Office/Warehouse with Highway
For Sale
$450,000
130 Victoria Drive, Lake Charles, LA 70611
Well-conditioned office/warehouse space with easy highway access.
Property Size6,000 SF
Price / SF$75
Days on Market1173
Property Features for 130 Victoria Drive
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Other
Amenities
Water
Sewer
Listing Agency:
NVST Real Estate Solutions
Listed By:
Blake Soto · License #995711584
(337) 764-6556
Source:
Lacdb.resimplifi
Added: Aug 14, 2023
Changed: Oct 25
Last Checked: Oct 28 at 4:50AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features a well-conditioned office and warehouse space with convenient access to Hwy-171. The office area comprises 1,000 square feet, while the warehouse provides 5,000 square feet of space. The warehouse includes four roll-up doors and a large sliding door. The office area contains a large waiting/reception area, multiple work areas, a breakroom, a bathroom, and an IT/filing room. The total property size is 6,000 square feet. A tenant currently occupies the entire 6,000 square feet.
Key Highlights
- Easy access to Hwy‑171
- 6,000 SF total space** (1,000 SF office / 5,000 SF warehouse)
- Warehouse includes 4 roll‑up doors and a large sliding door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,109
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,180
$742.2K
Cap Rate 7%
$530,129
$530.1K
Cap Rate 9%
$412,322
$412.3K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$56.9K $9.48/SF
− Vacancy
−$3.9K −$0.64/SF
EGI
$53.0K $8.84/SF
− OpEx
−$15.9K −$2.65/SF
NOI
$37.1K $6.18/SF
Area
Calcasieu County, LA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$742,180
Cap Rate 7%
$530,129
Cap Rate 9%
$412,322
Alternative Uses
Best Use
Flex RnD
$1.17M
$1.02M – $1.36M
NOI $81,806 @ 7.0% cap · market cap 18.18%
Second Best
Industrial
$530.1K
$463.9K – $618.5K
NOI $37,109 @ 7.0% cap · market cap 8.25%
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,531 @ 7.0% cap · market cap 20.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70611, LA
22,457
Population
8,971
Households
2.5
Avg Household Size
37
Median Age
30%
College-Educated
91%
High-School Grad
81.7 sq mi
ZIP Area
275
Density / Sq Mi
$101,146
Median Household Income
$56,450
Median Earnings
$1,241
Median Rent
$249,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Well-conditioned office/warehouse space with easy highway access.
Where is this flex space located?
The property is located at 130 Victoria Drive Lake Charles, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Easy access to Hwy‑171; 6,000 SF total space** (1,000 SF office / 5,000 SF warehouse); Warehouse includes **4 roll‑up doors and a large sliding door**
