Highway Office
For Sale
$750,000
7720 Us Highway 167, Abbeville, LA 70510
Commercial Sale, Abbeville, LA
Property Size4,018 SF
Lot Size1.63 Acres
Price / SF$186.66
Days on Market190
Property Features for 7720 Us Highway 167
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
unzoned
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Off Street, Parking Lot
Lot features
Level
Directions
From Lafayette, head South approximately 14 miles towards Abbeville. Location will be on your right.
Subdivision
V2
Standard status
Active
APN
R4284500
Size
4,018 SF
Lot size
1.63 Acres
Taxes and HOA fees
Tax Description
1.627 AC IN E/2 OF SEC 35 T 11 R 3 E BEING POR OF LOT 6B 2022004013 IMP
Legal Description
1.627 AC IN E/2 OF SEC 35 T 11 R 3 E BEING POR OF LOT 6B 2022004013 IMP
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Nikki Nugier · License #995704858
(337) 351-4060
Added: Apr 1
Changed: Sep 13
Last Checked: Oct 7 at 4:06AM
MLS# 2600002706
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office property includes 4,018 square feet of commercial space arranged across 14 offices, with three bathrooms and concrete flooring. Central heating and central air conditioning support the interior, while a metal roof and public water service are among the recorded improvements. Off-street parking and a dedicated parking lot serve the building.
The property occupies 1.63 acres along US Highway 167 in Abbeville, Louisiana. The site includes additional acreage for future expansion and is identified as unzoned. Its office configuration and highway setting provide a defined commercial layout for continued office use.
The property occupies 1.63 acres along US Highway 167 in Abbeville, Louisiana. The site includes additional acreage for future expansion and is identified as unzoned. Its office configuration and highway setting provide a defined commercial layout for continued office use.
Key Highlights
- 4,018‑square‑foot office property with 14 offices
- 1.63‑acre site along US Highway 167
- Three bathrooms and concrete flooring
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
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 - Multi-office commercial building with on-site parking, central HVAC, and public water service.
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: 4,018‑square‑foot office property with 14 offices; 1.63‑acre site along US Highway 167; Three bathrooms and concrete flooring
