Snowball
For Sale
$85,000
Pending
4266 W Park Avenue, Gray, LA 70359
Commercial Sale, Gray, LA
Property Size492 SF
Lot Size0.02 Acres
Days on Market52
Property Features for 4266 W Park Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
APN
4399
Size
492 SF
Lot size
0.02 Acres
Additional Details
Business Included
Yes
Taxes and HOA fees
Tax Description
ON THE LEFT DESCENDING BANK OF BAYOU TERREBONNE. BATTURE LOT 457.28 FEET FRONT ON HIGHWAY 659 AS SHOWN ON"MAP OF SURVEY SHOWING CERTAIN TRACTS OF LAND LOCATED IN SECTION 6" Parcel7890 ON THE LEFT DESCENDING BANK OF BAYOU TERREBONNE. TRACT 7 ON "PLAT OF TR
Legal Description
ON THE LEFT DESCENDING BANK OF BAYOU TERREBONNE. BATTURE LOT 457.28 FEET FRONT ON HIGHWAY 659 AS SHOWN ON"MAP OF SURVEY SHOWING CERTAIN TRACTS OF LAND LOCATED IN SECTION 6" Parcel7890 ON THE LEFT DESCENDING BANK OF BAYOU TERREBONNE. TRACT 7 ON "PLAT OF TR
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
2004
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
Listed By:
Melanie Rogers Bruce · License #0099563122
(985) 262-4400
Added: Sep 12
Changed: Nov 1
Last Checked: Nov 2 at 11:06PM
MLS# 2026016840
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Gray property is a 492-square-foot snowball stand on a 0.0157-acre parcel. Built in 2004, the structure has metal siding and a metal roof, with window-unit cooling.
Public water and public sewer serve the property. The address is 4266 W Park Avenue in Gray, Terrebonne Parish.
Public water and public sewer serve the property. The address is 4266 W Park Avenue in Gray, Terrebonne Parish.
Key Highlights
- 492‑square‑foot restaurant property on a 0.0157‑acre parcel
- Built in 2004
- Public water and public sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,612
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,240
$152.2K
Cap Rate 7%
$108,743
$108.7K
Cap Rate 9%
$84,578
$84.6K
Market Conditions
NOI Build-Up for 492 SF
Gross rent
$10.6K $21.60/SF
− Vacancy
−$478 −$0.97/SF
EGI
$10.1K $20.63/SF
− OpEx
−$2.5K −$5.16/SF
NOI
$7.6K $15.47/SF
Area
Terrebonne County, LA
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,240
Cap Rate 7%
$108,743
Cap Rate 9%
$84,578
Alternative Uses
Best Use
Specialty Retail
$108.7K
$95.2K – $126.9K
NOI $7,612 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$135.6K
$118.7K – $158.2K
NOI $9,494 @ 7.0% cap · market cap 11.17%
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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
McDonald's
Dining
23,376 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
9,671 visits/mo
0.4 miles
Dollar General
Shops & Services
6,855 visits/mo
0.2 miles
Shell
Shops & Services
5,667 visits/mo
0.4 miles
Demographics for 70359, LA
9,591
Population
3,768
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
82%
High-School Grad
14.4 sq mi
ZIP Area
666
Density / Sq Mi
$54,139
Median Household Income
$33,058
Median Earnings
$1,119
Median Rent
$161,300
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?
Conventional restaurant - A compact food-service property with public water and sewer connections.
Where is this conventional restaurant located?
The property is located at 4266 W Park Avenue Gray, LA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 492‑square‑foot restaurant property on a 0.0157‑acre parcel; Built in 2004; Public water and public sewer
