Commercial Property with Warehouse
For Sale
Contact for pricing
1300 Rosteet Street, Lake Charles, LA 70601
Commercial property featuring office and warehouse space with income potential.
Property Size3,450 SF
Lot Size0.58 Acres
Price / SF$68.12
Days on Market193
Property Features for 1300 Rosteet Street
General Information
Standard status
Active
Size
3,450 SF
Lot size
0.58 Acres
Property subtype
Special Purpose
Listing Agency:
CENTURY 21 Bessette Flavin
(337) 540-1025
Listed By:
Keith Ryder · License #LA995689696
Source:
Crexi
Added: Jan 31
Changed: Aug 8
Last Checked: Aug 10 at 10:59AM
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 CENTURY 21 Bessette Flavin
Investment Insights
Based on property information with market context.
This commercial property offers approximately 3,540 square feet, including 2,300 square feet of office space and a 1,240-square-foot warehouse. The warehouse includes one overhead door. Situated on a 0.58-acre lot, the property provides ample on-site parking. The property is currently leased, presenting an immediate income opportunity for investors. Its functional layout is suitable for a variety of commercial and light industrial uses. This property represents a solid opportunity for investors seeking stable occupancy and long-term potential.
Key Highlights
- Leased property provides immediate income for investors.
- Functional layout supports a variety of commercial and light industrial uses.
- Approximately 3,540 sq ft including 2,300 sq ft offices and 1,240 sq ft warehouse.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,337
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,740
$426.7K
Cap Rate 7%
$304,814
$304.8K
Cap Rate 9%
$237,078
$237.1K
Market Conditions
NOI Build-Up for 3,450 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.7K $9.48/SF
− Vacancy
−$2.2K −$0.64/SF
EGI
$30.5K $8.84/SF
− OpEx
−$9.1K −$2.65/SF
NOI
$21.3K $6.18/SF
Area
Calcasieu County, LA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$426,740
Cap Rate 7%
$304,814
Cap Rate 9%
$237,078
Alternative Uses
Best Use
Flex RnD
$672.0K
$588.0K – $784.0K
NOI $47,039 @ 7.0% cap · market cap 20.02%
Second Best
Office B
$432.5K
$378.4K – $504.6K
NOI $30,274 @ 7.0% cap · market cap 12.88%
Theoretical Best
Specialty Retail
$743.6K
$650.7K – $867.6K
NOI $52,055 @ 7.0% cap · market cap 22.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70601, LA
34,571
Population
16,811
Households
2.1
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
16.1 sq mi
ZIP Area
2,147
Density / Sq Mi
$49,545
Median Household Income
$34,044
Median Earnings
$938
Median Rent
$164,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial property featuring office and warehouse space with income potential.
Where is this flex space located?
The property is located at 1300 Rosteet Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Leased property provides immediate income for investors.; Functional layout supports a variety of commercial and light industrial uses.; Approximately 3,540 sq ft including 2,300 sq ft offices and 1,240 sq ft warehouse.
