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    1530 Veterans Memorial Dr Abbeville, LA 70510

    Sponsored
    For Lease
    $10 SF/Yr ($7,770 /Mo)

    Freestanding Retail Building, High Visibility

    Lot size:
    9,324 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,324 square foot freestanding retail building, constructed in 2007, presents a unique investment opportunity in Abbeville, Louisiana. Situated on a 0.71-acre lot, the property boasts 8,800 square feet of vacant space, ideal for a variety of retail uses. The single-story building enjoys prominent Veterans Memorial Drive frontage, ensuring high visibility and accessibility for potential customers. Its strategic location offers excellent synergy with other national retailers in the area, guaranteeing a strong customer base. The property's ample parking provides convenient access for shoppers. The previous tenant was a Family Dollar, demonstrating the suitability of the space for a similar retail operation. However, the versatile layout and significant square footage make it adaptable to a range of businesses, including, but not limited to, auto parts stores, furniture retailers, or any single-tenant user requiring high visibility and ample parking. This property is located in Vermilion Parish and offers a compelling opportunity for businesses seeking a well-positioned, high-traffic location. The building's single-tenant occupancy ensures ease of management and control. This is a rare opportunity to acquire a well-maintained, freestanding retail building in a thriving commercial area.

    Property Features for 1530 Veterans Memorial Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,324 SF
    Total Rate
    7770

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    8,800 SF
    Rate per SF
    $10

    HighLights

    • 9,324 SF freestanding retail building on a 0.71‑acre lot in Vermilion Parish.
    • Single‑tenant occupancy with 8,800 SF currently vacant.
    • Located on Veterans Memorial Drive in Abbeville.
    • Built in 2007, one‑story building.
    • Suitable for auto parts, furniture, or other single‑tenant retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Abbeville
    County
    Vermilion Parish
    State
    Louisiana
    Longitude
    -92.1185535
    Latitude
    29.9806651

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    Nearby Similar for Lease

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      Abbeville Retail Space - Prime Location

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding Retail Building, High Visibility
    Where is this individual retail property located?
    The property is located at 1530 Veterans Memorial Dr Abbeville, LA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 9,324 SF freestanding retail building on a 0.71-acre lot in Vermilion Parish.; Single-tenant occupancy with 8,800 SF currently vacant.; Located on Veterans Memorial Drive in Abbeville.
    Request Owner's contact information
    1530 Veterans Memorial Dr Abbeville, LA 70510
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    Realmo Value Estimation

    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.

    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.

    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
    1530 Veterans Memorial Dr Abbeville, LA 70510
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