Mixed-Use Building with Open
For Sale
$950,000
3130 Country Club Road, Lake Charles, LA 70605
Corner property with flexible interior areas, food-service infrastructure, meeting space, storage, and four restrooms.
Property Size7,200 SF
Lot Size1.07 Acres
Price / SF$131.94
Days on Market651
Property Features for 3130 Country Club Road
General Information
Standard status
Active
Size
7,200 SF
Lot size
1.07 Acres
Property subtype
Commercial/Industrial
Building Details
Buildings
1
Listing Agency:
Century 21 Bono Realty
(337) 540-5798
Listed By:
Lisa Bono · License #55042
(337) 540-5798
Source:
Exitrealty
Added: Nov 20, 2024
Changed: Sep 1
Last Checked: Sep 1 at 5:09PM
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 Bono Realty
Investment Insights
Based on property information with market context.
This mixed-use property at 3130 Country Club Road includes a 7,200 SF building on a concrete slab. The 60-by-120-foot plan provides two large open areas along with a bar, kitchen, meeting room, office, multiple storage areas, four restrooms, and a foyer oriented toward W. Prien Lake Road. The structure uses iron-oxide-coated framing with metal sheeting.
The property occupies a 1.07-acre corner site at Country Club Road and W. Prien Lake Road in Lake Charles. It is identified as Mixed Use Zoning and lies within the X Flood Zone. A building floor plan is available, and interior access is arranged by appointment.
The property occupies a 1.07-acre corner site at Country Club Road and W. Prien Lake Road in Lake Charles. It is identified as Mixed Use Zoning and lies within the X Flood Zone. A building floor plan is available, and interior access is arranged by appointment.
Key Highlights
- 7,200 SF mixed‑use building on a 1.07‑acre site
- 60 x 120 floor plan with two open areas
- Bar, kitchen, meeting room, office, and storage spaces
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
$63,180
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
6.65%
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%
$1,263,600
$1.3M
Cap Rate 7%
$902,571
$902.6K
Cap Rate 9%
$702,000
$702.0K
Market Conditions
NOI Build-Up for 7,200 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
$112.3K $15.60/SF
− Vacancy
−$11.2K −$1.56/SF
EGI
$101.1K $14.04/SF
− OpEx
−$37.9K −$5.27/SF
NOI
$63.2K $8.77/SF
Area
Calcasieu County, LA
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
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%
$1,263,600
Cap Rate 7%
$902,571
Cap Rate 9%
$702,000
Alternative Uses
Best Use
Mixed Use
$902.6K
$789.8K – $1.05M
NOI $63,180 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,637 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Explore this area
Business Placement
Demographics for 70605, LA
39,903
Population
17,926
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
97%
High-School Grad
43.0 sq mi
ZIP Area
928
Density / Sq Mi
$88,337
Median Household Income
$46,173
Median Earnings
$1,348
Median Rent
$293,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property with flexible interior areas, food-service infrastructure, meeting space, storage, and four restrooms.
Where is this mixed-use property located?
The property is located at 3130 Country Club Road Lake Charles, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 7,200 SF mixed‑use building on a 1.07‑acre site; 60 x 120 floor plan with two open areas; Bar, kitchen, meeting room, office, and storage spaces
