Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Highway Frontage Commercial Property Title is generated by Realmo AI

    7720 Us Highway 167, Abbeville, LA 70510

    View on Map
    Claim this Listing
    For Sale
    $750,000

    Commercial property on 1.63 acres with 14 offices.

    Property size:
    4,018 SF
    Lot size:
    1.63 Acres
    Price / SF:
    $186/SF
    Added:
    Apr 1, 2026
    Days on Market:
    57
    Last Refresh:
    May 25 at 11:48 pm

    Property Features for 7720 Us Highway 167

    General Information

    Standard status
    Active
    Size
    4,018 SF
    Lot size
    1.63 Acres

    We can help!

    Listing Contact
    Nikki Nugier

    Listing agent Nikki Nugier License #995704858

    Listing office The Gleason Group

    Listing date Apr 1, 2026

    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 The Gleason Group

    HighLights

    • Highly visible commercial property on Highway 167.
    • Situated on 1.63 acres of land.
    • Multi‑purpose property.
    • Features 14 offices.
    • Ample parking available.
    • Additional acreage for future expansion.

    Overview

    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.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $519.5K
    NOI $46,757 @ 9.00% cap · cautious / downside scenario
    Moderate
    $668.0K
    NOI $46,757 @ 7.00% cap · market / base-case scenario
    Aggressive
    $935.1K
    NOI $46,757 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $72.3k $18.00
    − Vacancy −$10.0k −$2.48
    EGI $62.3k $15.52
    − OpEx −$15.6k −$3.88
    NOI $46.8k $11.64
    4,018 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $668.0K
    $584.5K – $779.3K (±1% cap)
    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 (±1% cap)
    NOI $66,500 @ 7.0% cap · market cap 8.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop Food Market Grocery & Convenience Store Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Abbeville
    County
    Vermilion
    State
    Louisiana
    Longitude
    -92.123652
    Latitude
    30.038328

    Nearby Similar for Sale

    • $295,000
      3,180 SF

      Charming Acadian Commercial Property

      Updated commercial property in downtown Abbeville, move-in ready this summer.
      200 S Main Street, Abbeville, LA 70510
      View Details
    • $750,000
      4,018 SF

      Highway 167 Commercial Property

      Multi-purpose commercial property on 1.63 acres with 14 offices.
      7720 Us Highway 167, Abbeville, LA 70510
      View Details
    • $339,999
      3,152 SF

      Versatile Colonial Property in Abbeville

      Two-story commercial property with endless possibilities in historic Abbeville.
      509 E Saint Victor Street, Abbeville, LA 70510
      View Details
    • $450,000
      7,500 SF

      Turn-Key Auto Repair Business

      Profitable auto repair business with high visibility location for sale.
      8431 U.S. 167, Abbeville, LA 70510
      View Details
    • $675,000
      3,840 SF

      Abbeville Commercial Building For Sale

      Versatile commercial building with warehouse space in Abbeville, Louisiana.
      726 Veterans Memorial Drive, Abbeville, LA 70510
      View Details
    • $265,000
      1,041 SF

      Abbeville Investment Property Package

      Three homes for sale as an investment package with cash flow.
      210 5th Street, Abbeville, LA 70510
      View Details
    • $144,000
      1,904 SF

      Abbeville Duplex: Income-Producing Investment

      Turnkey duplex in high-demand area, generating $1,500 monthly income.
      807 & 809 E Vermilion Street, Abbeville, LA 70510
      View Details
    • $230,000
      2,900 SF

      Abbeville Multifamily Property For Sale

      Multifamily property in Abbeville, Louisiana, totaling 2,900 square feet.
      209 N Saint Charles Street, Abbeville, LA 70510
      View Details
    • $4,340,000
      34,125 SF

      Retail Property on Veterans Memorial

      Retail property available for sale on Veterans Memorial Drive.
      3013 Veterans Memorial Dr, Abbeville, LA
      View Details
    • $2,019,024

      New Starbucks Drive-Thru Investment

      New Starbucks in vibrant area with long-term corporate lease.
      2207 Veterans Memorial Dr, Abbeville, LA 70510
      View Details
    • $1,500,000
      22,420 SF

      Value-Add Storage Facility with Apartment

      Self-storage facility with warehouse conversion and apartment in Abbeville.
      2209 Richard Street, Abbeville, LA 70510
      View Details
    • $84,550
      1,295 SF

      Commercial Building in High-Traffic Area

      Concrete building suitable for retail or office in Abbeville, LA.
      1004 Coulee Kinney Drive, Abbeville, LA 70510
      View Details

    FAQs

    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.
    (337) 351-4060
    We can help!
    Listing Contact
    Nikki Nugier
    Real Estate License ID: 995704858
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7720 Us Highway 167, Abbeville, LA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!