Brick Storefront with Storage
114 E Berard Street, Saint Martinville, LA 70582
For Sale
$79,000
Pending
Commercial Sale, St. Martinville, LA
Property Size576 SF
Lot Size0.18 Acres
Days on Market1101
Property Features for 114 E Berard Street
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Corner Location
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Cooling system
Water source
Amenities
heating/cooling
bath
rear yard access
large storage shed
Building Details
Year built
Floors in Building
Flooring type
Building materials
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Molli Rodriguez · License LA #0995687819
(337) 578-0034
Added: Nov 9, 2023
Changed: Nov 12
Last Checked: Nov 13 at 8:06PM
MLS# 23010148
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 576-square-foot storefront was built in 1963 and has a brick exterior, tile flooring, a bathroom, and window-unit cooling. The 0.18-acre property also includes rear yard access and a storage shed that remains with the sale.
The corner property is across from the St. Martin Parish courthouse at 114 E Berard Street in St. Martinville. It is zoned Commercial and served by public water and sewer.
The corner property is across from the St. Martin Parish courthouse at 114 E Berard Street in St. Martinville. It is zoned Commercial and served by public water and sewer.
Key Highlights
- 576‑square‑foot storefront on a 0.18‑acre parcel
- Brick exterior; built in 1963
- Corner location across from the St. Martin Parish courthouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,591
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$111,820
$111.8K
Cap Rate 7%
$79,871
$79.9K
Cap Rate 9%
$62,122
$62.1K
Market Conditions
NOI Build-Up for 576 SF
Gross rent
$8.4K $14.52/SF
− Vacancy
−$376 −$0.65/SF
EGI
$8.0K $13.87/SF
− OpEx
−$2.4K −$4.16/SF
NOI
$5.6K $9.71/SF
Area
St. Martin County, LA
Vacancy
4.50%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$111,820
Cap Rate 7%
$79,871
Cap Rate 9%
$62,122
Alternative Uses
Best Use
Retail
$79.9K
$69.9K – $93.2K
NOI $5,591 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$126.5K
$110.7K – $147.6K
NOI $8,854 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
SUBWAY
Dining
3,376 visits/mo
0.2 miles
Family Dollar
Shops & Services
2,482 visits/mo
0.3 miles
Home Bank
Shops & Services
1,887 visits/mo
0.1 miles
Whitney Bank
Shops & Services
1,306 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
888 visits/mo
0.1 miles
Demographics for 70582, LA
19,088
Population
9,122
Households
2.1
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
148.0 sq mi
ZIP Area
129
Density / Sq Mi
$46,690
Median Household Income
$36,265
Median Earnings
$787
Median Rent
$149,100
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
Similar Off Market Nearby
- Glenn’s Flower Box — 315 N Main St, St Martinville, LA 70582
Frequently Asked Questions
What type of property is this?
Storefront property - A corner-site commercial storefront includes rear yard access, parking, and a detached storage shed.
Where is this storefront property located?
The property is located at 114 E Berard Street Saint Martinville, LA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 576‑square‑foot storefront on a 0.18‑acre parcel; Brick exterior; built in 1963; Corner location across from the St. Martin Parish courthouse
