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Property profile & analytics

1840 Laurel Ave Eunice, LA 70535

  • Commercial real estate
  • 0.38 lot acres
Value Estimation
$570,000
Location Intelligence
Property ID
US36-1640403
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1840 Laurel Ave

Lot size
0.38 lot acres
Property type
Commercial real estate
APN
602184600
APU
602184600

Description

This 1,895 square foot free-standing restaurant building is situated on a 0.38-acre lot in Eunice, Louisiana. Located on Highway 190/Laurel Avenue, a major thoroughfare with a daily traffic count of 14,458 vehicles, this property offers excellent visibility and accessibility. Built in 2018, the single-story building is currently vacant and presents a unique opportunity for a new restaurant concept. Its proximity to Louisiana State University-Eunice campus, just 1.5 miles away with an enrollment of 3,623 students, provides a substantial potential customer base. The lease on the property extends until April 30th, 2039, offering long-term stability for the tenant. The property is located in St. Landry Parish, within the Lafayette submarket. This turnkey space is ready for immediate occupancy and offers significant potential for a thriving restaurant business. The entire 1,895 square feet is available, eliminating the need for build-out or renovations. The property's strategic location and ample space make it an ideal investment opportunity for entrepreneurs seeking a high-traffic location with a strong student demographic. The building features no elevators, as it is a single-story structure.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Eunice
County
Saint Landry
State
Louisiana
Longitude
-92.4348
Latitude
30.4953
CBSA code
36660
CBSA name
OPELOUSAS-EUNICE, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,374
$6,480
$44,620
$51,100
-
$64,800
$297,467
$362,267
More about this property
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