Grocery And Convenience Store
New
For Sale
$375,000
13377 Highway 157, Haughton, LA 71037
CommercialSale, Haughton, LA
Property Size2,448 SF
Lot Size0.59 Acres
Price / SF$153.19
Days on Market4
Property Features for 13377 Highway 157
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Subdivision
Rural
Lot features
Acreage, Cleared
Directions
GPS location
Standard status
Active
APN
171230
Lot size
0.59 Acres
Utilities
Sewer type
Private Sewer, Aerobic Septic
Heating system
Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Combination, Concrete, Laminate
Building materials
BoardAndBattenSiding, Concrete
Roof type
Metal
Listing Agency:
LA State Realty, LLC
(318) 377-6062
Listed By:
Debbie Callender · License #0995687581
(318) 655-1751
Added: Sep 20
Changed: Sep 21
Last Checked: Sep 23 at 5:06PM
MLS# 21391375
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property includes an established retail layout with multiple wall coolers, counter and service areas, a commercial-style kitchen setup, and two bathrooms. The building has central heating and cooling, a metal roof, concrete and laminate flooring, and public water service. The existing configuration supports continued grocery and grill operations or adaptation to another commercial concept.
The property encompasses approximately 0.59 acres at 13377 Highway 157, with frontage and direct access along the highway. An estimated 10 parking spaces serve the building, with additional outdoor area behind it. The site is approximately 8.5 miles from I-20 and near Bellevue Road, Bellevue Meat Processing, Bodcau Wildlife Management Area, and Bodcau Dam.
The property encompasses approximately 0.59 acres at 13377 Highway 157, with frontage and direct access along the highway. An estimated 10 parking spaces serve the building, with additional outdoor area behind it. The site is approximately 8.5 miles from I-20 and near Bellevue Road, Bellevue Meat Processing, Bodcau Wildlife Management Area, and Bodcau Dam.
Key Highlights
- Approximately 0.59‑acre commercial property at 13377 Highway 157
- Established retail area with multiple wall coolers remaining
- Commercial‑style kitchen, counter and service areas
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
Paved road access
Location Intelligence
Trade Area within ½ mile
13
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
0.4 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 - Highway-oriented commercial building with retail space, coolers, a commercial kitchen, service counters, and two bathrooms.
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 0.59‑acre commercial property at 13377 Highway 157; Established retail area with multiple wall coolers remaining; Commercial‑style kitchen, counter and service areas
