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    1400 N Martin Luther King Hwy Lake Charles, LA 70601

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    For Lease
    $6,509 /Mo ($36 SF/Yr)

    2,150 SF building on 0.46 acre near I-10.

    Property size:
    2,150 SF
    Lot size:
    0.93 Acres

    Property Features for 1400 N Martin Luther King Hwy

    General Information

    Size
    2,150 SF
    Lot size
    0.93 Acres

    Source: Stirling Properties | Mobile Agent Lynda Terreson

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

    Overview

    Freestanding Building on Major Thoroughfare

    This is a 2,150 square foot free-standing building situated on a 0.46 acre parcel. The property is located on Highway 171, a major north/south thoroughfare with a traffic count of 27,127 cars per day in 2023. It is also located approximately one half mile from the Interstate 10 interchange, which sees 63,240 cars per day in 2023. Lake Charles is a trade and commerce hub, with proximity to major highways, railways, and the Port of Lake Charles. The local economy is supported by petrochemical, manufacturing, and healthcare industries. The lease end date is July 31, 2034, with options available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.180102
    Latitude
    30.256519

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    FAQs

    What type of property is this?
    Storefront property - 2,150 SF building on 0.46 acre near I-10.
    Where is this storefront property located?
    The property is located at 1400 N Martin Luther King Hwy Lake Charles, LA.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Located on Hwy 171 (27,127 CPD 2023) and 1/2 mile from I-10 interchange (63,240 CPD 2023) offering **high traffic visibility.**; - **2,150 SF free-standing building** on a 0.46 acre parcel.; - Lease end date 7/31/2034 with options available.
    (704) 996-0033
    Request Owner's contact information
    1400 N Martin Luther King Hwy Lake Charles, LA 70601
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    Realmo Value Estimation

    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.

    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.

    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
    1400 N Martin Luther King Hwy Lake Charles, LA 70601
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