Exterior features
- Door Sign, Roof Sign
- Standard status
- Active
- APN
- 0602089700
- Size
- 3,000 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- 1 Lot (0.305 AC) being portion of Lot C (65.88X201.54) fronting 65.88' on Laurel Ave N Amazon St S Laurel E Moosa W Moosa Blvd in SEC 30 T-6S R-1E
Utilities
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Flooring type
- Concrete
- Roof type
- Metal
Listing Agency
DCG/Aguillard Realty
(337) 457-9385
101 N 7th Street, Eunice, LA
Listed by
Raymond A Aguillard · License #59516
(337) 580-3705
Added: Oct 9, 2024 Updated: May 14 at 11:40 am Checked: Jul 21 at 4:06 am
MLS# 24009492
Copyright © 2026 Realtor Association of Acadiana. 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 commercial property features two adjoining units, each measuring 1500 square feet, totaling 3000 square feet. The property is located in a high-traffic shopping center in Eunice, Louisiana. The 0.3-acre lot is situated adjacent to a Dollar General and a Donut Queen. Both units are currently leased to a nail salon and a barber shop, offering immediate income potential. The property is zoned for commercial use.
Key Highlights
- Income‑producing property with two leased units
- Located in a high‑traffic shopping center
- Adjacent to Dollar General and Donut Queen
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $10.80 |
| − Vacancy | −$2.6k | −$0.86 |
| EGI | $29.8k | $9.94 |
| − OpEx | −$8.9k | −$2.98 |
| NOI | $20.9k | $6.96 |
3,000 SF · lease $10.80/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Amy Shopping Center — 971 Laurel St, Eunice, LA 70535
FAQs
What type of property is this?
Shopping center - Income-producing commercial property in high-traffic Eunice shopping center.
Where is this shopping center located?
The property is located at 920 E Laurel Avenue Eunice, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Income‑producing property with two leased units; Located in a high‑traffic shopping center; Adjacent to Dollar General and Donut Queen
