Grocery Store with Commercial
13377 Highway 157, Haughton, LA 71037
For Sale
$375,000
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 Market49
Property Features for 13377 Highway 157
General Information
Standard status
Size
Total Parking Spaces
Lot size
Site & Location
Highway Access
Road Access
Additional Details
Equipment Included
Building Details
Year Built
Buildings
Listing Agency:
LA State Realty, LLC
Listed By:
Debbie Callender · License #0995687581
(318) 377-6062
Source:
Minteerteam
Added: Sep 22
Changed: Oct 25
Last Checked: Oct 7 at 5:37PM
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
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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 / Yr
$16,133
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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
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
