Retail Space with Covered
For Sale
$199,900
205 E Saint Victor Street, Abbeville, LA 70510
A front porch, accessible entry, and additional parking serve a range of specialty business uses.
Property Size1,300 SF
Price / SF$153.77
Days on Market16
Property Features for 205 E Saint Victor Street
General Information
Standard status
Active
Size
1,300 SF
Amenities
handicap accessibility
charming front porch
covered parking
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Stoney Richard · License #995714987
(337) 652-2716
Source:
Exprealty
Added: Sep 22
Changed: Oct 1
Last Checked: Oct 6 at 12:40AM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This retail property offers an accessible layout, a front porch, covered parking, and additional parking for customers and visitors. The space is presented as suitable for specialty businesses, including retail, personal services, office, event, or studio uses.
The property is at 205 E Saint Victor Street in Abbeville, a short walk from downtown and St. Mary Magdalen Catholic Church.
The property is at 205 E Saint Victor Street in Abbeville, a short walk from downtown and St. Mary Magdalen Catholic Church.
Key Highlights
- Accessible commercial layout
- Covered parking plus additional parking for customers and visitors
- Front porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,766
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,320
$315.3K
Cap Rate 7%
$225,229
$225.2K
Cap Rate 9%
$175,178
$175.2K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$24.5K $18.84/SF
− Vacancy
−$2.0K −$1.51/SF
EGI
$22.5K $17.33/SF
− OpEx
−$6.8K −$5.20/SF
NOI
$15.8K $12.13/SF
Area
Vermilion County, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,320
Cap Rate 7%
$225,229
Cap Rate 9%
$175,178
Alternative Uses
Best Use
Retail
$225.2K
$197.1K – $262.8K
NOI $15,766 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.4K
$269.0K – $358.6K
NOI $21,516 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 70510, LA
24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - A front porch, accessible entry, and additional parking serve a range of specialty business uses.
Where is this retail space located?
The property is located at 205 E Saint Victor Street Abbeville, LA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Accessible commercial layout; Covered parking plus additional parking for customers and visitors; Front porch
