Salon Building with Dedicated
For Sale
$150,000
420 W Walnut, Eunice, LA 70535
Commercial Sale, Eunice, LA
Property Size1,039 SF
Lot Size0.16 Acres
Price / SF$144.37
Days on Market126
Property Features for 420 W Walnut
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
8
Parking features
Parking Lot
Lot features
Level
Directions
From Hwy 190, turn onto S 4th Street. Take first right onto W Walnut. Building past UMB Bank.
Subdivision
L3
Standard status
Active
APN
0601554000
Size
1,039 SF
Lot size
0.16 Acres
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Tax Description
East half of Lot 1 & 2 of Block 15 (71' x 100')
Legal Description
East half of Lot 1 & 2 of Block 15 (71' x 100')
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Building materials
Brick, Frame
Roof type
Composition
Listing Agency:
DCG/Aguillard Realty
(337) 457-9385
Listed By:
Raymond Aguillard · License #59516
(337) 580-3705
Added: Jun 26
Changed: Oct 28
Last Checked: Oct 29 at 6:06AM
MLS# 2600005849
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,039-square-foot salon property is arranged with an open area for stations, an office, a kitchen and breakroom, and a bathroom. The building has brick and frame construction, central heating and air conditioning, and a composition roof. The business currently operating on site is not included in the sale.
Set on a 0.16-acre lot, the property has customer parking at the front and employee parking at the rear. It is zoned Commercial and has public water and sewer service, with natural gas available.
Set on a 0.16-acre lot, the property has customer parking at the front and employee parking at the rear. It is zoned Commercial and has public water and sewer service, with natural gas available.
Key Highlights
- 1,039‑square‑foot salon building with an open station area, office, kitchen and breakroom, and bathroom
- 0.16‑acre lot
- Customer parking in front; employee parking at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,226
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$144,520
$144.5K
Cap Rate 7%
$103,229
$103.2K
Cap Rate 9%
$80,289
$80.3K
Market Conditions
NOI Build-Up for 1,039 SF
Gross rent
$11.2K $10.80/SF
− Vacancy
−$898 −$0.86/SF
EGI
$10.3K $9.94/SF
− OpEx
−$3.1K −$2.98/SF
NOI
$7.2K $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%
$144,520
Cap Rate 7%
$103,229
Cap Rate 9%
$80,289
Alternative Uses
Best Use
Retail
$103.2K
$90.3K – $120.4K
NOI $7,226 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$156.7K
$137.2K – $182.9K
NOI $10,972 @ 7.0% cap · market cap 7.31%
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
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Raceway
Shops & Services
12,224 visits/mo
0.3 miles
Dollar General
Shops & Services
7,798 visits/mo
0.4 miles
Exxon
Shops & Services
6,250 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,769 visits/mo
0.5 miles
Texaco
Shops & Services
2,250 visits/mo
0.5 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
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Spa & wellness property - The existing salon layout includes an open station area, private office, breakroom, and bathroom.
Where is this spa & wellness property located?
The property is located at 420 W Walnut Eunice, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,039‑square‑foot salon building with an open station area, office, kitchen and breakroom, and bathroom; 0.16‑acre lot; Customer parking in front; employee parking at the rear
