Highway Frontage Commercial
For Sale
$750,000
7720 Us Highway 167, Abbeville, LA 70510
Commercial property on 1.63 acres with 14 offices.
Property Size4,018 SF
Lot Size1.63 Acres
Price / SF$186.66
Days on Market142
Property Features for 7720 Us Highway 167
General Information
Standard status
Active
Size
4,018 SF
Lot size
1.63 Acres
Listing Agency:
The Gleason Group
Listed By:
Nikki Nugier · License #995704858
(337) 262-7873
Source:
Athomerealtyla
Added: May 25
Changed: Oct 6
Last Checked: Oct 7 at 3:44PM
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 The Gleason Group
Investment Insights
Based on property information with market context.
This commercial property is situated on 1.63 acres along Highway 167. The property features 14 offices and ample parking. The site also includes additional acreage for future expansion. The building size is 4,018 square feet.
Key Highlights
- Highly visible commercial property on Highway 167.
- Situated on 1.63 acres of land.
- Multi‑purpose property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,757
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,140
$935.1K
Cap Rate 7%
$667,957
$668.0K
Cap Rate 9%
$519,522
$519.5K
Market Conditions
NOI Build-Up for 4,018 SF
Gross rent
$72.3K $18.00/SF
− Vacancy
−$10.0K −$2.48/SF
EGI
$62.3K $15.52/SF
− OpEx
−$15.6K −$3.88/SF
NOI
$46.8K $11.64/SF
Area
Vermilion County, LA
Vacancy
13.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$935,140
Cap Rate 7%
$667,957
Cap Rate 9%
$519,522
Alternative Uses
Best Use
Office B
$668.0K
$584.5K – $779.3K
NOI $46,757 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$950.0K
$831.3K – $1.11M
NOI $66,500 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
25
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Commercial property on 1.63 acres with 14 offices.
Where is this office building located?
The property is located at 7720 Us Highway 167 Abbeville, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Highly visible commercial property on Highway 167.; Situated on 1.63 acres of land.; Multi‑purpose property.
