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Industrial Warehouse with Attached Offices

213 Goodman Road, Lake Charles, LA 70615

For Sale
Contact for pricing

An attached office wing provides multiple private offices, two bathrooms, and a copy area.

Property Size20,000 SF
Price / SF$210
Days on Market46

Property Features for 213 Goodman Road

General Information

Standard status Active
Size 20,000 SF
Property subtype Industrial

Additional Details

Office Build-Out 2,300 SF
Property Use Industrial Warehouse

Amenities

copy area
shower

Building Details

Building Size 20,000 SF
Listing Agency: Reinauer Real Estate
Listed By: Richman Reinauer
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 12 at 6:39AM

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 Reinauer Real Estate

Rey
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Investment Insights

Based on property information with market context.

This industrial warehouse contains 20,000 square feet and is served by four 14 x 14 roll-up doors and one 10 x 10 roll-up door. Two small box offices sit within the warehouse, with a separate 2,300-square-foot office attached to the building. The office wing includes seven interior offices, two bathrooms—one with a shower—and a copy area. Warehouse eave heights range from 18 to 30 feet. Ample parking is also provided.

Key Highlights

  • 20,000‑square‑foot warehouse
  • Four 14 x 14 roll‑up doors and one 10 x 10 roll‑up door
  • Attached 2,300‑square‑foot office with seven offices and a copy area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$150,201
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,020 $3.0M
Cap Rate 7%
$2,145,729 $2.1M
Cap Rate 9%
$1,668,900 $1.7M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$189.6K $9.48/SF
− Vacancy
−$12.9K −$0.64/SF
EGI
$176.7K $8.84/SF
− OpEx
−$26.5K −$1.33/SF
NOI
$150.2K $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%
$3,004,020
Cap Rate 7%
$2,145,729
Cap Rate 9%
$1,668,900

Alternative Uses

Best Use
Warehouse
$2.15M
$1.88M – $2.50M (±1% cap)
NOI $150,201 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.31M
$3.77M – $5.03M (±1% cap)
NOI $301,770 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Vincent's Roofing Inc. Roofing Company

Suggested Use

Top Pick HVAC Service Restaurant Electrical Service Garden Center Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Lake Charles, LA

$49.04 Jul
$88.93 Aug
$90.45 Sep
$84.06 Oct

Properties on Market for Warehouses in Lake Charles

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Bunker Road Storage — 507 Bunker Rd, Lake Charles, LA 70615

Frequently Asked Questions

What type of property is this?
Warehouse - An attached office wing provides multiple private offices, two bathrooms, and a copy area.
Where is this warehouse located?
The property is located at 213 Goodman Road Lake Charles, LA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 20,000‑square‑foot warehouse; Four 14 x 14 roll‑up doors and one 10 x 10 roll‑up door; Attached 2,300‑square‑foot office with seven offices and a copy area
(337) 540-1424 Call to check price and availability
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