Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2310 Cecilia Sr High School Hwy Cecilia, LA 70517

    Sponsored
    For Sale
    $1,125,000
    Property size:
    9,026 SF
    Added:
    Dec 11, 2024
    Days on Market:
    410

    Property Features for 2310 Cecilia Sr High School Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,026 SF
    Lot Size
    50,094 SF

    Building Details

    Year Built
    2011

    We can help!

    Listing Contact
    Jeremy Hix
    Jeremy Hix

    Learn more

    Property Insight Report

    HighLights

    • Freestanding Dollar General store totaling 9,014 square feet on 1.15 acres.
    • Located on Highway 347 in Breaux Bridge (Cecilia), LA, near Lafayette.
    • Built in 2011, with a NNN lease commencing April 2011.
    • Lease includes 10% rent increases every five years for four option periods.
    • Benefits from central Cecilia location, proximity to Cecilia High School, and limited local competition.
    Property Profile Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service FedEx OnSite Mailing Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cecilia
    County
    St. Martin Parish
    State
    Louisiana
    Longitude
    -91.850417314827
    Latitude
    30.33487791866

    Nearby Comparable

    • $455,000
      11.00 Acres

      Arnaudville Land with Approved Lots

      35 mobile home approved lots for sale in St. Martin Parish.
      N Patterson Dr, Arnaudville, LA 70512
      View Details
    • $325,000
      9.00 Acres

      Industrial Land Near I-49

      9-Acre Industrial Lot, Excellent Access
      1135 Bordelon Rd, Breaux Bridge, LA 70517
      View Details
    • $250,000
      3,900 SF

      Waterfront Multi-Unit Investment Opportunity

      Rare waterfront multi-unit property on Bayou Teche, Breaux Bridge, LA
      2623 Main Hwy, Breaux Bridge, LA 70517
      View Details
    • $220,950
      2.95 Acres

      Commercial Land Near Margaritaville Resort

      2.95-acre commercial land parcel with high visibility and frontage.
      N Barn Rd, Breaux Bridge, LA 70517
      View Details
    • $711,950
      12.76 Acres

      Prime Commercial Land Opportunity

      Sprawling commercial tract in a highly visible location.
      N Barn Rd, Breaux Bridge, LA 70517
      View Details
    • $491,000
      9.82 Acres

      Commercial Land Near Margaritaville Resort

      9.82 acres of commercial land across from Margaritaville RV Resort.
      N Barn Rd, Breaux Bridge, LA 70517
      View Details
    • $1,030,000
      20.61 Acres

      20.61 Acres in Breaux Bridge

      20.61 acres of commercial land near popular attractions.
      1135 N Barn Rd, Breaux Bridge, LA 70517
      View Details
    • $1,800,000
      5,340 SF

      Historic Creole Colonial Estate B&B

      Historic estate operating as a successful bed & breakfast and event venue.
      1862 Bushville Hwy, Arnaudville, LA 70512
      View Details
    • $349,900
      10,500 SF

      Versatile Commercial Property on 3.77 Acres

      10,500 sqft commercial property on 3.77 acres near interstate.
      1217a Henderson Hwy, Breaux Bridge, LA 70517
      View Details

    FAQs

    Where is this individual retail property located?
    The property is located at 2310 Cecilia Sr High School Hwy Cecilia, LA.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: Freestanding Dollar General store totaling 9,014 square feet on 1.15 acres.; Located on Highway 347 in Breaux Bridge (Cecilia), LA, near Lafayette.; Built in 2011, with a NNN lease commencing April 2011.
    Request Owner's contact information
    2310 Cecilia Sr High School Hwy Cecilia, LA 70517
    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.
    2310 Cecilia Sr High School Hwy
    Cecilia, LA 70517
    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
    2310 Cecilia Sr High School Hwy Cecilia, LA 70517
    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

    We can help!
    Listing Contact
    Jeremy Hix
    Jeremy Hix
    Real Estate License ID: LA 995698067
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.