Flexible Office-Warehouse
For Sale
$420,000
1440 W McNeese St, Lake Charles, LA 70605
Mixed-use commercial space combines professional offices with warehouse capacity for storage and light industrial needs.
Property Size4,679 SF
Price / SF$89.76
Days on Market280
Property Features for 1440 W McNeese St
General Information
Standard status
Active
Size
4,679 SF
Total Parking Spaces
15
Property subtype
Office
Zoning
MU
Amenities
15 Parking Spaces
Building Details
Year Built
1980
Listing Agency:
Century 21 Bessette Flavin
Listed By:
Keith Ryder · License #LA995689696
(337) 540-1025
Source:
Lacdb.resimplifi
Added: Jan 9
Changed: Oct 2
Last Checked: Oct 14 at 7:38PM
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
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Investment Insights
Based on property information with market context.
This flexible commercial property combines 3,096 sq ft of office space with 1,582 sq ft of warehouse space. The office component offers a practical arrangement for professional or administrative functions, while the warehouse area adds room for storage or light industrial use. Built in 1980, the property is classified MU and supports a mixed-use configuration within one commercial asset.
The property is located at 1440 W McNeese St in Lake Charles, Louisiana, with access to major roadways and nearby commercial services. Its combination of office and warehouse areas provides a practical format for an owner-user or investor seeking a property with both workplace and operational space.
The property is located at 1440 W McNeese St in Lake Charles, Louisiana, with access to major roadways and nearby commercial services. Its combination of office and warehouse areas provides a practical format for an owner-user or investor seeking a property with both workplace and operational space.
Key Highlights
- 3,096 sq ft of office space
- 1,582 sq ft of warehouse space
- MU zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,140
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,800
$702.8K
Cap Rate 7%
$502,000
$502.0K
Cap Rate 9%
$390,444
$390.4K
Market Conditions
NOI Build-Up for 4,679 SF
Gross rent
$44.4K $9.48/SF
− Vacancy
−$3.0K −$0.64/SF
EGI
$41.3K $8.84/SF
− OpEx
−$6.2K −$1.33/SF
NOI
$35.1K $7.51/SF
Area
Calcasieu County, LA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,800
Cap Rate 7%
$502,000
Cap Rate 9%
$390,444
Alternative Uses
Best Use
Flex RnD
$911.4K
$797.4K – $1.06M
NOI $63,795 @ 7.0% cap · market cap 15.19%
Second Best
Office B
$586.5K
$513.2K – $684.3K
NOI $41,058 @ 7.0% cap · market cap 9.78%
Theoretical Best
Specialty Retail
$1.01M
$882.5K – $1.18M
NOI $70,599 @ 7.0% cap · market cap 16.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Mixed-use commercial space combines professional offices with warehouse capacity for storage and light industrial needs.
Where is this flex space located?
The property is located at 1440 W McNeese St Lake Charles, LA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 3,096 sq ft of office space; 1,582 sq ft of warehouse space; MU zoning designation
