High-Visibility Retail with
311 S Burnside Ave, Gonzales, LA 70737
For Sale
$595,000
Retail site on 1.23 acres with gas and 3-phase power, suitable for fast-food or other high-profile uses.
Property Size2,574 SF
Lot Size1.23 Acres
Price / SF$231.16
Days on Market2531
Property Features for 311 S Burnside Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Heavy Power
Listing Agency:
Saurage Rotenberg Commercial Real Estate, LLC
Listed By:
Carmen Austin MBA CCIM SIOR · License LA BROK.0912122713-ASA
(225) 930-6256
Source:
Lacdb.resimplifi
Added: Dec 9, 2019
Changed: Oct 25
Last Checked: Nov 12 at 4:10AM
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 Saurage Rotenberg Commercial Real Estate, LLC
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Investment Insights
Based on property information with market context.
This high-visibility retail property is offered for sale or lease and sits on a 1.23-acre lot with ample room for future improvements. The site includes gas and 3-phase power already available on location. The property configuration supports potential development for a drive-through concept and on-site parking.
The property is positioned for high-traffic exposure along S Burnside Ave in Gonzales, Louisiana. It is zoned C-2, which aligns with a range of commercial retail and drive-through oriented users.
The practical utility of this site is its readiness for a drive-through and its available utilities, including gas and three-phase electrical service. It may fit well for a fast-food operator or another high-profile retail user seeking a visibility-driven location and the flexibility to plan improvements and parking to meet operational needs. All inquiries regarding final layout, permitting, and any specific development requirements should be directed to the appropriate local authorities.
The property is positioned for high-traffic exposure along S Burnside Ave in Gonzales, Louisiana. It is zoned C-2, which aligns with a range of commercial retail and drive-through oriented users.
The practical utility of this site is its readiness for a drive-through and its available utilities, including gas and three-phase electrical service. It may fit well for a fast-food operator or another high-profile retail user seeking a visibility-driven location and the flexibility to plan improvements and parking to meet operational needs. All inquiries regarding final layout, permitting, and any specific development requirements should be directed to the appropriate local authorities.
Key Highlights
- High‑visibility retail site available for sale or lease in a high‑traffic location
- 1.23‑acre lot with ample room for improvements and expansion
- Utilities on site include gas and 3‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,659
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,180
$613.2K
Cap Rate 7%
$437,986
$438.0K
Cap Rate 9%
$340,656
$340.7K
Market Conditions
NOI Build-Up for 2,574 SF
Gross rent
$43.9K $17.04/SF
− Vacancy
−$3.0K −$1.16/SF
EGI
$40.9K $15.88/SF
− OpEx
−$10.2K −$3.97/SF
NOI
$30.7K $11.91/SF
Area
Ascension County, LA
Vacancy
6.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,180
Cap Rate 7%
$437,986
Cap Rate 9%
$340,656
Alternative Uses
Best Use
Specialty Retail
$438.0K
$383.2K – $511.0K
NOI $30,659 @ 7.0% cap · market cap 5.15%
Second Best
Retail
$347.5K
$304.1K – $405.4K
NOI $24,324 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$564.8K
$494.2K – $659.0K
NOI $39,537 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
772
Businesses Nearby
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Business Placement
Demographics for 70737, LA
47,332
Population
20,720
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
86%
High-School Grad
54.0 sq mi
ZIP Area
877
Density / Sq Mi
$80,758
Median Household Income
$51,444
Median Earnings
$1,533
Median Rent
$252,600
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail site on 1.23 acres with gas and 3-phase power, suitable for fast-food or other high-profile uses.
Where is this retail space located?
The property is located at 311 S Burnside Ave Gonzales, LA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High‑visibility retail site available for sale or lease in a high‑traffic location; 1.23‑acre lot with ample room for improvements and expansion; Utilities on site include gas and 3‑phase power
