Turnkey Restaurant with Included
For Sale
$225,000
925 S Pine Street, Vivian, LA 71082
Freshly painted and cleaned restaurant space with some equipment and setup included, plus additional parking available.
Property Size1,466 SF
Price / SF$153.48
Days on Market12
Property Features for 925 S Pine Street
General Information
Standard status
Active
Size
1,466 SF
Property subtype
Commercial
Building Details
Year Built
2003
Listing Agency:
Diamond Realty & Associates
(318) 455-8319
Listed By:
Krystal Womack · License #0995680736
(318) 455-8319
Source:
Fullhouserealtytx
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 1 at 12:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This property is being offered for sale as a restaurant space with a turnkey approach, including freshly painted and cleaned condition plus some equipment and restaurant setup included in the sale. The existing improvements have supported restaurant operations over its lifetime, with “a few restaurants” previously operating successfully.
The site is described as central to multiple communities, with traffic generated by surrounding businesses. Nearby activity and anchors mentioned include North Caddo Medical Center, two schools, Wal-Mart, and other locally owned businesses.
Additional parking is available, with details to be provided. Call for a private showing to review the included equipment and confirm the parking arrangements.
The site is described as central to multiple communities, with traffic generated by surrounding businesses. Nearby activity and anchors mentioned include North Caddo Medical Center, two schools, Wal-Mart, and other locally owned businesses.
Additional parking is available, with details to be provided. Call for a private showing to review the included equipment and confirm the parking arrangements.
Key Highlights
- Restaurant space in a building built in 2003
- Freshly painted and cleaned
- Some equipment and restaurant setup included with the sale
Financial Insights For Specialty 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 | $27.8k | $18.96 |
| − Vacancy | −$723 | −$0.49 |
| EGI | $27.1k | $18.47 |
| − OpEx | −$6.8k | −$4.62 |
| NOI | $20.3k | $13.85 |
1,466 SF · lease $18.96/SF/yr · vacancy 2.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$290.1K
$253.8K – $338.4K
NOI $20,305 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
10k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
SONIC Drive In
Dining
7,935 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
1,553 visits/mo
0.2 miles
Claude Debeaux, Inc
Shops & Services
588 visits/mo
0.0 miles
Demographics for 71082, LA
4,395
Population
2,005
Households
2.2
Avg Household Size
43
Median Age
7%
College-Educated
87%
High-School Grad
78.5 sq mi
ZIP Area
56
Density / Sq Mi
$25,809
Median Household Income
$19,828
Median Earnings
$715
Median Rent
$59,800
Median Home Value
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 - Freshly painted and cleaned restaurant space with some equipment and setup included, plus additional parking available.
Where is this conventional restaurant located?
The property is located at 925 S Pine Street Vivian, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Restaurant space in a building built in 2003; Freshly painted and cleaned; Some equipment and restaurant setup included with the sale