Office Building with
For Sale
$1,349,900
1037 Sam Houston Jones, Lake Charles, LA 70611
Brick office property with divisible suites, a four-bay garage, and substantial paved parking.
Property Size9,730 SF
Lot Size1.84 Acres
Price / SF$138.75
Days on Market87
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Property Features for 1037 Sam Houston Jones
General Information
Standard status
Active
Size
9,730 SF
Total Parking Spaces
42
Lot size
1.84 Acres
Amenities
kitchen
breakroom
handicap accessible bathrooms
T-1 line
Building Details
Buildings
1
Building Size
9,730 SF
Construction
brick
Listing Agency:
Myrtis Mueller Realty
Listed By:
Jeff Pitre · License #16818
(337) 540-3334
Source:
Athomerealtyla
Added: Jul 21
Changed: Oct 11
Last Checked: Oct 7 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myrtis Mueller Realty
Investment Insights
Based on property information with market context.
This brick office building offers 8,710 square feet of office space within 9,730 square feet under roof, excluding the overhang. The interior includes a kitchen, breakroom, four handicap-accessible bathrooms, and a T-1 line. Office areas are configured for separate leasing, providing a divided layout for multiple occupants. A four-bay garage is attached, with electric overhead doors serving each bay.
The property occupies 1.84 acres m/l at the southwest corner of Sam Houston Jones Parkway and Reeves Rd. Site improvements include a concrete parking lot with 42 parking spaces. The combination of office space, garage capacity, divisible configuration, and dedicated parking supports a range of commercial office and service-oriented operations.
The property occupies 1.84 acres m/l at the southwest corner of Sam Houston Jones Parkway and Reeves Rd. Site improvements include a concrete parking lot with 42 parking spaces. The combination of office space, garage capacity, divisible configuration, and dedicated parking supports a range of commercial office and service-oriented operations.
Key Highlights
- 8,710 sq.ft of office space within 9,730 square feet under roof
- 1.84 acres m/l at the SW Corner of Sam Houston Jones Parkway and Reeves Rd.
- Four‑bay garage with 4 electric garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,372
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,707,440
$1.7M
Cap Rate 7%
$1,219,600
$1.2M
Cap Rate 9%
$948,578
$948.6K
Market Conditions
NOI Build-Up for 9,729 SF
Gross rent
$145.9K $15.00/SF
− Vacancy
−$32.1K −$3.30/SF
EGI
$113.8K $11.70/SF
− OpEx
−$28.5K −$2.93/SF
NOI
$85.4K $8.78/SF
Area
Calcasieu County, LA
Vacancy
22.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,707,440
Cap Rate 7%
$1,219,600
Cap Rate 9%
$948,578
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.42M
NOI $85,372 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.10M
$1.83M – $2.45M
NOI $146,796 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 70611, LA
22,457
Population
8,971
Households
2.5
Avg Household Size
37
Median Age
30%
College-Educated
91%
High-School Grad
81.7 sq mi
ZIP Area
275
Density / Sq Mi
$101,146
Median Household Income
$56,450
Median Earnings
$1,241
Median Rent
$249,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Brick office property with divisible suites, a four-bay garage, and substantial paved parking.
Where is this office building located?
The property is located at 1037 Sam Houston Jones Lake Charles, LA.
What is the asking price?
The asking price for this property is $1,349,900.
What are key features of this property?
This property features: 8,710 sq.ft of office space within 9,730 square feet under roof; 1.84 acres m/l at the SW Corner of Sam Houston Jones Parkway and Reeves Rd.; Four‑bay garage with 4 electric garage doors
