Auto Shop with 10 Service
34905 La Hwy 1019, Denham Springs, LA 70706
For Sale
$3,200,000
Equipment includes a vehicle lift, two motor hoists, overhead tire storage, and an under-floor service pit.
Property Size8,480 SF
Lot Size0.50 Acres
Price / SF$377.36
Days on Market143
Property Features for 34905 La Hwy 1019
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Automotive
Service Bays
Automotive Uses
Additional Details
Road Access
Real Estate Included
Taxes and HOA fees
Annual Taxes
Amenities
vehicle lift
two motor hoists
overhead tire storage
under-floor service pit/lube bay
air-conditioned office
reception and waiting area
private office with restroom
apartment with restroom
elevated overlook area
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
CHT Group Real Estate, LLC
(225) 289-5483
Listed By:
Theresa Dixon
(225) 333-1103
Source:
Anslumrealestate
Added: Jun 20
Changed: Nov 8
Last Checked: Nov 8 at 8:51AM
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 CHT Group Real Estate, LLC
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Investment Insights
Based on property information with market context.
This automotive service property at 34905 La Hwy 1019 in Denham Springs, Louisiana, occupies an approximately 0.5-acre parcel and contains 8,480 square feet. The shop has 10 service bays, a vehicle lift, two motor hoists, overhead tire storage, and a 1,348-square-foot under-floor service pit/lube bay. An air-conditioned 11' x 12' office is located within the shop. The customer area includes a 459-square-foot reception and waiting room with a restroom and service counter, plus a separate 180-square-foot office with its own restroom and exterior access.
The upper level includes a 270-square-foot apartment with a private 5' x 5' restroom and a 20' x 17' elevated overlook above the shop. The overlook also provides access to HVAC components. Built in 1982, the property is situated at an intersection and has frontage on two roadways.
The upper level includes a 270-square-foot apartment with a private 5' x 5' restroom and a 20' x 17' elevated overlook above the shop. The overlook also provides access to HVAC components. Built in 1982, the property is situated at an intersection and has frontage on two roadways.
Key Highlights
- Approximately 0.5‑acre parcel with 8,480 square feet
- 10 service bays, vehicle lift, two motor hoists, and overhead tire storage
- 1,348‑square‑foot under‑floor service pit/lube bay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,684
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,653,680
$2.7M
Cap Rate 7%
$1,895,486
$1.9M
Cap Rate 9%
$1,474,267
$1.5M
Market Conditions
NOI Build-Up for 8,480 SF
Gross rent
$190.3K $22.44/SF
− Vacancy
−$742 −$0.09/SF
EGI
$189.5K $22.35/SF
− OpEx
−$56.9K −$6.71/SF
NOI
$132.7K $15.65/SF
Area
Livingston County, LA
Vacancy
0.39%
Lease Rate
$22.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,653,680
Cap Rate 7%
$1,895,486
Cap Rate 9%
$1,474,267
Alternative Uses
Best Use
Retail
$1.90M
$1.66M – $2.21M
NOI $132,684 @ 7.0% cap · market cap 4.15%
Second Best
Industrial
$807.9K
$706.9K – $942.5K
NOI $56,550 @ 7.0% cap · market cap 1.77%
Theoretical Best
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,162 @ 7.0% cap · market cap 4.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
10
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
45k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Shops & Services 12%
Home Improvements & Furnishings 5%
McDonald's
Dining
20,735 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
7,468 visits/mo
0.5 miles
SUBWAY
Dining
4,973 visits/mo
0.2 miles
Whitney Bank
Shops & Services
4,388 visits/mo
0.2 miles
Pizza Hut
Dining
3,856 visits/mo
0.1 miles
Demographics for 70706, LA
22,476
Population
8,561
Households
2.6
Avg Household Size
36
Median Age
23%
College-Educated
91%
High-School Grad
52.9 sq mi
ZIP Area
425
Density / Sq Mi
$94,768
Median Household Income
$49,268
Median Earnings
$979
Median Rent
$237,900
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
- Watson Car Care — 34481 LA-16, Denham Springs, LA 70706
- Phoenix Cycles — 34624 LA-16, Denham Springs, LA 70706
- Atu & Utv Specialist — 34624 LA-16, Denham Springs, LA 70706
- Piper Custom Auto, Llc — 34697 LA-16, Denham Springs, LA 70706
- Elite Powersports — 34624 LA-16, Denham Springs, LA 70706
Frequently Asked Questions
What type of property is this?
Auto shop - Equipment includes a vehicle lift, two motor hoists, overhead tire storage, and an under-floor service pit.
Where is this auto shop located?
The property is located at 34905 La Hwy 1019 Denham Springs, LA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Approximately 0.5‑acre parcel with 8,480 square feet; 10 service bays, vehicle lift, two motor hoists, and overhead tire storage; 1,348‑square‑foot under‑floor service pit/lube bay
