Food Truck Prep
For Sale
$124,900
1703 Soybean St, Sulphur, LA 70663
Commercial kitchen on 0.80 acres, ideal for food service.
Property Size240 SF
Lot Size0.80 Acres
Price / SF$520.42
Days on Market213
Property Features for 1703 Soybean St
General Information
Standard status
Active
Size
240 SF
Lot size
0.80 Acres
Building Details
Year Built
2021
Listing Agency:
CENTURY 21 Bessette Flavin
Listed By:
Cassie Brydels · License #995704073
(337) 317-2072
Source:
Athomerealtyla
Added: Mar 26
Changed: Oct 4
Last Checked: Oct 7 at 12:53PM
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
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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 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.
Key Highlights
- Food truck prep kitchen on approximately .80 acres.
- Located in Flood Zone X per FEMA maps.
- 1,000‑gallon grease trap.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,621
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$72,420
$72.4K
Cap Rate 7%
$51,729
$51.7K
Cap Rate 9%
$40,233
$40.2K
Market Conditions
NOI Build-Up for 240 SF
Gross rent
$5.0K $21.00/SF
− Vacancy
−$212 −$0.88/SF
EGI
$4.8K $20.12/SF
− OpEx
−$1.2K −$5.03/SF
NOI
$3.6K $15.09/SF
Area
Calcasieu County, LA
Vacancy
4.20%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$72,420
Cap Rate 7%
$51,729
Cap Rate 9%
$40,233
Alternative Uses
Best Use
Specialty Retail
$51.7K
$45.3K – $60.4K
NOI $3,621 @ 7.0% cap · market cap 2.90%
Second Best
Industrial
$21.2K
$18.6K – $24.7K
NOI $1,484 @ 7.0% cap · market cap 1.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
Krispy Krunchy Chicken
Dining
2,241 visits/mo
0.3 miles
Chevron
Shops & Services
642 visits/mo
0.3 miles
Demographics for 70663, LA
29,325
Population
12,767
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
97.8 sq mi
ZIP Area
300
Density / Sq Mi
$59,444
Median Household Income
$37,587
Median Earnings
$914
Median Rent
$174,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
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.
