3-Bay Auto
For Sale
$110,000
823 W Vine Street, Opelousas, LA 70570
Commercial Sale, Opelousas, LA
Property Size2,487 SF
Lot Size0.23 Acres
Price / SF$44.23
Days on Market957
Property Features for 823 W Vine Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Lot features
Level
Directions
Drive E Landry St / U.S. Hwy 190 W. Turn left on Wartell Ave. Turn left on Vine St. Property on right across from Targil
Subdivision
L2
Standard status
Active
APN
0100735500
Size
2,487 SF
Lot size
0.23 Acres
Additional Details
Real Estate Included
Yes
Taxes and HOA fees
Tax Description
1 LOT 2 ( 67 X 150) BLK E PAVY ADD N VINE ST S PAVY RICHARD E CANAL W LOT 4 MARTIN FRONTING 67 ' ON WEST VINE ST 124852
Tax Annual Amount
166
Legal Description
1 LOT 2 ( 67 X 150) BLK E PAVY ADD N VINE ST S PAVY RICHARD E CANAL W LOT 4 MARTIN FRONTING 67 ' ON WEST VINE ST 124852
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
3 high roll doors
office
bathroom
2 storage areas
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Metal
Listing Agency:
Real Broker, LLC
(337) 418-9700
Listed By:
Holly Cange · License #0912123549
(337) 692-9551
Added: Mar 17, 2024
Changed: Oct 28
Last Checked: Oct 29 at 6:06AM
MLS# 24002548
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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Investment Insights
Based on property information with market context.
This auto shop includes 1,632 square feet of shop area with three bays and three high roll doors. A separate 835-square-foot section contains an office, bathroom, and two storage areas. The building has block construction, concrete flooring, a metal roof, natural gas heating, and ceiling fan cooling.
The 0.23-acre property is zoned COMM and has a front parking lot with additional space at the rear. Public water and sewer serve the property. It previously operated as an auto repair and maintenance business.
The 0.23-acre property is zoned COMM and has a front parking lot with additional space at the rear. Public water and sewer serve the property. It previously operated as an auto repair and maintenance business.
Key Highlights
- 1,632 square feet of shop area with 3 bays and 3 high roll doors
- Separate 835‑square‑foot area with an office, bathroom, and 2 storage areas
- 0.23‑acre property zoned COMM
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,940
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,800
$198.8K
Cap Rate 7%
$142,000
$142.0K
Cap Rate 9%
$110,444
$110.4K
Market Conditions
NOI Build-Up for 2,487 SF
Gross rent
$15.5K $6.24/SF
− Vacancy
−$1.3K −$0.53/SF
EGI
$14.2K $5.71/SF
− OpEx
−$4.3K −$1.71/SF
NOI
$9.9K $4.00/SF
Area
St. Landry County, LA
Vacancy
8.50%
Lease Rate
$6.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,800
Cap Rate 7%
$142,000
Cap Rate 9%
$110,444
Alternative Uses
Best Use
Retail
$247.1K
$216.2K – $288.3K
NOI $17,298 @ 7.0% cap · market cap 15.73%
Second Best
Industrial
$142.0K
$124.3K – $165.7K
NOI $9,940 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$375.2K
$328.3K – $437.7K
NOI $26,263 @ 7.0% cap · market cap 23.88%
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
3
Service bays
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- AL's Tires & More — 817 S Union St, Opelousas, LA 70570
- Body Shop Ltd — 331 E Jefferson St, Opelousas, LA 70570
- Leger's Wheel Alignment Services — 801 S Railroad Ave, Opelousas, LA 70570
- Flimsily Towings Inc — 727 S Walnut St, Opelousas, LA 70570
- Ink and Air Custom Shop — 704 1/2, 704 S Bullard St, Opelousas, LA 70570
Frequently Asked Questions
What type of property is this?
Auto shop - Shop space is paired with a separate office, bathroom, and storage areas.
Where is this auto shop located?
The property is located at 823 W Vine Street Opelousas, LA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 1,632 square feet of shop area with 3 bays and 3 high roll doors; Separate 835‑square‑foot area with an office, bathroom, and 2 storage areas; 0.23‑acre property zoned COMM
