Gas Station with Auto Repair
For Sale
$350,000
6716 West Main Street, Houma, LA 70360
The operating property combines fuel sales with mechanical service and vehicle detailing.
Property Size1,326 SF
Price / SF$263.95
Days on Market56
Property Features for 6716 West Main Street
General Information
Standard status
Active
Size
1,326 SF
Additional Details
Business Included
Yes
Automotive Uses
fuel station, auto repair, detailing
Currently Operating
Yes
Listing Agency:
KELLER WILLIAMS REALTY BAYOU P
(985) 262-4400
Listed By:
James Ricker · License #995718193
(985) 870-3322
Source:
Exprealty
Added: Sep 4
Changed: Oct 28
Last Checked: Oct 28 at 3:22PM
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 KELLER WILLIAMS REALTY BAYOU P
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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 operating gas station property includes an auto repair shop and an auto-detailing operation. Four underground storage tanks provide a stated fuel volume of 22K. Some fuel dispensers require repair. The business has an established customer and vendor base and has been operating for an extended period.
Key Highlights
- Four underground storage tanks with 22K fuel volume
- Includes gas station, auto repair shop, and vehicle‑detailing operation
- Operating business with an established customer and vendor base
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,515
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,300
$410.3K
Cap Rate 7%
$293,071
$293.1K
Cap Rate 9%
$227,944
$227.9K
Market Conditions
NOI Build-Up for 1,326 SF
Gross rent
$28.6K $21.60/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$27.4K $20.63/SF
− OpEx
−$6.8K −$5.16/SF
NOI
$20.5K $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%
$410,300
Cap Rate 7%
$293,071
Cap Rate 9%
$227,944
Alternative Uses
Best Use
Specialty Retail
$293.1K
$256.4K – $341.9K
NOI $20,515 @ 7.0% cap · market cap 5.86%
Second Best
Retail
$182.4K
$159.6K – $212.8K
NOI $12,765 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$365.5K
$319.8K – $426.4K
NOI $25,586 @ 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
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 70360, LA
28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
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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?
Gas station - The operating property combines fuel sales with mechanical service and vehicle detailing.
Where is this gas station located?
The property is located at 6716 West Main Street Houma, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four underground storage tanks with 22K fuel volume; Includes gas station, auto repair shop, and vehicle‑detailing operation; Operating business with an established customer and vendor base
