Brick Storefront with Rear
For Sale
$79,000
114 E Berard Street, Saint Martinville, LA 70582
Commercial Sale, St. Martinville, LA
Property Size576 SF
Lot Size0.18 Acres
Price / SF$137.15
Days on Market1081
Property Features for 114 E Berard Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
4
Lot features
Level
Directions
From Lafayette, take the St. Martinville Exit. Follow Rd under overpass, then take a Left on Hwy 96. Travel down Hwy 96 till you get into St. Martinville. Take a Right on Main St (Hwy 31), then Left on E Berard St. Property located on Right (across from courthouse).
Subdivision
M2
Standard status
Active
APN
17201b1144
Size
576 SF
Lot size
0.18 Acres
Additional Details
Corner Location
Yes
Taxes and HOA fees
Tax Description
22' x 79.4' site & 82 & 70' site located inside the city limits
Tax Annual Amount
290
Legal Description
22' x 79.4' site & 82 & 70' site located inside the city limits
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Amenities
heating/cooling
bath
rear yard access
large storage shed
Building Details
Floors in Building
1
Flooring type
Tile
Building materials
Brick, Frame
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Molli Rodriguez · License #0995687819
(337) 578-0034
Added: Nov 9, 2023
Changed: Oct 24
Last Checked: Oct 25 at 12:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 114 E Berard Street, the storefront contains 576 square feet on a 0.18-acre lot. Brick and frame construction, tile flooring, window-unit cooling, and a bathroom are among its features. A storage shed sits behind the building, with access to the rear yard. The property is zoned Commercial.
The corner parcel is across from the St. Martin Parish courthouse in St. Martinville. Public water and public sewer serve the property.
The corner parcel is across from the St. Martin Parish courthouse in St. Martinville. Public water and public sewer serve the property.
Key Highlights
- 576‑square‑foot storefront on a 0.18‑acre lot
- Brick and frame construction with tile flooring
- Window‑unit cooling and a bathroom
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
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 - This corner-lot commercial property offers a private bathroom, rear-yard access, and on-site parking.
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 lot; Brick and frame construction with tile flooring; Window‑unit cooling and a bathroom
