Retail Building with Connected
For Sale
$675,000
726 Veterans Memorial Drive, Abbeville, LA 70510
Commercial Sale, Abbeville, LA
Property Size3,840 SF
Lot Size0.65 Acres
Price / SF$175.78
Days on Market419
Property Features for 726 Veterans Memorial Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Unzoned
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Directions
Veterans Memorial Dr. Next to Motel
Subdivision
V1
Standard status
Active
APN
36668
Size
3,840 SF
Lot size
0.65 Acres
Additional Details
Currently Operating
Yes
Property Use
Golf Cart Dealership
Taxes and HOA fees
Tax Description
LOTS 1, 2 and 3 LASTIE BROUSSARD EXT 2016009951; and .125 acres PARCEL RA192900
Tax Annual Amount
1075
Legal Description
LOTS 1, 2 and 3 LASTIE BROUSSARD EXT 2016009951; and .125 acres PARCEL RA192900
Utilities
Sewer type
Private Sewer
Heating system
Electric (Heating), Central
Cooling system
Wall Unit(s), Central Air
Water source
Public
Building Details
Building materials
Frame
Roof type
Metal, Composition
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Mark Van Eaton · License #4771
(337) 654-5700
Added: Sep 2, 2025
Changed: Oct 23
Last Checked: Oct 25 at 9:06AM
MLS# 2500002974
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.
This 3,840-square-foot retail property sits on 0.65 acres in Abbeville. Its layout includes a retail area and two connected warehouse spaces, with three bathrooms. Frame construction and a roof listed as both metal and composition complete the building description.
The property is at 726 Veterans Memorial Drive in Abbeville, Louisiana. It is unzoned and served by public water and a private sewer. Heating includes electric and central systems; cooling includes wall units and central air.
The property is at 726 Veterans Memorial Drive in Abbeville, Louisiana. It is unzoned and served by public water and a private sewer. Heating includes electric and central systems; cooling includes wall units and central air.
Key Highlights
- 3,840‑square‑foot retail property on 0.65 acres
- Retail area with two connected warehouse spaces
- Three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,570
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,400
$931.4K
Cap Rate 7%
$665,286
$665.3K
Cap Rate 9%
$517,444
$517.4K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$72.3K $18.84/SF
− Vacancy
−$5.8K −$1.51/SF
EGI
$66.5K $17.33/SF
− OpEx
−$20.0K −$5.20/SF
NOI
$46.6K $12.13/SF
Area
Vermilion County, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,400
Cap Rate 7%
$665,286
Cap Rate 9%
$517,444
Alternative Uses
Best Use
Retail
$665.3K
$582.1K – $776.2K
NOI $46,570 @ 7.0% cap · market cap 6.90%
Second Best
Warehouse
$314.3K
$275.0K – $366.7K
NOI $22,000 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$907.9K
$794.4K – $1.06M
NOI $63,554 @ 7.0% cap · market cap 9.42%
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
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 70510, LA
24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Retail space - A flexible commercial layout combines customer-facing space with two adjoining areas for storage and warehouse use.
Where is this retail space located?
The property is located at 726 Veterans Memorial Drive Abbeville, LA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 3,840‑square‑foot retail property on 0.65 acres; Retail area with two connected warehouse spaces; Three bathrooms
