Drive-Through Auto
For Sale
$389,000
1201 Gerstner Memorial Dr, Lake Charles, LA 70615
Corner-lot facility with renovated offices, new roll-up doors, and covered exterior workspace.
Property Size2,400 SF
Lot Size0.50 Acres
Price / SF$162.08
Days on Market99
Property Features for 1201 Gerstner Memorial Dr
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.50 Acres
Property subtype
Other
Zoning
B
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
3
Amenities
new roll up doors
back awning
Power
Water
Sewer
Building Details
Year Built
1988
Listing Agency:
The Real Estate Brokerage
Listed By:
Bailey Dowden · License #995713394
(337) 888-6646
Source:
Lacdb.resimplifi
Added: Jul 10
Changed: Oct 7
Last Checked: Oct 14 at 7:43PM
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 The Real Estate Brokerage
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Investment Insights
Based on property information with market context.
This auto shop occupies a half-acre corner parcel with frontage on HWY 14. The 2,400-square-foot facility is currently used as a tire shop and includes office space, three drive-through pits, and roll-up bay doors measuring 14 feet high by 12 feet wide. The office area has been renovated and updated, while the building has received new paint throughout.
An added rear awning provides covered parking or additional workspace. The property is zoned B and has also operated as an automotive shop and car dealership. Its corner position and HWY 14 frontage support continued automotive use or another commercial configuration suited to the existing improvements.
An added rear awning provides covered parking or additional workspace. The property is zoned B and has also operated as an automotive shop and car dealership. Its corner position and HWY 14 frontage support continued automotive use or another commercial configuration suited to the existing improvements.
Key Highlights
- Half‑acre corner property with frontage on HWY 14
- 2,400‑square‑foot auto shop facility
- Three drive‑through pits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,178
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,560
$423.6K
Cap Rate 7%
$302,543
$302.5K
Cap Rate 9%
$235,311
$235.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$31.7K $13.20/SF
− Vacancy
−$1.4K −$0.59/SF
EGI
$30.3K $12.61/SF
− OpEx
−$9.1K −$3.78/SF
NOI
$21.2K $8.82/SF
Area
Calcasieu County, LA
Vacancy
4.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,560
Cap Rate 7%
$302,543
Cap Rate 9%
$235,311
Alternative Uses
Best Use
Retail
$302.5K
$264.7K – $353.0K
NOI $21,178 @ 7.0% cap · market cap 5.44%
Second Best
Industrial
$212.0K
$185.5K – $247.4K
NOI $14,843 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$517.3K
$452.7K – $603.5K
NOI $36,212 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
625
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Peterbilt of Lake Charles
Shops & Services
625 visits/mo
0.4 miles
Demographics for 70615, LA
14,949
Population
5,498
Households
2.7
Avg Household Size
36
Median Age
15%
College-Educated
84%
High-School Grad
45.9 sq mi
ZIP Area
326
Density / Sq Mi
$43,333
Median Household Income
$30,086
Median Earnings
$1,095
Median Rent
$128,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Gerber Collision & Glass — 3322 Broad St, Lake Charles, LA 70615
- Beamer dynamics — 713 Armstrong St, Lake Charles, LA 70615
- Briley's Paint & Body Shop — 4003 Broad St, Lake Charles, LA 70615
- No Doubt Automotive Plus Llc — 4201 Broad St, Lake Charles, LA 70615
- Peterbilt of Lake Charles — 520 Pamco Rd, Lake Charles, LA 70615
Frequently Asked Questions
What type of property is this?
Auto shop - Corner-lot facility with renovated offices, new roll-up doors, and covered exterior workspace.
Where is this auto shop located?
The property is located at 1201 Gerstner Memorial Dr Lake Charles, LA.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Half‑acre corner property with frontage on HWY 14; 2,400‑square‑foot auto shop facility; Three drive‑through pits
