11052 La-1078 Folsom, LA 70437
This exceptional opportunity presents a well-established convenience store and gas station in Folsom, Louisiana. Located on a 1.85-acre lot in a C-2 zoned area, this single-story, 1,200 sq ft building boasts a rich history, having served the community since 1923 (current building constructed in 1984, renovated in 2018). The property includes two gas pumps dispensing non-ethanol gas and diesel, a fully equipped kitchen serving breakfast and lunch, and a retail space offering groceries, snacks, and beverages. Licenses for tobacco, wine, and beer sales are in place. The sale includes land, building, inventory, equipment, and fixtures. The property features updated plumbing and electrical systems, a recently updated septic system, and a drinking water well, all approved by the relevant authorities. Situated in an X flood zone, this business benefits from its location in a rapidly growing area of St. Tammany Parish, south of downtown Folsom. The asking price is $725,000 ($604.17/sq ft). This turnkey operation presents a rare opportunity to acquire a thriving business in a desirable location. The property has even been featured in movies, commercials, and photoshoots.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.