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    Courtyard Office Complex with Parking Title is generated by Realmo AI

    3505 5th Avenue, Lake Charles, LA 70607

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    Claim this Listing
    New
    For Sale
    $1,800,000

    Commercial Sale - Lake Charles, LA

    Type:Office
    Property size:
    14,883 SF
    Lot size:
    1.45 Acres
    Price / SF:
    $120/SF
    Added:
    Jul 2, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 7 at 2:06 am

    Property Features for 3505 5th Avenue

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    APN
    01190504
    Lot size
    1.45 Acres

    Building Details

    Year built
    1983
    Floors in Building
    1

    We can help!

    Contact an agent
    STEVE FLOYD

    Listing agent STEVE FLOYD License #912122392

    Listing office Coldwell Banker Ingle Safari R 765 Bayou Pines E, Lake Charles, LA

    Listing date Jul 2, 2026

    MLS# 4047

    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.

    HighLights

    • Courtyard Park Office Complex: 3 buildings totaling approx. 14,883 SF on a 1.45‑acre site
    • Generates approx. $143,472 in annual rental income, with additional potential through rent adjustments and lease optimization
    • Multiple suites with private entrances, individual electric meters, and dedicated restrooms and kitchen areas for flexible leasing
    • Spacious, well‑lit concrete parking lot with ample parking for tenants and visitors
    • One suite of approx. 2,880 SF currently used as an event center with flexible use or additional income potential
    • Flood Zone X (no flood insurance required) and zoned mixed‑use

    Overview

    Courtyard Park Office Complex is a well-maintained, multi-building office property organized around professionally landscaped courtyard spaces. The complex consists of three buildings and includes multiple office suites with private entrances, individual electric meters, and dedicated restrooms and kitchen areas to support flexible configurations. Interior spaces are described as clean and functional, with a mix of office, meeting, and common areas. One suite is currently used as an event center, and may offer adaptable use for an incoming tenant or operator.

    The property is situated on a 1.45-acre site with a spacious, well-lit concrete parking lot designed to accommodate tenants and visitors. It is described as being located just minutes from E. Prien Lake Road, I-210, Highway 14, and the Savanna Lakes area. The complex is also positioned in proximity to residential neighborhoods and ongoing development that includes new construction, restaurants, medical offices, and commercial activity.

    For buyers, this is a mixed-use zoned office investment with multiple suites that can be independently metered and served with dedicated restroom and kitchen facilities. It is identified as being located in Flood Zone X, where flood insurance is noted as not required. The current event center component and the overall suite layout may be useful for operators seeking a campus-style office setting that supports a variety of professional uses while maintaining straightforward tenant separation.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $223.2k $15.00
    − Vacancy −$49.1k −$3.30
    EGI $174.1k $11.70
    − OpEx −$43.5k −$2.93
    NOI $130.6k $8.78
    14,883 SF · lease $15.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.87M
    $1.63M – $2.18M (±1% cap)
    NOI $130,598 @ 7.0% cap · market cap 7.26%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.21M
    $2.81M – $3.74M (±1% cap)
    NOI $224,562 @ 7.0% cap · market cap 12.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Volunteers of America Social Service Agency Lopez Frank W ... Physician Le Blanc Jerry Marriage Or Relationship Counselor Dr. Monlezun Medical Clinic Phyllis Dugar-Thibodeaux - State ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.189244
    Latitude
    30.19439

    FAQs

    What type of property is this?
    Office building - Multi-building office complex with private-suite entries and dedicated amenities, supported by a large, well-lit parking lot.
    Where is this office building located?
    The property is located at 3505 5th Avenue Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Courtyard Park Office Complex: 3 buildings totaling approx. 14,883 SF on a 1.45‑acre site; Generates approx. $143,472 in annual rental income, with additional potential through rent adjustments and lease optimization; Multiple suites with private entrances, individual electric meters, and dedicated restrooms and kitchen areas for flexible leasing
    More about this property
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