Restaurant with Kitchen
For Sale
$575,000
29678 FROST Road, Livingston, LA 70754
Restaurant property with commercial cooking, refrigeration, ordering, security, sound, and alarm systems in place.
Property Size2,592 SF
Price / SF$221.84
Days on Market12
Property Features for 29678 FROST Road
General Information
Standard status
Active
Size
2,592 SF
Property subtype
General Commercial
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Highway Access
Yes
Amenities
3
110x110x110x110
Building Details
Year Built
2007
Stories
2
Listing Agency:
Davis Realty Group, LLC
(985) 320-2797
Listed By:
Donna Davis · License #995709610
(985) 320-2797
Source:
Xome
Added: Jul 29
Changed: Aug 9
Last Checked: Aug 9 at 8:26AM
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 Davis Realty Group, LLC
Investment Insights
Based on property information with market context.
This restaurant property encompasses 2,592 square feet and was built in 2007. The existing setup includes commercial cooking and refrigeration equipment, including two flat-top grills with a range and oven, a fryer, hood vent and Anvil system, walk-in cooler, reach-in coolers, freezer, and preparation tables. A three-station Heartland POS system, video surveillance, building sound system, and alarm system are also included.
The property is located at 29678 Frost Road in Livingston, Louisiana, minutes from Interstate 12. Its existing restaurant infrastructure supports continued food-service use, while the available equipment provides a substantial operational base for an owner-user or restaurant operator.
The property is located at 29678 Frost Road in Livingston, Louisiana, minutes from Interstate 12. Its existing restaurant infrastructure supports continued food-service use, while the available equipment provides a substantial operational base for an owner-user or restaurant operator.
Key Highlights
- 2,592‑square‑foot restaurant property built in 2007
- Commercial kitchen equipment includes grills, range and oven, fryer, hood vent, and Anvil system
- Walk‑in cooler, reach‑in coolers, freezer, and multiple prep tables included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,453
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$869,060
$869.1K
Cap Rate 7%
$620,757
$620.8K
Cap Rate 9%
$482,811
$482.8K
Market Conditions
NOI Build-Up for 2,592 SF
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.
Gross rent
$58.2K $22.44/SF
− Vacancy
−$227 −$0.09/SF
EGI
$57.9K $22.35/SF
− OpEx
−$14.5K −$5.59/SF
NOI
$43.5K $16.76/SF
Area
Livingston County, LA
Vacancy
0.39%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$869,060
Cap Rate 7%
$620,757
Cap Rate 9%
$482,811
Alternative Uses
Best Use
Specialty Retail
$620.8K
$543.2K – $724.2K
NOI $43,453 @ 7.0% cap · market cap 7.56%
Second Best
Retail
$579.4K
$507.0K – $675.9K
NOI $40,556 @ 7.0% cap · market cap 7.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Burger King
Dining
16,061 visits/mo
0.4 miles
Taco Bell
Dining
6,909 visits/mo
0.4 miles
Demographics for 70754, LA
11,966
Population
4,743
Households
2.5
Avg Household Size
37
Median Age
12%
College-Educated
86%
High-School Grad
127.3 sq mi
ZIP Area
94
Density / Sq Mi
$65,122
Median Household Income
$49,164
Median Earnings
$1,113
Median Rent
$181,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with commercial cooking, refrigeration, ordering, security, sound, and alarm systems in place.
Where is this conventional restaurant located?
The property is located at 29678 FROST Road Livingston, LA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2,592‑square‑foot restaurant property built in 2007; Commercial kitchen equipment includes grills, range and oven, fryer, hood vent, and Anvil system; Walk‑in cooler, reach‑in coolers, freezer, and multiple prep tables included
