Storefront Property with
For Sale
$500,000
2059 John H King Service Rd, Pineville, LA 71360
C-1 zoning and an open interior support a range of commercial layouts, subject to applicable approvals.
Property Size1,200 SF
Lot Size0.54 Acres
Price / SF$416.67
Days on Market50
Property Features for 2059 John H King Service Rd
General Information
Standard status
Active
Size
1,200 SF
Lot size
0.54 Acres
Zoning
C-1
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Listing Agency:
EXP REALTY, LLC
(337) 522-7554
Listed By:
Mary Sonnier · License #0000076724
(318) 664-6387
Source:
Exprealty
Added: Sep 10
Changed: Oct 28
Last Checked: Oct 28 at 9:41AM
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 EXP REALTY, LLC
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Investment Insights
Based on property information with market context.
The storefront at 2059 John H King Service Rd includes approximately 1,200 heated sq. ft. and 1,600 sq. ft. under roof. Its largely open interior allows the space to be reconfigured, while the covered drive-through provides a dedicated feature for customer pickup or drop-off operations. The property is zoned C-1 commercial, with use subject to applicable municipal requirements and approvals.
Positioned beside the US Hwy 167/Pineville Expressway and LA Hwy 28 interchange, the site offers direct connectivity at a major Pineville crossroads. The approximately 0.54-acre property is suited to commercial users seeking a visible storefront with convenient highway access and adaptable interior space.
Positioned beside the US Hwy 167/Pineville Expressway and LA Hwy 28 interchange, the site offers direct connectivity at a major Pineville crossroads. The approximately 0.54-acre property is suited to commercial users seeking a visible storefront with convenient highway access and adaptable interior space.
Key Highlights
- Approximately 1, 200 heated sq. ft. and 1, 600 sq. ft. under roof
- Approximately 0.54‑acre commercial property
- Covered drive‑through supports pickup or drop‑off operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$972 −$0.81/SF
EGI
$20.6K $17.19/SF
− OpEx
−$6.2K −$5.16/SF
NOI
$14.4K $12.03/SF
Area
Rapides County, LA
Vacancy
4.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Retail
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.8K
$289.4K – $385.9K
NOI $23,155 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Wendy's
Dining
15,881 visits/mo
0.4 miles
Taco Bell
Dining
12,459 visits/mo
0.2 miles
CC's Coffee House
Dining
9,806 visits/mo
0.3 miles
Demographics for 71360, LA
36,026
Population
15,970
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
90%
High-School Grad
193.1 sq mi
ZIP Area
187
Density / Sq Mi
$59,592
Median Household Income
$41,561
Median Earnings
$924
Median Rent
$196,300
Median Home Value
Check the figures for this property
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?
Storefront property - C-1 zoning and an open interior support a range of commercial layouts, subject to applicable approvals.
Where is this storefront property located?
The property is located at 2059 John H King Service Rd Pineville, LA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 1, 200 heated sq. ft. and 1, 600 sq. ft. under roof; Approximately 0.54‑acre commercial property; Covered drive‑through supports pickup or drop‑off operations
