Flex Space with Covered
2200 Hodges Street, Lake Charles, LA 70601
For Sale
New
$349,900
Commercial Sale, Lake Charles, LA
Property Size4,972 SF
Lot Size0.31 Acres
Price / SF$70.37
Days on Market2
Property Features for 2200 Hodges Street
General Information
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Building Details
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Buildings
Listing Agency:
Coldwell Banker Ingle Safari R · Coldwell Banker Real Estate
(337) 478-1601
Listed By:
Robbie Ingle
(337) 304-0481
Added: Nov 9
Last Checked: Nov 10 at 6:06AM
MLS# SWL26005167
Copyright © 2026 Southwest Louisiana Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1977, this 4,972-square-foot flex property combines finished open space with separate rooms and warehouse, workshop, or storage areas. Interior features include wood-look flooring, recessed lights, and concrete floors in the utility areas. A metal roof, central heating and air conditioning, and brick construction are also present. The property includes a 437-square-foot covered canopy and 330 square feet of covered rear storage.
A covered loading area with roll-up doors serves the building, with concrete parking and access areas outside. The site measures 0.31 acres at 2200 Hodges Street in Lake Charles. Its finished areas can accommodate retail, showroom, or office functions, alongside the building’s warehouse and storage space.
A covered loading area with roll-up doors serves the building, with concrete parking and access areas outside. The site measures 0.31 acres at 2200 Hodges Street in Lake Charles. Its finished areas can accommodate retail, showroom, or office functions, alongside the building’s warehouse and storage space.
Key Highlights
- 4,972‑square‑foot flex property on a 0.31‑acre site
- 437‑square‑foot covered canopy and 330 square feet of covered rear storage
- Covered loading area with roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,751
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,020
$615.0K
Cap Rate 7%
$439,300
$439.3K
Cap Rate 9%
$341,678
$341.7K
Market Conditions
NOI Build-Up for 4,972 SF
Gross rent
$47.1K $9.48/SF
− Vacancy
−$3.2K −$0.64/SF
EGI
$43.9K $8.84/SF
− OpEx
−$13.2K −$2.65/SF
NOI
$30.8K $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 Rate 5%
$615,020
Cap Rate 7%
$439,300
Cap Rate 9%
$341,678
Alternative Uses
Best Use
Flex RnD
$968.4K
$847.4K – $1.13M
NOI $67,790 @ 7.0% cap · market cap 19.37%
Second Best
Warehouse
$533.4K
$466.8K – $622.3K
NOI $37,340 @ 7.0% cap · market cap 10.67%
Theoretical Best
Specialty Retail
$1.07M
$937.8K – $1.25M
NOI $75,020 @ 7.0% cap · market cap 21.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Under-served
Demand for This Use
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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
$164,300
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Lake Charles, LA
Properties on Market for Flex space in Lake Charles
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A mix of finished open space, private rooms, and warehouse areas supports varied commercial functions.
Where is this flex space located?
The property is located at 2200 Hodges Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 4,972‑square‑foot flex property on a 0.31‑acre site; 437‑square‑foot covered canopy and 330 square feet of covered rear storage; Covered loading area with roll‑up doors
