Retail Storefront with
412 N Martin L King Dr Eunice, LA 70535
412 N Martin L King Dr, Eunice, LA, 70535
$93,500
For Sale
$93,500
Retail storefront property with ample front and rear parking, offered for sale in Eunice.
Property Size900 SF
Price / SF$103.89
Days on Market242
Property Features for 412 N Martin L King Dr
General Information
- Standard status
- Active
- Size
- 900 SF
Listing agency
Sold Realty, LLC
(337) 580-3205
Listed by
Lisa F Feucht
(337) 580-3205
Source
Exprealty
Added: Nov 22, 2025 Updated: Jul 21 at 4:42PM Checked: Jul 21 at 4:42PM
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
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.7k | $10.80 |
| − Vacancy | −$778 | −$0.86 |
| EGI | $8.9k | $9.94 |
| − OpEx | −$2.7k | −$2.98 |
| NOI | $6.3k | $6.96 |
900 SF · lease $10.80/SF/yr · vacancy 8.00% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Studio 412 Barbershop
Barber Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Petals & Pots — 751 Laurel St, Eunice, LA 70535
- Flower House — 450 N 2nd St, Eunice, LA 70535
FAQs
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
