Port Printing Building For
For Sale
$720,000
931 Hodges St, Lake Charles, LA 70601
Commercial building in downtown Lake Charles, ideal for office use.
Property Size7,297 SF
Price / SF$98.67
Days on Market214
Property Features for 931 Hodges St
General Information
Standard status
Active
Size
7,297 SF
Property subtype
Office
Zoning
T-4
Amenities
Water
Vacant
Listing Agency:
NAI Rampart Commercial Real Estate Lake Charles
Listed By:
David Burnthorn
(337) 540-5754
Source:
Lacdb.resimplifi
Added: Mar 9
Changed: Oct 1
Last Checked: Oct 7 at 8:35AM
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 NAI Rampart Commercial Real Estate Lake Charles
Investment Insights
Based on property information with market context.
Located at 931 Hodges Street in Lake Charles, the Port Printing Building presents a commercial opportunity in a convenient downtown location. The property, with a size of 16485 square feet, is suitable for office, service, or light commercial use. Its central location offers accessibility and visibility in the Lake Charles market, with easy access to major business corridors and surrounding amenities.
Key Highlights
- Convenient downtown location in Lake Charles
- Well‑positioned commercial opportunity
- Ideal for office, service, or light commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,031
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,280,620
$1.3M
Cap Rate 7%
$914,729
$914.7K
Cap Rate 9%
$711,456
$711.5K
Market Conditions
NOI Build-Up for 7,297 SF
Gross rent
$109.5K $15.00/SF
− Vacancy
−$24.1K −$3.30/SF
EGI
$85.4K $11.70/SF
− OpEx
−$21.3K −$2.93/SF
NOI
$64.0K $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%
$1,280,620
Cap Rate 7%
$914,729
Cap Rate 9%
$711,456
Alternative Uses
Best Use
Office B
$914.7K
$800.4K – $1.07M
NOI $64,031 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.57M
$1.38M – $1.84M
NOI $110,101 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,349
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office space - Commercial building in downtown Lake Charles, ideal for office use.
Where is this office space located?
The property is located at 931 Hodges St Lake Charles, LA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Convenient downtown location in Lake Charles; Well‑positioned commercial opportunity; Ideal for office, service, or light commercial use
