Flexible Showroom and Office
For Sale
$990,000
3030 Gerstner Memorial Dr, Lake Charles, LA
Flexible building with space for showroom, sales, or office use, marketed as offering strong visibility.
Property Size10,000 SF
Price / SF$99
Days on Market109
Property Features for 3030 Gerstner Memorial Dr
General Information
Standard status
Active
Size
10,000 SF
Listing Agency:
NVST Real Estate Solutions
(337) 764-6556
Listed By:
Blake Soto · License #0995681882
(337) 764-6556
Source:
Exprealty
Added: May 8
Changed: Aug 23
Last Checked: Aug 22 at 12:54PM
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 NVST Real Estate Solutions
Investment Insights
Based on property information with market context.
For sale at 3030 Gerstner Memorial Drive, Lake Charles, LA, this flexible commercial building offers approximately 10,000 SF designed to accommodate a variety of business uses. The property is presented as suitable for a showroom, sales, or an office building layout, with ample space to support different operational needs.
The offering is marketed as having strong visibility and provides a straightforward option for users seeking a sizable, adaptable facility. According to the property remarks, potential uses include retail and showroom concepts as well as furniture, fitness, medical, service-based uses, or redevelopment.
The offering is marketed as having strong visibility and provides a straightforward option for users seeking a sizable, adaptable facility. According to the property remarks, potential uses include retail and showroom concepts as well as furniture, fitness, medical, service-based uses, or redevelopment.
Key Highlights
- 10,000 SF building with a flexible layout suitable for a variety of users
- Space can be used as a showroom, sales, or office building
- Marketing emphasizes strong visibility for customer‑facing uses
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
$88,242
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
8.91%
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%
$1,764,840
$1.8M
Cap Rate 7%
$1,260,600
$1.3M
Cap Rate 9%
$980,467
$980.5K
Market Conditions
NOI Build-Up for 10,000 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
$132.0K $13.20/SF
− Vacancy
−$5.9K −$0.59/SF
EGI
$126.1K $12.61/SF
− OpEx
−$37.8K −$3.78/SF
NOI
$88.2K $8.82/SF
Area
Calcasieu County, LA
Vacancy
4.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,764,840
Cap Rate 7%
$1,260,600
Cap Rate 9%
$980,467
Alternative Uses
Best Use
Retail
$1.26M
$1.10M – $1.47M
NOI $88,242 @ 7.0% cap · market cap 8.91%
Second Best
Office B
$1.25M
$1.10M – $1.46M
NOI $87,750 @ 7.0% cap · market cap 8.86%
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.51M
NOI $150,885 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,277
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sarah Mayes Flooring — 510 broad st s, lake charles, la 70601
- buildit of Louisiana, Inc — 1520 moss st #2, lake charles, la 70601
- Buildit Kitchen And Bathroom Remodeling of Lake Charles — 1520 Moss St #2, Lake Charles, LA 70601
Frequently Asked Questions
What type of property is this?
Showroom - Flexible building with space for showroom, sales, or office use, marketed as offering strong visibility.
Where is this showroom located?
The property is located at 3030 Gerstner Memorial Dr Lake Charles, LA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 10,000 SF building with a flexible layout suitable for a variety of users; Space can be used as a showroom, sales, or office building; Marketing emphasizes strong visibility for customer‑facing uses
