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

    1201 North Lake Shore Dr Lake Charles, LA 70601

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $14,583 /Mo ($7 SF/Yr)

    Warehouse with conversion potential in growing downtown Lake Charles.

    Property size:
    25,000 SF
    Lot size:
    25,000 SF

    Property Features for 1201 North Lake Shore Dr

    General Information

    Standard status
    Active
    Size
    25,000 SF

    We can help!

    Listing Contact
    William Boyer
    Source: Cbre

    Listing Agent: William Boyer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Lake Charles Warehouse Opportunity

    Located at the southwest corner of Lakeshore Drive and Clarence Street in downtown Lake Charles, Louisiana, this property offers a warehouse space with the potential for conversion to office use. The building features a new roof and insulation, new metal siding panels, an updated electrical system, and a sprinkler system. Multiple ingress and egress points provide warehouse access. The property is in close proximity to the Lake Charles Event Center and offers quick access to I-10 and I-210. The surrounding area of Southwest Louisiana is experiencing rapid growth, with significant capital investments and job creation. The property's location in downtown Lake Charles and its proximity to these projects may present an opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lagunas Mexican Grill ... Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Similar Places Nearby

    Next To You Self Storage Units - Lake Charles LA, Otis Elevator Company

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.22025
    Latitude
    30.22448

    Nearby Similar for Lease

    • $3,294 /Mo

      Lake Charles Office Space Available

      Professional office space in a desirable Lake Charles business district.
      2640 Country Club Rd, Lake Charles, LA 70605
      View Details
    • $6,000 /Mo
      8,146 SF

      Downtown Lake Charles Commercial Building

      Two-story commercial building in a vibrant downtown location.
      720 Ryan St, Lake Charles, LA 70601
      View Details
    • $2,430 /Mo

      Professional Office Space For Lease

      Professional office space with high visibility in desirable business district.
      2624 Country Club Rd, Lake Charles, LA 70605
      View Details
    • $1,000 /Mo
      14,680 SF

      Office Space Near Prien Lake

      Office space for lease near the mall on Prien Lake.
      226 W Prien Lake Rd, Lake Charles, LA 70601
      View Details
    • $3,500 /Mo

      Office Space Near I-210

      2,000 SF office space with convenient highway access.
      410 E College St, Lake Charles, LA 70601
      View Details
    • $1,500 /Mo

      Versatile Commercial Space on Prien Lake

      Office plus warehouse/shop space on high-traffic corridor.
      1810 E Prien Lake Rd, Lake Charles, LA 70601
      View Details
    • $4,000 /Mo

      Office/Warehouse Space Available for Lease

      2,800 SF office/warehouse with offices, conference room, and overhead doors.
      1897 Easy St, Lake Charles, LA 70605
      View Details
    • $1,700 /Mo

      Office Space with Roll-up Door

      1,100 SF office space for lease with roll-up door.
      1830 Ryan St, Lake Charles, LA 70601
      View Details
    • $2,500 /Mo

      Commercial Space on Ryan Street

      2,000 SF commercial space suitable for office or flex use.
      2800 Deaton St, Lake Charles, LA 70601
      View Details
    • $1,000 /Mo

      Remodeled Office Space with Exposure

      440 SF office space with frontage on Ryan Street.
      3313 Ryan St, Lake Charles, LA 70601
      View Details
    • $5,500 /Mo

      Restored Office Space in Downtown

      Beautifully restored office space in the historic district.
      822 Ford St, Lake Charles, LA 70601
      View Details
    • $3,000 /Mo

      Renovated Office Space Available

      2,000 SF office space with new interior for lease.
      2915 Common St, Lake Charles, LA 70601
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse with conversion potential in growing downtown Lake Charles.
    Where is this warehouse located?
    The property is located at 1201 North Lake Shore Dr Lake Charles, LA.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - Ability to convert warehouse to office space; - Strategic downtown location at the SWC of Lakeshore Drive and Clarence Street; - **New roof and insulation, new metal siding panels, updated electrical, and sprinkler system**
    (713) 881-0919
    Request Owner's contact information
    1201 North Lake Shore Dr Lake Charles, LA 70601
    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.
    1201 North Lake Shore Dr
    Lake Charles, LA 70601
    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
    1201 North Lake Shore Dr Lake Charles, LA 70601
    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

    We can help!
    Listing Contact
    William Boyer
    (713) 881-0919
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!