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    Salon Suite at Open-Air Market Title is generated by Realmo AI

    1683 Evergreen Blvd, Stonewall, LA 71078

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    For Lease
    $800 /Mo

    COMMERCIAL - Stonewall, LA

    Type:Retail
    Added:
    Feb 20, 2026
    Days on Market:
    104
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for 1683 Evergreen Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    APN
    0200229650G

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Wall Unit(s), Electric

    Building Details

    Year built
    2025
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    SteelSiding
    Roof type
    Composition, Metal, Flat

    We can help!

    Listing Contact
    Bryan Chase
    Bryan Chase

    Listing agent Bryan Chase License #0995715372

    Listing office WelChase Realty Broussard, LA

    Listing date Feb 20, 2026

    MLS# 21185454

    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.

    HighLights

    • Suite 6 commercial salon space at Brassica Farms in Stonewall’s open‑air market destination
    • Property is under construction with Year Built 2025
    • Steel siding exterior construction with vinyl flooring
    • Electric heating with wall unit and electric cooling
    • Roof includes composition, metal, and flat roofing
    • Connected to public sewer

    Overview

    Suite 6 is a dedicated salon suite designed for a hair stylist or beauty professional, with a functional layout that includes space for client seating and room to set up retail display. The space is positioned to support day-to-day appointments while also giving brands a practical way to showcase products to on-site customers.

    Located at Brassica Farms in Stonewall, the suite benefits from a lively, open-air market environment. The destination draws foot traffic through weekly events and regular activity from local vendors, along with food trucks and live music that contribute to a welcoming, family-oriented atmosphere.

    For operators looking to launch or expand, this suite offers a high-visibility retail-and-service setting within a distinctive mixed-use development. The surrounding venue activity helps create consistent exposure and supports a steady flow of prospective clients who visit the market as a community hub. If you want your salon to be part of a destination where people come back repeatedly, Suite 6 provides a turn-key fit for a beauty business seeking momentum and visibility.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Stonewall
    County
    De Soto
    State
    Louisiana
    Longitude
    -93.802275
    Latitude
    32.271999

    FAQs

    What type of property is this?
    Storefront property - Suite 6 offers client seating and retail display in a high-visibility market setting with ongoing community events.
    Where is this storefront property located?
    The property is located at 1683 Evergreen Blvd Stonewall, LA.
    What is the lease rate?
    The lease rate is $800 /Mo.
    What are key features of this property?
    This property features: Suite 6 commercial salon space at Brassica Farms in Stonewall’s open‑air market destination; Property is under construction with Year Built 2025; Steel siding exterior construction with vinyl flooring
    (318) 465-9138
    We can help!
    Listing Contact
    Bryan Chase
    Bryan Chase
    Real Estate License ID: 0995715372
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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