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    1800 Ryan St Lake Charles, LA 70601

    Sponsored
    For Sale
    $1,675,000

    Prime Office Space, High Occupancy

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,000 square foot office building in Lake Charles, LA, presents a compelling investment opportunity. Boasting a 4.81% cap rate and 84% occupancy (with full occupancy projected by October 29, 2024), this multi-tenant property features six suites, five of which are currently leased. The building, constructed in 1980 and renovated in 2020, offers 13,875 rentable square feet across one story, situated on a spacious 1.26-acre lot with ample parking (65 spaces). Its prime location between I-10 and I-210 provides easy access to major thoroughfares, government offices, the financial district, shopping, dining, and the Christus Ochsner Hospital. The property's durable brick and stucco construction ensures lasting value. The building is zoned for business use and includes multiple bathrooms and kitchens. Lease terms vary from one to three years, with rent increases based on changes in taxes and insurance. The current Net Operating Income (NOI) is $80,514. This is an owner/user investment opportunity with potential for significant return. The available suite offers approximately 3,411 square feet and can be utilized by the owner or leased individually. Financial details, including a 2023 Profit & Loss statement and rent roll, are available upon request. This property represents a strong investment in a thriving Lake Charles location.

    Property Features for 1800 Ryan St

    General Information

    Property type
    Medical offices
    Square Feet
    15,000 SF
    Lot Size
    5,488,560 SF

    Building Details

    Year Built/Renovated
    1980/2020
    Buildings
    1
    Stories
    1
    Units
    6

    HighLights

    • $1,675,000 asking price for a 15,000 square foot office building in Lake Charles, LA.
    • Multi‑tenant property with five of six suites currently leased (84% occupancy), generating a $80,514 NOI and a 4.81% cap rate.
    • 13,875 square feet of net rentable space in a single‑story building on a 1.26‑acre lot with 65 parking spaces.
    • Prime location between I‑10 and I‑210, near government offices, the financial district, shopping, restaurants, and Christus Ochsner Hospital.
    • Built in 1980 and renovated in 2020, featuring durable brick and stucco construction.
    • Property zoned for business use, with lease terms varying from 1‑3 years and rent bumps based on increases in taxes and insurance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterworx, LLC Rainbow ... Store Braud Jason J ... Radiologist Dr. Adam D. ... Radiologist Dr. Donald L. ... Radiologist Dr. Michael D. ... Radiologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.219111125928
    Latitude
    30.21498481502

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    FAQs

    What type of property is this?
    Medical office - Prime Office Space, High Occupancy
    Where is this medical office located?
    The property is located at 1800 Ryan St Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: $1,675,000 asking price for a 15,000 square foot office building in Lake Charles, LA.; Multi-tenant property with five of six suites currently leased (84% occupancy), generating a $80,514 NOI and a 4.81% cap rate.; 13,875 square feet of net rentable space in a single-story building on a 1.26-acre lot with 65 parking spaces.
    Request Owner's contact information
    1800 Ryan St Lake Charles, LA 70601
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    Lake Charles, LA 70601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1800 Ryan St Lake Charles, LA 70601
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