Gas Station with Convenience
For Sale
$575,000
3047 HIGHWAY 1, Grand Isle, LA 70358
Commercial Sale, Grand Isle, LA
Property Size2,040 SF
Lot Size0.33 Acres
Price / SF$281.86
Days on Market281
Property Features for 3047 HIGHWAY 1
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Parking Lot
Lot features
Corner Lot
Directions
Drive South on LA1 to Grand Isle; after crossing the GI bridge, continue South to mile marker 3.3 / Chighizola Ln; Landry's Quick Stop is on the left side of Hwy 1.
Standard status
Active
APN
0610003253
Size
2,040 SF
Lot size
0.33 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Automotive
Automotive Uses
fuel station
Convenience Store
Yes
Taxes and HOA fees
Tax Description
Pt of Ground Sec 28 T22 SR24E Grand Isle
Tax Annual Amount
4055
Legal Description
Pt of Ground Sec 28 T22 SR24E Grand Isle
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1959
Floors in Building
1
Building materials
Concrete
Roof type
Metal
Listing Agency:
Island Realty
Listed By:
Sadie M Galiano · License #73867
(985) 787-2747
Added: Jan 16
Changed: Oct 23
Last Checked: Oct 24 at 3:06AM
MLS# 2026000918
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,040-square-foot gas station and convenience store sits on a 0.33-acre parcel in Grand Isle. The business has operated since 1959 and offers non-ethanol gasoline alongside breakfast and lunch service. The sale includes trade fixtures, furnishings, and inventory. The building has concrete construction, a metal roof, central heating and air conditioning, and a parking lot.
Located at 3047 Highway 1, the property is zoned Commercial. Public water and a private septic system serve the site. Grand Isle draws more than 30,000 visitors during a typical summer weekend, including coastal visitors and boaters.
Located at 3047 Highway 1, the property is zoned Commercial. Public water and a private septic system serve the site. Grand Isle draws more than 30,000 visitors during a typical summer weekend, including coastal visitors and boaters.
Key Highlights
- Gas station and convenience store on 0.33 acres
- 2,040‑square‑foot building constructed in 1959
- Non‑ethanol gasoline, with breakfast and lunch service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,546
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,920
$690.9K
Cap Rate 7%
$493,514
$493.5K
Cap Rate 9%
$383,844
$383.8K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$47.0K $23.04/SF
− Vacancy
−$940 −$0.46/SF
EGI
$46.1K $22.58/SF
− OpEx
−$11.5K −$5.64/SF
NOI
$34.5K $16.93/SF
Area
Jefferson County, LA
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,920
Cap Rate 7%
$493,514
Cap Rate 9%
$383,844
Alternative Uses
Best Use
Specialty Retail
$493.5K
$431.8K – $575.8K
NOI $34,546 @ 7.0% cap · market cap 6.01%
Second Best
Retail
$460.6K
$403.0K – $537.4K
NOI $32,243 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$538.2K
$470.9K – $627.9K
NOI $37,675 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
128
Businesses Nearby
Explore this area
Business Placement
Demographics for 70358, LA
1,005
Population
1,703
Households
0.6
Avg Household Size
51
Median Age
24%
College-Educated
87%
High-School Grad
6.5 sq mi
ZIP Area
155
Density / Sq Mi
$43,707
Median Earnings
$1,118
Median Rent
$266,100
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?
Gas station - Non-ethanol gasoline and prepared breakfast and lunch service complement the convenience store.
Where is this gas station located?
The property is located at 3047 HIGHWAY 1 Grand Isle, 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: Gas station and convenience store on 0.33 acres; 2,040‑square‑foot building constructed in 1959; Non‑ethanol gasoline, with breakfast and lunch service
