Flex Building with Two
For Sale
$895,000
3816 Common St, Lake Charles, LA 70607
Flex property includes two executive office suites and an attached warehouse with roll-up doors and rear access.
Property Size7,910 SF
Price / SF$113.15
Days on Market323
Property Features for 3816 Common St
General Information
Standard status
Active
Size
7,910 SF
Class
A
Total Parking Spaces
13
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Amenities
kitchenette
tile flooring
LED lighting
crown molding
central HVAC
custom cabinetry
walk-in shower
covered parking
boardroom
Listing Agency:
Executive Properties, LLC
(337) 477-9300
Listed By:
Marcus Young · License #912123153
(337) 274-1615
Source:
Exprealty
Added: Dec 5, 2025
Changed: Oct 4
Last Checked: Oct 23 at 7:05AM
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 Executive Properties, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex building for sale includes two executive office spaces and a large attached warehouse. Suite A offers an open layout designed for build-out flexibility, with two restrooms, a kitchenette, tile flooring, LED lighting, 12’ ceilings, and interior detailing throughout. Suite B includes a 1,450 sq ft open work area, two private offices, and a boardroom, along with two restrooms and a kitchenette, also finished with tile flooring, LED lighting, and 12’ ceilings. At the rear, a 65’ x 54’ warehouse is served by two 12’ roll-up doors with electric operators, and includes a private office space measuring 25’ x 12’ with central HVAC, custom cabinetry, a bathroom with a walk-in shower, and a water heater.
The property is located along Common Street with customer parking in front. Rear road access is available from E. Oak Lane, and the site includes six covered parking spaces and seven uncovered spaces behind the building.
The building is identified as being located in flood zone "X". The listing notes flood insurance is not required by most lenders. All measurements are m/l.
The property is located along Common Street with customer parking in front. Rear road access is available from E. Oak Lane, and the site includes six covered parking spaces and seven uncovered spaces behind the building.
The building is identified as being located in flood zone "X". The listing notes flood insurance is not required by most lenders. All measurements are m/l.
Key Highlights
- Class‑A flex commercial building built in 2014 near McNeese State University on Common Street.
- Two office suites, each approx. 2,200 SF, with two restrooms, kitchenette, tile flooring, LED lighting, and 12’ ceilings.
- Suite B includes approx. 1,450 SF open work area plus two private offices and a boardroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,410
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,388,200
$1.4M
Cap Rate 7%
$991,571
$991.6K
Cap Rate 9%
$771,222
$771.2K
Market Conditions
NOI Build-Up for 7,910 SF
Gross rent
$118.7K $15.00/SF
− Vacancy
−$26.1K −$3.30/SF
EGI
$92.5K $11.70/SF
− OpEx
−$23.1K −$2.93/SF
NOI
$69.4K $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 Rate 5%
$1,388,200
Cap Rate 7%
$991,571
Cap Rate 9%
$771,222
Alternative Uses
Best Use
Flex RnD
$1.54M
$1.35M – $1.80M
NOI $107,848 @ 7.0% cap · market cap 12.05%
Second Best
Office B
$991.6K
$867.6K – $1.16M
NOI $69,410 @ 7.0% cap · market cap 7.76%
Theoretical Best
Specialty Retail
$1.70M
$1.49M – $1.99M
NOI $119,350 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70607, LA
30,339
Population
13,692
Households
2.2
Avg Household Size
34
Median Age
18%
College-Educated
86%
High-School Grad
115.3 sq mi
ZIP Area
263
Density / Sq Mi
$58,427
Median Household Income
$35,815
Median Earnings
$1,053
Median Rent
$171,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex property includes two executive office suites and an attached warehouse with roll-up doors and rear access.
Where is this flex space located?
The property is located at 3816 Common St Lake Charles, LA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Class‑A flex commercial building built in 2014 near McNeese State University on Common Street.; Two office suites, each approx. 2,200 SF, with two restrooms, kitchenette, tile flooring, LED lighting, and 12’ ceilings.; Suite B includes approx. 1,450 SF open work area plus two private offices and a boardroom.
