Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Food Truck Prep Kitchen Title is generated by Realmo AI

    1703 Soybean St, Sulphur, LA 70663

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Commercial kitchen on 0.80 acres, ideal for food service.

    Type:Retail
    Property size:
    240 SF
    Lot size:
    0.80 Acres
    Price / SF:
    $520/SF
    Added:
    Nov 1, 2024
    Days on Market:
    580
    Last Refresh:
    May 12 at 8:20 pm

    Property Features for 1703 Soybean St

    General Information

    Standard status
    Active
    Size
    240 SF
    Lot size
    0.80 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Tommy Eastman CCIM

    Listing agent Tommy Eastman CCIM License #43345

    Listing office CENTURY 21 Bessette Flavin

    Listing date Nov 1, 2024

    Source Crexi

    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 CENTURY 21 Bessette Flavin

    HighLights

    • Food truck prep kitchen on approximately .80 acres.
    • Located in Flood Zone X per FEMA maps.
    • 1,000‑gallon grease trap.
    • Corner lot location at N Beglis Pkwy and Soybean St.
    • Circle driveway for easy access.
    • Public water and sewer.

    Overview

    This property, situated on approximately 0.80 acres at the corner of N Beglis Pkwy and Soybean St, is designed as a food truck prep kitchen. It features a 1,000-gallon grease trap and a covered awning. A circle driveway facilitates convenient access. The property is located in Flood Zone X according to FEMA maps and is serviced by public water and sewer. The property size is 240 square feet. This property is suitable for food service operations.
    Location Intelligence

    Current Use by Public Records

    Cajupinos food truck Restaurant

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sulphur
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.35764
    Latitude
    30.249596

    Nearby Similar for Sale

    • $425,000
      3,600 SF

      Functional Office Building in Sulphur

      Well-designed office building in Sulphur, LA, ideal for various businesses.
      309 N Huntington, Sulphur, LA 70663
      View Details
    • $439,000

      Commercial Building on Maplewood Drive

      Well-positioned commercial building with income-producing suites in Sulphur, LA.
      3620 Maplewood, Sulphur, LA 70663
      View Details
    • $425,000
      3,600 SF

      Sulphur Office Building For Sale

      Professional office building in Sulphur, turnkey and ready for occupancy.
      309 N Huntington Street N Sulphur, LA 70663
      View Details
    • $2,350,000
      11,562 SF

      Sulphur Suites Income Opportunity

      Stabilized 16-unit multifamily property in Sulphur's industrial corridor.
      356 Invader Street, Sulphur, LA 70663
      View Details
    • $450,000
      5,820 SF

      Versatile Warehouses on Napoleon Street

      Light industrial property featuring two warehouses on nearly half an acre.
      2713 E Napoleon Street E, Sulphur, LA 70663
      View Details
    • $499,999
      10,472 SF

      Commercial Shop & Office with Storage

      Versatile commercial property with shop, office, and storage units.
      2117 Estelle Drive, Sulphur, LA 70665
      View Details
    • $165,000

      Sulphur Inspection Center For Sale

      Historic inspection center in Sulphur, Louisiana, with business zoning.
      307 Post Oak, Sulphur, LA 70663
      View Details
    • $2,500
      1,400 SF

      Versatile Commercial Space with Warehouse

      Commercial space with office and warehouse in high-traffic area.
      2412 Maplewood Drive Suite 5 Sulphur, LA 70663
      View Details
    • $1,075,000
      3,994 SF

      North Sulphur Ranch with Acreage

      33.5-acre ranch featuring barns, ponds, and remodeled apartment.
      3766 N Highway 27 N, Sulphur, LA 70663
      View Details
    • $3,100,000
      15,000 SF

      Industrial Investment Opportunity in Sulphur

      Modern industrial facility with laydown yard in prime location.
      2850 Calcasieu Industrial Dr, Sulphur, LA 70665
      View Details
    • $119,000
      700 SF

      Turnkey Restaurant Opportunity Westlake, LA

      Fully equipped restaurant for sale in high-traffic Westlake, Louisiana.
      1411 E Houston River Road, Sulphur, LA 70663
      View Details
    • $245,000

      Updated Office Building on Large Lot

      Updated office building featuring multiple offices and conference room.
      619 Henning, Sulphur, LA 70663
      View Details

    FAQs

    What type of property is this?
    Commercial kitchen - Commercial kitchen on 0.80 acres, ideal for food service.
    Where is this commercial kitchen located?
    The property is located at 1703 Soybean St Sulphur, LA.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: Food truck prep kitchen on approximately .80 acres.; Located in Flood Zone X per FEMA maps.; 1,000‑gallon grease trap.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tommy Eastman CCIM
    Real Estate License ID: 43345
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1703 Soybean St, Sulphur, LA 70663
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!