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    Versatile Flex and Warehouse Building Title is generated by Realmo AI

    726 Veterans Memorial Dr, Abbeville, LA 70510

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    For Sale
    $675,000

    Well-built facility with connected warehouse areas, suited for a range of retail and storage-based operations.

    Property size:
    3,840 SF
    Price / SF:
    $175/SF
    Added:
    Sep 2, 2025
    Days on Market:
    283
    Last Refresh:
    Jun 11 at 1:59 am

    Property Features for 726 Veterans Memorial Dr

    General Information

    Standard status
    Active
    Size
    3,840 SF

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    Listing Contact
    Mark Van Eaton

    Listing agent Mark Van Eaton License #4771

    Listing office Real Broker, LLC

    Listing date Sep 2, 2025

    Source Exprealty

    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 Real Broker, LLC

    HighLights

    • Well‑built building in the heart of Abbeville
    • Currently used as a golf cart dealership
    • 2 connected warehouse spaces for storage and warehouse needs
    • Layout could support a range of retail and storage‑based operations

    Overview

    This well-built building offers a flexible layout and is currently configured for use as a golf cart dealership. The property includes two connected warehouse spaces, providing practical storage capacity alongside showroom or retail-oriented use.

    The asset is located in the heart of Abbeville at 726 Veterans Memorial Dr. Its existing configuration supports businesses that require both front-facing sales space and back-of-house storage.

    For prospective buyers, the combination of retail-ready space and connected warehouse areas supports multiple operating models, including retail concepts that need on-site inventory storage. The building’s current dealership use also indicates it can accommodate customer-facing merchandising with dedicated areas for keeping product and equipment secured.

    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 $72.3k $18.84
    − Vacancy −$5.8k −$1.51
    EGI $66.5k $17.33
    − OpEx −$20.0k −$5.20
    NOI $46.6k $12.13
    3,840 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $665.3K
    $582.1K – $776.2K (±1% cap)
    NOI $46,570 @ 7.0% cap · market cap 6.90%
    Second Best
    Warehouse
    $314.3K
    $275.0K – $366.7K (±1% cap)
    NOI $22,000 @ 7.0% cap · market cap 3.26%
    Theoretical Best
    Office A
    $907.9K
    $794.4K – $1.06M (±1% cap)
    NOI $63,554 @ 7.0% cap · market cap 9.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Specialty Carts Golf Cart Dealer specialtyautosales.biz Car Dealership Specialty Power Sports Car Dealership

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Abbeville
    County
    Vermilion
    State
    Louisiana
    Longitude
    -92.126471
    Latitude
    29.981957

    FAQs

    What type of property is this?
    Flex space - Well-built facility with connected warehouse areas, suited for a range of retail and storage-based operations.
    Where is this flex space located?
    The property is located at 726 Veterans Memorial Dr 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: Well‑built building in the heart of Abbeville; Currently used as a golf cart dealership; 2 connected warehouse spaces for storage and warehouse needs
    More about this property
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