Renovated Two-Story Office
For Sale
$950,000
2025 Oak Park, Lake Charles, LA 70601
Flexible layout includes private offices, restrooms, kitchenette, and open workspace.
Property Size4,911 SF
Price / SF$193.44
Days on Market39
Property Features for 2025 Oak Park
General Information
Standard status
Active
Size
4,911 SF
Building Details
Buildings
1
Stories
2
Listing Agency:
Kairos Realty
(337) 794-5992
Listed By:
Ellen Monroe · License #995703519
Source:
Athomerealtyla
Added: Jul 21
Changed: Aug 27
Last Checked: Aug 28 at 12:42PM
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 Kairos Realty
Investment Insights
Based on property information with market context.
This 4,911-square-foot office building in Lake Charles, Louisiana, provides two floors with distinct improvement profiles. The renovated second floor combines a large open office area with private rooms, multiple restrooms, a kitchenette, and flexible workspace. The first floor remains unrenovated but usable, offering private offices, larger rooms, bathrooms, a foyer and reception area, plus several access points.
The configuration supports immediate occupancy while allowing future improvements to the remaining space. The property is suited to professional office, nonprofit, medical, and training uses, with a layout that can accommodate both enclosed rooms and open work areas.
The configuration supports immediate occupancy while allowing future improvements to the remaining space. The property is suited to professional office, nonprofit, medical, and training uses, with a layout that can accommodate both enclosed rooms and open work areas.
Key Highlights
- 4,911‑square‑foot two‑story office building in Lake Charles, Louisiana
- Renovated second floor with large open office area and flexible workspace
- Second floor includes private rooms, multiple restrooms, and kitchenette
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
$43,094
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
4.54%
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%
$861,880
$861.9K
Cap Rate 7%
$615,629
$615.6K
Cap Rate 9%
$478,822
$478.8K
Market Conditions
NOI Build-Up for 4,911 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
$73.7K $15.00/SF
− Vacancy
−$16.2K −$3.30/SF
EGI
$57.5K $11.70/SF
− OpEx
−$14.4K −$2.93/SF
NOI
$43.1K $8.78/SF
Area
Calcasieu County, LA
Vacancy
22.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
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%
$861,880
Cap Rate 7%
$615,629
Cap Rate 9%
$478,822
Alternative Uses
Best Use
Office B
$615.6K
$538.7K – $718.2K
NOI $43,094 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.06M
$926.3K – $1.24M
NOI $74,100 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
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?
Office building - Flexible layout includes private offices, restrooms, kitchenette, and open workspace.
Where is this office building located?
The property is located at 2025 Oak Park 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: 4,911‑square‑foot two‑story office building in Lake Charles, Louisiana; Renovated second floor with large open office area and flexible workspace; Second floor includes private rooms, multiple restrooms, and kitchenette
