Office Building with Conference
For Sale
Contact for pricing
430 Alamo St, Lake Charles, LA 70601
MU-zoned office property with parking, a kitchen/breakroom, lobby, and established occupancy in Suite 200.
Property Size3,852 SF
Price / SF$0.01
Days on Market841
Property Features for 430 Alamo St
General Information
Standard status
Active
Size
3,852 SF
Property subtype
Office
Zoning
MU
Lease Type
Modified Gross
Additional Details
Road Access
Yes
Amenities
Kitchen/Breakroom
Conference Room
Lobby
Water
Sewer
Building Details
Tenancy
Single
Listing Agency:
NVST Real Estate Solutions
Listed By:
Blake Soto · License #995711584
(337) 764-6556
Source:
Lacdb.resimplifi
Added: Jul 1, 2024
Changed: Oct 4
Last Checked: Oct 19 at 3:19AM
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
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Investment Insights
Based on property information with market context.
This 3,852-square-foot office building is configured for immediate business use, with a lobby, conference room, kitchen and breakroom, and ample parking. Suite 200 is occupied by an established tech tenant. The property is zoned MU and includes operating costs such as taxes, insurance, maintenance, utilities, and janitorial service within the rent rate.
Located at 430 Alamo St. near Ryan St. in Lake Charles, the building sits in an established area with convenient access to the surrounding office market. Its existing tenant occupancy and practical common-area improvements provide a defined operating setup for an office property.
Located at 430 Alamo St. near Ryan St. in Lake Charles, the building sits in an established area with convenient access to the surrounding office market. Its existing tenant occupancy and practical common-area improvements provide a defined operating setup for an office property.
Key Highlights
- 3,852‑square‑foot office building
- Suite 200 occupied by an established tech tenant
- MU zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,801
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,020
$676.0K
Cap Rate 7%
$482,871
$482.9K
Cap Rate 9%
$375,567
$375.6K
Market Conditions
NOI Build-Up for 3,852 SF
Gross rent
$57.8K $15.00/SF
− Vacancy
−$12.7K −$3.30/SF
EGI
$45.1K $11.70/SF
− OpEx
−$11.3K −$2.93/SF
NOI
$33.8K $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%
$676,020
Cap Rate 7%
$482,871
Cap Rate 9%
$375,567
Alternative Uses
Best Use
Office B
$482.9K
$422.5K – $563.4K
NOI $33,801 @ 7.0% cap · market cap 169,005.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$830.3K
$726.5K – $968.7K
NOI $58,121 @ 7.0% cap · market cap 290,605.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,306
Businesses Nearby
Explore this area
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
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?
Office building - MU-zoned office property with parking, a kitchen/breakroom, lobby, and established occupancy in Suite 200.
Where is this office building located?
The property is located at 430 Alamo St Lake Charles, LA.
What are key features of this property?
This property features: 3,852‑square‑foot office building; Suite 200 occupied by an established tech tenant; MU zoning
