14-Office Highway
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 Market212
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 2, Bathroom 3
Parking features
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
Additional Details
Property Use
Office
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
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Nikki Nugier · License #995704858
(337) 351-4060
Added: Apr 1
Changed: Oct 28
Last Checked: Oct 29 at 4:06AM
MLS# 2600002706
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.
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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.
Set on 1.63 acres along US Highway 167, this office property contains 4,018 square feet and 14 offices. Metal siding and a metal roof form the building exterior, while concrete flooring, central heating, and central air serve the interior. Three bathrooms are included, and a parking lot provides on-site parking.
Public water and sewer serve the property, with natural gas available. The site includes additional acreage beyond the existing improvements.
Public water and sewer serve the property, with natural gas available. The site includes additional acreage beyond the existing improvements.
Key Highlights
- 14 offices within a 4,018‑square‑foot building
- 1.63‑acre property along US Highway 167
- On‑site parking lot and additional acreage
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
Who owns this building?
See the owner, sales and loan history
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
Frequently Asked Questions
What type of property is this?
Office building - A 1.63-acre site offers parking and additional land alongside an existing office building.
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: 14 offices within a 4,018‑square‑foot building; 1.63‑acre property along US Highway 167; On‑site parking lot and additional acreage
