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    523 Miller Ave Westlake, LA 70669

    Sponsored
    For Lease
    $5 SF/Yr ($5,000 /Mo)

    12,000 SF Flex Space, I-10 Access

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,000-square-foot flex space in Westlake, Louisiana, presents a unique investment opportunity. Situated on a 0.75-acre lot at 523 Miller Ave, 70669, this single-tenant industrial property boasts prime location advantages. Its proximity to Interstate 10 ensures easy access to major transportation routes, while its close proximity to the Horseshoe Casino & Resort offers high visibility and potential for synergistic business relationships. The property features a substantial lay-down yard, a significant portion of which is covered by a 3,750-square-foot structure with an underlying concrete slab, providing ample space for storage or outdoor operations. The warehouse itself is equipped with four 12' x 12' roll-up doors, facilitating efficient loading and unloading of goods. This property is classified as industrial, with a flex subtype, making it suitable for a variety of uses. Located in Calcasieu Parish, this property offers a blend of warehouse and yard space, ideal for businesses requiring both indoor and outdoor operational areas. The convenient location and versatile layout make this a highly desirable property for businesses seeking a strategic location in Westlake. Additional details are available upon request.

    Property Features for 523 Miller Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF
    Total Rate
    5000

    Unit(s) available at that property

    Space
    Size
    12,000 SF
    Rate per SF
    $5

    HighLights

    • 12,000 SF flex space on 0.75‑acre lot in Westlake, LA.
    • Prime I‑10 location near Horseshoe Casino & Resort.
    • 3,750 SF covered lay‑down yard with concrete slab.
    • Warehouse features four 12' x 12' roll‑up doors.
    • Additional details available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Westlake
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.250499352973
    Latitude
    30.239335469113

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    FAQs

    What type of property is this?
    Flex space - 12,000 SF Flex Space, I-10 Access
    Where is this flex space located?
    The property is located at 523 Miller Ave Westlake, LA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 12,000 SF flex space on 0.75-acre lot in Westlake, LA.; Prime I-10 location near Horseshoe Casino & Resort.; 3,750 SF covered lay-down yard with concrete slab.
    Request Owner's contact information
    523 Miller Ave Westlake, LA 70669
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    Westlake, LA 70669
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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
    523 Miller Ave Westlake, LA 70669
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