Full-Service Gas Station with
1701 Lee St Alexandria, LA 71301
For Sale
$299,000
Full-service gas station with 8 pumps, kitchen, and ample parking, sold as-is near a major interstate.
Property Size1,686 SF
Price / SF$177.34
Days on Market163
Property Features for 1701 Lee St
General Information
Standard status
Active
Size
1,686 SF
Listing Agency:
RE/MAX Excellence
(337) 793-5738
Listed By:
Toni L Effingger · License #0995680712
(337) 793-5738
Source:
Exprealty
Added: Feb 17
Changed: Jul 10
Last Checked: Jul 29 at 1:22PM
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 RE/MAX Excellence
Investment Insights
Based on property information with market context.
This full-service gas station includes 8 fuel pumps and a kitchen, with parking available on-site to support customers and daily operations. The property is offered for sale in as-is condition, with the seller making no repairs.
The site is located on a busy corner lot just minutes from I-49, not far from downtown Alexandria. It provides convenient access for motorists approaching from multiple directions.
For buyers seeking an automotive-oriented retail and service concept, the existing fuel and kitchen setup can support ongoing convenience and food service operations under current configuration, subject to applicable approvals and business requirements. Ample parking on the property supports customer use for both fueling and quick-service needs. Prospective buyers should plan for their own due diligence regarding condition, functionality, and any required updates given the as-is sale terms.
The site is located on a busy corner lot just minutes from I-49, not far from downtown Alexandria. It provides convenient access for motorists approaching from multiple directions.
For buyers seeking an automotive-oriented retail and service concept, the existing fuel and kitchen setup can support ongoing convenience and food service operations under current configuration, subject to applicable approvals and business requirements. Ample parking on the property supports customer use for both fueling and quick-service needs. Prospective buyers should plan for their own due diligence regarding condition, functionality, and any required updates given the as-is sale terms.
Key Highlights
- Full‑service gas station on a busy corner lot, minutes from I‑49 and not far from downtown Alexandria
- Equipped with 8 pumps
- Includes a kitchen
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $17.04 |
| − Vacancy | −$1.3k | −$0.77 |
| EGI | $27.4k | $16.27 |
| − OpEx | −$6.9k | −$4.07 |
| NOI | $20.6k | $12.20 |
1,686 SF · lease $17.04/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$294.0K
$257.2K – $343.0K
NOI $20,577 @ 7.0% cap · market cap 6.88%
Second Best
Retail
$289.8K
$253.6K – $338.1K
NOI $20,288 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$464.8K
$406.7K – $542.2K
NOI $32,533 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Gas station - Full-service gas station with 8 pumps, kitchen, and ample parking, sold as-is near a major interstate.
Where is this gas station located?
The property is located at 1701 Lee St Alexandria, LA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Full‑service gas station on a busy corner lot, minutes from I‑49 and not far from downtown Alexandria; Equipped with 8 pumps; Includes a kitchen
