Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3932 Houston River Westlake, LA 70669

    View on Map
    Claim this Listing
    For Sale
    $500,000

    Land - Westlake, LA

    Lot size:
    3.30 Acres
    Added:
    Feb 15, 2025
    Days on Market:
    438
    Last Refresh:
    Apr 29 at 11:06 am

    Property Features for 3932 Houston River

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Light Industrial
    Exterior features
    Irregular Lot
    Standard status
    Active
    APN
    00145548
    Lot size
    3.30 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Karen Northcutt
    Karen Northcutt

    Listing agent Karen Northcutt License #0995680091

    Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA

    Listing date Feb 15, 2025

    MLS# 25000935 Listing URL

    Copyright © 2026 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Westlake Land Near Sasol

    This 3.3-acre vacant land in Westlake, Louisiana, is zoned for light industrial use, presenting a versatile opportunity for various industrial and commercial applications. Situated on the north side of Houston River Road, in proximity to Sasol, the property features a combination of cleared land and natural trees, offering flexibility for development. The property is suitable for a lay-down yard, industrial or commercial use, storage, or extra parking. The property is also available for land lease. The property is located in flood zone X. All measurements are approximate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.3076
    Latitude
    30.278395

    Nearby Similar for Sale

    • $20,000

      Westlake Land with Business Potential

      Prime land with high visibility and commercial potential.
      1620 Houston River, Westlake, LA 70669
      View Details
    • $174,900

      Riverfront Land in Westlake, Louisiana

      Cleared lot with water views, ready for construction.
      3939 River Moss, Westlake, LA 70669
      View Details
    • $2,325,000

      Westlake Industrial Training Facility

      Multi-use industrial facilities with expansion potential in Westlake, Louisiana.
      222 Walcot, Westlake, LA 70669
      View Details
    • $72,500

      Westlake Wooded Residential Corner Lot

      1.21-acre wooded corner lot in Westlake, Louisiana.
      2001 Green Forest, Westlake, LA 70669
      View Details
    • Contact for pricing
      17,267 SF

      Westlake Retail/Commercial Building For Sale

      17,267± SF building on 2.35± acres, formerly Miller’s Superstore.
      1514 Sampson St, Westlake, LA 70669
      View Details
    • $20,000

      Cleared Lot in Westlake, LA

      Cleared lot ready for a new home in a quiet neighborhood.
      2203 Alford, Westlake, LA 70669
      View Details
    • $25,000

      Westlake Land Ready For Development

      Prime lot in Westlake, LA, ideal for business or multifamily.
      812 Miller, Westlake, LA 70669
      View Details
    • $20,000

      Westlake Land with Development Potential

      Land on Houston River Rd, ideal for commercial development.
      1620 East Houston River Road, Westlake, LA 70669
      View Details
    • $1,500,000

      Wooded Acres in High Traffic

      5+ acres, re-zoned for light commercial use.
      3924 Old Spanish Trl, Westlake, LA 70669
      View Details
    • $180,000

      Westlake Land Development Opportunity

      1.18-acre lot approved for duplex construction in Westlake, LA.
      0 John Stine, Westlake, LA 70669
      View Details
    • $25,000

      Westlake Land in Westwood Subdivision

      0.22-acre cleared lot in Westwood Subdivision, Westlake, Louisiana.
      0 Bee Tree, Westlake, LA 70669
      View Details
    • $52,000

      Westlake Land Near Golf Course

      Cleared lot in premier golf community with stunning views.
      1769 Pelican, Westlake, LA 70669
      View Details

    FAQs

    What type of property is this?
    Land - Versatile light industrial land suitable for various commercial uses.
    Where is this land located?
    The property is located at 3932 Houston River Westlake, LA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Light industrial zoning allows for a range of industrial and commercial uses.; Located near Sasol on Houston River Road.; Cleared land and natural trees offer development flexibility.
    (337) 499-9811
    We can help!
    Listing Contact
    Karen Northcutt
    Karen Northcutt
    Real Estate License ID: 0995680091
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!