Auto Shop with Office
136 S 8th Street, Ponchatoula, LA 70454
For Sale
$325,000
An occupied tire-service property combines climate-controlled shop space with a recently completed office and bathroom.
Property Size1,550 SF
Price / SF$209.68
Days on Market69
Property Features for 136 S 8th Street
General Information
Standard status
Size
Property subtype
Zoning
Tenancy & Operations
Tenant in Place
Real Estate Included
Additional Details
Automotive Uses
Amenities
heated and cooled shop
recently completed office
bathroom buildout
ice machine
Building Details
Building Size
Year Built
Listing Agency:
Downtown Realty
(985) 467-7355
Listed By:
Amanda S McDaniel · License LA #995702205
(504) 451-6336
Source:
Cypresskeyrealty
Added: Sep 2
Changed: Nov 7
Last Checked: Nov 8 at 1:01PM
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 Downtown Realty
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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 1,550-square-foot auto shop was built in 1978 and is occupied by a tire shop business. The property includes heated and cooled shop space, plus a recently completed office and bathroom buildout. An ice machine is positioned at the front of the building.
The property is at 136 S 8th Street in Ponchatoula, within the city limits, and is zoned COM.
The property is at 136 S 8th Street in Ponchatoula, within the city limits, and is zoned COM.
Key Highlights
- 1,550‑square‑foot auto shop built in 1978
- Occupied by a tire shop business
- Shop space has heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,543
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,860
$310.9K
Cap Rate 7%
$222,043
$222.0K
Cap Rate 9%
$172,700
$172.7K
Market Conditions
NOI Build-Up for 1,550 SF
Gross rent
$23.3K $15.00/SF
− Vacancy
−$1.0K −$0.68/SF
EGI
$22.2K $14.33/SF
− OpEx
−$6.7K −$4.30/SF
NOI
$15.5K $10.03/SF
Area
Tangipahoa County, LA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,860
Cap Rate 7%
$222,043
Cap Rate 9%
$172,700
Alternative Uses
Best Use
Retail
$222.0K
$194.3K – $259.1K
NOI $15,543 @ 7.0% cap · market cap 4.78%
Second Best
Industrial
$93.6K
$81.9K – $109.2K
NOI $6,552 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$427.3K
$373.9K – $498.5K
NOI $29,910 @ 7.0% cap · market cap 9.20%
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
588
Businesses Nearby
49k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 40%
Hotels & Casinos 1%
Family Dollar
Shops & Services
10,992 visits/mo
0.2 miles
Maxway
Shops & Services
9,715 visits/mo
0.2 miles
La Carreta
Dining
8,577 visits/mo
0.2 miles
Pizza Hut
Dining
4,929 visits/mo
0.1 miles
Regions Bank
Shops & Services
3,979 visits/mo
0.1 miles
Demographics for 70454, LA
32,154
Population
14,132
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
174.6 sq mi
ZIP Area
184
Density / Sq Mi
$70,560
Median Household Income
$46,159
Median Earnings
$1,124
Median Rent
$219,500
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
Similar Off Market Nearby
- Work's Auto Repair — 318 South St, Hammond, LA 70403
- Ballard & Son Services Station — 346 W Oak St, Ponchatoula, LA 70454
- Big wheel — ponchatoula, la 70454
- The Car Wash Depot — 780 W Pine St, Ponchatoula, LA 70454
- Express Lube — 780 W Pine St, Ponchatoula, LA 70454
Frequently Asked Questions
What type of property is this?
Auto shop - An occupied tire-service property combines climate-controlled shop space with a recently completed office and bathroom.
Where is this auto shop located?
The property is located at 136 S 8th Street Ponchatoula, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,550‑square‑foot auto shop built in 1978; Occupied by a tire shop business; Shop space has heating and cooling
