Financial
Distress signals
Property profile

2 Eric Lawrence Dr Destrehan, LA 70047

FOR SALE
Retail space
Property ID
US36-2380036
2,040 SF 0.25 ac lot Built 1983
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$14k
Assessed land$8k
Assessed improvement$6k
Effective rate11.13%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$1k
Operating expenses−$16k
NOI · 5.53% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$58 – $121

Cap rate analysis

How does the asset earn?
5.53%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST CHARLES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.2
Dental Office13.2
Hair Salon12.0

Location

2 Eric Lawrence Dr Destrehan, LA 70047
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1974 Ormond, Destrehan, LA 70047-3819 $250,000 Dec 2023 1,919 SF
14584 Riv, Destrehan, LA 70047-4204 $145,000 Jun 2023 1,553 SF
14118 Riv, Destrehan, LA 70047 $300,000 Mar 2023 1,285 SF
152 Longview, Destrehan, LA 70047-5074 $240,000 Jan 2022 3,102 SF
1 Eric Lawrence, Destrehan, LA 70047-3809 $50,000 Oct 2021 1,184 SF
13592 Riv, Destrehan, LA 70047-5073 $600,000 Jan 2021 7,196 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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