Retail Storefront with
For Sale
$93,500
412 N Martin L King Dr, Eunice, LA 70535
Retail storefront property with ample front and rear parking, offered for sale in Eunice.
Property Size900 SF
Price / SF$103.89
Days on Market336
Property Features for 412 N Martin L King Dr
General Information
Standard status
Active
Size
900 SF
Listing Agency:
Sold Realty, LLC
Listed By:
Lisa F Feucht
(337) 580-3205
Source:
Exprealty
Added: Nov 22, 2025
Changed: Oct 9
Last Checked: Oct 23 at 11:08AM
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 Sold Realty, LLC
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Investment Insights
Based on property information with market context.
This for-sale retail storefront property offers classic presentation and a community presence on a main commercial corridor. The offering includes ample parking in both the front and rear to support customer access.
Located at 412 N Martin L King Dr in Eunice, the property is positioned for convenient on-site parking and everyday visibility along MLK Jr, Dr.
The property is listed at 900 square feet, with the available space configured as a retail storefront for a hands-on operator or an investor looking for a small-format retail asset.
Located at 412 N Martin L King Dr in Eunice, the property is positioned for convenient on-site parking and everyday visibility along MLK Jr, Dr.
The property is listed at 900 square feet, with the available space configured as a retail storefront for a hands-on operator or an investor looking for a small-format retail asset.
Key Highlights
- Retail storefront property for sale in Eunice
- Located on MLK Jr, Dr.
- Ample parking available in front and rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,260
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$125,200
$125.2K
Cap Rate 7%
$89,429
$89.4K
Cap Rate 9%
$69,556
$69.6K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$9.7K $10.80/SF
− Vacancy
−$778 −$0.86/SF
EGI
$8.9K $9.94/SF
− OpEx
−$2.7K −$2.98/SF
NOI
$6.3K $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%
$125,200
Cap Rate 7%
$89,429
Cap Rate 9%
$69,556
Alternative Uses
Best Use
Retail
$89.4K
$78.3K – $104.3K
NOI $6,260 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$135.8K
$118.8K – $158.4K
NOI $9,504 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Home Improvements & Furnishings 19%
Dining 19%
Hotels & Casinos 3%
Dollar General
Shops & Services
8,971 visits/mo
0.3 miles
Smith's Hardware & Everything Rental Center
Home Improvements & Furnishings
4,739 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,649 visits/mo
0.4 miles
El Rodeo
Dining
4,647 visits/mo
0.4 miles
Enterprise Rent-A-Car
Shops & Services
815 visits/mo
0.2 miles
Demographics for 70535, LA
17,292
Population
7,749
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
80%
High-School Grad
160.6 sq mi
ZIP Area
108
Density / Sq Mi
$44,804
Median Household Income
$38,598
Median Earnings
$789
Median Rent
$161,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Petals & Pots — 751 Laurel St, Eunice, LA 70535
- Flower House — 450 N 2nd St, Eunice, LA 70535
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront property with ample front and rear parking, offered for sale in Eunice.
Where is this storefront property located?
The property is located at 412 N Martin L King Dr Eunice, LA.
What is the asking price?
The asking price for this property is $93,500.
What are key features of this property?
This property features: Retail storefront property for sale in Eunice; Located on MLK Jr, Dr.; Ample parking available in front and rear
