Auto Body Shop with Paint
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 Market186
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
Exterior features
Fully Fenced, OH Door 10 - 15 Ft
Fencing
Full
Lot features
Corner
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
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
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
downdraft heated paint booth
dedicated paint mixing room
Building Details
Flooring type
Tile, Concrete
Roof type
Metal
Listing Agency:
Real Broker, LLC
(337) 418-9700
Listed By:
Chris Lejeune · License #0995691823
(337) 224-7749
Added: Apr 22
Changed: Oct 8
Last Checked: Oct 23 at 11:06PM
MLS# 2600003554
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,813-square-foot auto body shop sits on a 0.28-acre parcel at 331 E Jefferson Street in Opelousas. The building includes a downdraft heated paint booth, a separate paint mixing room, repair bays, preparation areas, and vehicle storage space. A 10–15-foot overhead door and full fencing are among the exterior features. The business is currently closed.
The property has Commercial zoning and public water and sewer service. Interior finishes include tile and concrete flooring; heating is natural gas, and cooling is provided by window units.
The property has Commercial zoning and public water and sewer service. Interior finishes include tile and concrete flooring; heating is natural gas, and cooling is provided by window units.
Key Highlights
- 3,813‑square‑foot auto shop on a 0.28‑acre parcel
- Downdraft heated paint booth
- Separate paint mixing room
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
NOI $26,520 @ 7.0% cap · market cap 7.59%
Second Best
Industrial
$217.7K
$190.5K – $254.0K
NOI $15,239 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$575.2K
$503.3K – $671.1K
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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 - Paint preparation and repair areas are in place for collision and refinishing work.
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: 3,813‑square‑foot auto shop on a 0.28‑acre parcel; Downdraft heated paint booth; Separate paint mixing room
