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Property profile & analytics
OFF-MARKET
Retail space

2 Eric Lawrence Dr Destrehan, LA 70047-3809

2,040 SF 0.25 ac lot Built 1983
Individually Owned Free & Clear
Property ID
US36-2380036
Property summary
AI-generated overview

This exceptional turnkey business opportunity in Destrehan, Louisiana, presents a rare chance to acquire an established and profitable oil change and mechanic shop. Located at 2 Eric Lawrence Drive, the property boasts a substantial 2,362 square feet of space situated on a 2-acre lot. The main building comprises a 1,479 square foot warehouse featuring two service stalls capable of accommodating up to four vehicles simultaneously. Beneath the warehouse lies an 800 square foot pit, enhancing operational efficiency. Adding to the versatility, approximately 900 square feet of two-story mixed-use office space is included. The upper level is currently configured as a small apartment, offering additional income potential or convenient owner's quarters. All existing equipment is included in the sale, a significant advantage for a new owner. This comprehensive inventory encompasses an industrial air compressor, a new tire machine, a new balancing machine, a complete stock of oil and filters, a full set of tools, and all necessary office furnishings. The property is being sold "as is" with no repairs to be undertaken by the seller. Serious inquiries only

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Total area 2,040 SF
Lot 0.25 ac (10,890 SF)
APN -3- 522 F-2 A3-A2
UPID US36-2380036
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ormond Destrehan Real Estate Agency
  • Destrehan Karate Club Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PETER RSR BARRACO
PETER RSR BARRACO
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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