Gas Station with Attached
For Sale
$250,000
1229 Highway 55, Montegut, LA 70377
Commercial Sale, Montegut, LA
Property Size2,425 SF
Lot Size0.79 Acres
Price / SF$103.09
Days on Market598
Property Features for 1229 Highway 55
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
no zoning
Directions
Located on the opposite corner of the Post Office Corner Lot
Standard status
Active
APN
31079
Size
2,425 SF
Lot size
0.79 Acres
Additional Details
Automotive Uses
fuel station
Taxes and HOA fees
Tax Description
Lot 1 Block B Montegut Heights S/D
Tax Annual Amount
830
Legal Description
Lot 1 Block B Montegut Heights S/D
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1981
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Good Earth Realty, Inc. · RE/MAX International
Listed By:
Cindy R Price · License #15770
(985) 851-3999
Added: Mar 5, 2025
Changed: Oct 23
Last Checked: Oct 24 at 11:06AM
MLS# 2025003921
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This gas station property includes a 2,425-square-foot building on 0.79 acres. Fuel pumps and tanks are on the premises, and attached space offers room for another business or rental use. The building was constructed in 1981 and has metal siding, a metal roof, and concrete flooring, with central air conditioning and electric central heat.
The property has bayou-side access. It is served by a septic tank and is designated as having no zoning.
The property has bayou-side access. It is served by a septic tank and is designated as having no zoning.
Key Highlights
- 2,425‑square‑foot building on 0.79 acres
- Gas pumps and tanks on site
- Additional attached space for business use or rental
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,593
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,860
$311.9K
Cap Rate 7%
$222,757
$222.8K
Cap Rate 9%
$173,256
$173.3K
Market Conditions
NOI Build-Up for 2,425 SF
Gross rent
$23.0K $9.48/SF
− Vacancy
−$713 −$0.29/SF
EGI
$22.3K $9.19/SF
− OpEx
−$6.7K −$2.76/SF
NOI
$15.6K $6.43/SF
Area
Terrebonne County, LA
Vacancy
3.10%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,860
Cap Rate 7%
$222,757
Cap Rate 9%
$173,256
Alternative Uses
Best Use
Specialty Retail
$536.0K
$469.0K – $625.3K
NOI $37,517 @ 7.0% cap · market cap 15.01%
Second Best
Retail
$333.5K
$291.8K – $389.1K
NOI $23,344 @ 7.0% cap · market cap 9.34%
Theoretical Best
Office A
$668.5K
$584.9K – $779.9K
NOI $46,793 @ 7.0% cap · market cap 18.72%
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
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 70377, LA
3,702
Population
1,364
Households
2.7
Avg Household Size
40
Median Age
5%
College-Educated
64%
High-School Grad
84.6 sq mi
ZIP Area
44
Density / Sq Mi
$53,851
Median Household Income
$33,750
Median Earnings
$694
Median Rent
$119,000
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
Frequently Asked Questions
What type of property is this?
Gas station - Fuel pumps and storage tanks are on site, with additional attached space for a separate business or rental use.
Where is this gas station located?
The property is located at 1229 Highway 55 Montegut, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,425‑square‑foot building on 0.79 acres; Gas pumps and tanks on site; Additional attached space for business use or rental
