Two-Unit Retail
For Sale
$295,000
920 E Laurel Avenue, Eunice, LA 70535
Commercial Sale, Eunice, LA
Property Size3,000 SF
Lot Size0.30 Acres
Price / SF$98.33
Days on Market729
Property Features for 920 E Laurel Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Parking Lot, Off Street
Exterior features
Door Sign, Roof Sign
Lot features
Level
Directions
Building located next to Dollar General on East end of Eunice. Coming from Opelousas on Hwy 190, turn right into parking lot next to Donut Queen and across from the Amy Shopping Center.
Subdivision
L3
Standard status
Active
APN
0602089700
Size
3,000 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
1 Lot (0.305 AC) being portion of Lot C (65.88X201.54) fronting 65.88' on Laurel Ave N Amazon St S Laurel E Moosa W Moosa Blvd in SEC 30 T-6S R-1E
Legal Description
1 Lot (0.305 AC) being portion of Lot C (65.88X201.54) fronting 65.88' on Laurel Ave N Amazon St S Laurel E Moosa W Moosa Blvd in SEC 30 T-6S R-1E
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Concrete
Roof type
Metal
Listing Agency:
DCG/Aguillard Realty
(337) 457-9385
Listed By:
Raymond A Aguillard · License #59516
(337) 580-3705
Added: Oct 9, 2024
Changed: Oct 1
Last Checked: Oct 7 at 10:06AM
MLS# 24009492
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 retail property includes two adjoining suites totaling 3,000 square feet, with each unit measuring 1,500 square feet. Both spaces are currently leased, one to a nail salon and the other to a barber shop. Interior features include concrete flooring, while central air and electric central heating support year-round operations. The building has a metal roof, public water service, and signage opportunities with both door and roof sign features.
The property occupies 0.3 acres at 920 E Laurel Avenue in Eunice, Louisiana. It is positioned within a high-traffic shopping center adjacent to Dollar General and Donut Queen. On-site parking is provided through off-street spaces and a parking lot. Commercial zoning supports the property’s established retail setting.
The property occupies 0.3 acres at 920 E Laurel Avenue in Eunice, Louisiana. It is positioned within a high-traffic shopping center adjacent to Dollar General and Donut Queen. On-site parking is provided through off-street spaces and a parking lot. Commercial zoning supports the property’s established retail setting.
Key Highlights
- Two adjoining retail units totaling 3000 Square Feet
- Each suite measures 1500 sf
- Both units currently leased to a nail salon and barber shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,866
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,320
$417.3K
Cap Rate 7%
$298,086
$298.1K
Cap Rate 9%
$231,844
$231.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$32.4K $10.80/SF
− Vacancy
−$2.6K −$0.86/SF
EGI
$29.8K $9.94/SF
− OpEx
−$8.9K −$2.98/SF
NOI
$20.9K $6.96/SF
Area
St. Landry County, LA
Vacancy
8.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$417,320
Cap Rate 7%
$298,086
Cap Rate 9%
$231,844
Alternative Uses
Best Use
Retail
$298.1K
$260.8K – $347.8K
NOI $20,866 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$452.6K
$396.0K – $528.0K
NOI $31,680 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Home Improvements & Furnishings 19%
Dining 19%
Hotels & Casinos 3%
Dollar General
Shops & Services
8,971 visits/mo
0.1 miles
Smith's Hardware & Everything Rental Center
Home Improvements & Furnishings
4,739 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,649 visits/mo
0.2 miles
El Rodeo
Dining
4,647 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
815 visits/mo
0.2 miles
Demographics for 70535, LA
17,292
Population
7,749
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
80%
High-School Grad
160.6 sq mi
ZIP Area
108
Density / Sq Mi
$44,804
Median Household Income
$38,598
Median Earnings
$789
Median Rent
$161,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Two adjoining suites are leased to a nail salon and barber shop within a commercial shopping center.
Where is this retail space located?
The property is located at 920 E Laurel Avenue Eunice, LA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two adjoining retail units totaling 3000 Square Feet; Each suite measures 1500 sf; Both units currently leased to a nail salon and barber shop
