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Auto Body Shop with Paint Booth
For Sale
$349,500

331 E Jefferson Street, Opelousas, LA 70570

Commercial Sale, Opelousas, LA

Property Size3,813 SF
Lot Size0.28 Acres
Price / SF$91.66
Days on Market191

Property Features for 331 E Jefferson Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 20
Security features Security System
Lot features Corner Lot
Directions Coming from Lafayette head N on I 49 towards Opelousas. Take exit 18 for LA 31 Creswell Lane. Take a left onto Creswell Lane. Turn right onto S Union St. Turn right onto E Jefferson.
Subdivision L2
Standard status Active
APN 0100103900
Size 3,813 SF
Lot size 0.28 Acres

Additional Details

Real Estate Included Yes
Automotive Uses collision/body shop

Taxes and HOA fees

Tax Description 1 LOT C (89.95X137.84) N GOUDEAU S JEFFERSON ST E WALNUT ST W GOUDEAU FRONTING 89.95' ON JEFFERSON ST IN SEC 88 T-6S R-4E 894450 (I-39-567) (LOT 3 BLK 3 E JEFFERSON ST
Legal Description 1 LOT C (89.95X137.84) N GOUDEAU S JEFFERSON ST E WALNUT ST W GOUDEAU FRONTING 89.95' ON JEFFERSON ST IN SEC 88 T-6S R-4E 894450 (I-39-567) (LOT 3 BLK 3 E JEFFERSON ST

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Window Unit(s)
Water source Public

Amenities

downdraft heated paint booth
paint mixing room

Building Details

Flooring type Tile, Concrete
Building materials Block, Brick
Roof type Metal
Listing Agency: Real Broker, LLC
Listed By: Chris Lejeune · License #0995691823
Added: Apr 22 Changed: Oct 28 Last Checked: Oct 29 at 6:06AM
MLS# 2600003554

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.

Rey
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 3,813-square-foot auto body facility is set up with a downdraft heated paint booth and a separate paint mixing room. Block and brick construction, concrete and tile flooring, and a metal roof are among the building features. The property is currently closed and includes one bathroom.

The 0.28-acre site is at 331 E Jefferson Street in Opelousas, Louisiana. Public water and sewer serve the property, and natural gas is available. Commercial zoning supports its described automotive use.

Key Highlights

  • Downdraft heated paint booth installed
  • Dedicated paint mixing room
  • 3,813‑square‑foot building on a 0.28‑acre site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,520
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,400 $530.4K
Cap Rate 7%
$378,857 $378.9K
Cap Rate 9%
$294,667 $294.7K
Market Conditions
NOI Build-Up for 3,813 SF
Gross rent
$41.2K $10.80/SF
− Vacancy
−$3.3K −$0.86/SF
EGI
$37.9K $9.94/SF
− OpEx
−$11.4K −$2.98/SF
NOI
$26.5K $6.96/SF
Area
St. Landry County, LA
Vacancy
8.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$530,400
Cap Rate 7%
$378,857
Cap Rate 9%
$294,667

Alternative Uses

Best Use
Retail
$378.9K
$331.5K – $442.0K (±1% cap)
NOI $26,520 @ 7.0% cap · market cap 7.59%
Second Best
Industrial
$217.7K
$190.5K – $254.0K (±1% cap)
NOI $15,239 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$575.2K
$503.3K – $671.1K (±1% cap)
NOI $40,265 @ 7.0% cap · market cap 11.52%
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

Body Shop Ltd Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center HVAC Service Skin Care Clinic Cafe & Coffee Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

656
Businesses Nearby
Well-served
Demand for This Use

Demographics for 70570, LA

38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Sterling Ford Service — interstate 49 south service rd, opelousas, la 70570
  • Sterling Ford-Lincoln Service and Parts — 5524 i-49 frontage rd, opelousas, la 70570
  • Take 5 Oil Change — 1108 Creswell Ln, Opelousas, LA 70570
  • Sterling Buick GMC Service and Parts — 5853 Frontage Rd. I 49 South, 5853 Interstate 49 South Service Rd, Opelousas, LA 70570
  • Sterling Collision Center — 5853 Interstate 49 South Service Rd, Opelousas, LA 70570

Frequently Asked Questions

What type of property is this?
Auto shop - Commercially zoned facility includes specialized painting equipment and a dedicated mixing room.
Where is this auto shop located?
The property is located at 331 E Jefferson Street Opelousas, LA.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: Downdraft heated paint booth installed; Dedicated paint mixing room; 3,813‑square‑foot building on a 0.28‑acre site
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