Grocery Store with Commercial
New
For Sale
$375,000
13377 Highway 157, Haughton, LA 71037
Existing coolers, service counters, and two restrooms support retail food use.
Property Size2,448 SF
Lot Size0.50 Acres
Price / SF$153.19
Days on Market2
Property Features for 13377 Highway 157
General Information
Standard status
Active
Size
2,448 SF
Total Parking Spaces
10
Lot size
0.50 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Equipment Included
Yes
Building Details
Year Built
1950
Buildings
1
Listing Agency:
LA State Realty, LLC
Listed By:
Debbie Callender · License #0995687581
(318) 377-6062
Source:
Minteerteam
Added: Sep 22
Changed: Sep 23
Last Checked: Sep 22 at 5:22PM
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 LA State Realty, LLC
Investment Insights
Based on property information with market context.
This 1950 commercial building contains approximately 2448 square feet on an estimated half-acre parcel. The interior includes retail space, multiple wall coolers that remain, customer service counters, a commercial-style kitchen, and two bathrooms. The configuration can accommodate continued grocery and prepared-food use or a different retail concept.
The property fronts Highway 157 at 13377 Highway 157 in Haughton, Louisiana, with direct highway access and visibility. Approximately 8.5 miles from I-20, it is also located minutes from Bellevue Road, Bellevue Meat Processing, Bodcau Wildlife Management Area, and Bodcau Dam. Exterior features include an estimated 10 parking spaces and additional area behind the building.
The property fronts Highway 157 at 13377 Highway 157 in Haughton, Louisiana, with direct highway access and visibility. Approximately 8.5 miles from I-20, it is also located minutes from Bellevue Road, Bellevue Meat Processing, Bodcau Wildlife Management Area, and Bodcau Dam. Exterior features include an estimated 10 parking spaces and additional area behind the building.
Key Highlights
- Approximately 2448 square feet on an estimated half‑acre
- Highway 157 frontage with convenient access
- Multiple wall coolers remain with the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,133
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$322,660
$322.7K
Cap Rate 7%
$230,471
$230.5K
Cap Rate 9%
$179,256
$179.3K
Market Conditions
NOI Build-Up for 2,448 SF
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.
Gross rent
$22.6K $9.24/SF
− Vacancy
−$1.1K −$0.45/SF
EGI
$21.5K $8.79/SF
− OpEx
−$5.4K −$2.20/SF
NOI
$16.1K $6.59/SF
Area
Bossier County, LA
Vacancy
4.90%
Lease Rate
$9.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$322,660
Cap Rate 7%
$230,471
Cap Rate 9%
$179,256
Alternative Uses
Best Use
Specialty Retail
$230.5K
$201.7K – $268.9K
NOI $16,133 @ 7.0% cap · market cap 4.30%
Second Best
Retail
$226.3K
$198.0K – $264.0K
NOI $15,840 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$416.7K
$364.6K – $486.2K
NOI $29,170 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,453 visits/mo
0.2 miles
Demographics for 71037, LA
21,469
Population
8,554
Households
2.5
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
128.8 sq mi
ZIP Area
167
Density / Sq Mi
$71,175
Median Household Income
$39,825
Median Earnings
$1,304
Median Rent
$205,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Existing coolers, service counters, and two restrooms support retail food use.
Where is this grocery and convenience store located?
The property is located at 13377 Highway 157 Haughton, LA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Approximately 2448 square feet on an estimated half‑acre; Highway 157 frontage with convenient access; Multiple wall coolers remain with the property
