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    1702 Oak Park Blvd Lake Charles, LA 70601

    Sponsored
    For Sale
    $1,100,000

    Prime Medical Office, High Visibility, Vacant

    Property size:
    5,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,500 square foot, single-story Class B office building in Lake Charles, LA is ideally situated directly across from Lake Charles Memorial Hospital. Currently vacant, this property offers a turnkey opportunity for a medical or dental practice, or other executive office use. The building features 88 parking spaces on a .49-.5 acre lot and is priced at $1,100,000 ($200/sq ft). Previously occupied by a dental practice, the interior is well-maintained and offers a versatile floor plan adaptable to various healthcare needs. High visibility and easy accessibility ensure a steady flow of potential patients. The property's APN is 00297232. The sale terms are cash to seller. While the lot size and square footage are estimates, they should be verified independently. This presents a rare chance to establish a thriving practice in a prime location within a strong medical community. The building is move-in ready, allowing for a quick and efficient setup.

    Property Features for 1702 Oak Park Blvd

    General Information

    Property type
    Government properties
    Square Feet
    5,500 SF
    Class
    B
    Lot Size
    21,344 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • Cash Purchase Required
    • Suitable for Medical, Executive Suites, Government, Tech, and other users; Offers flexible space options in an office building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Steiner Julie DDS Dentist Oubre Cecilia DDS Dentist Dr. Trang Le Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -93.1971532
    Latitude
    30.2030392

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    FAQs

    What type of property is this?
    Government property - Prime Medical Office, High Visibility, Vacant
    Where is this government property located?
    The property is located at 1702 Oak Park Blvd Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Cash Purchase Required; Suitable for Medical, Executive Suites, Government, Tech, and other users; Offers flexible space options in an office building.;
    Request Owner's contact information
    1702 Oak Park Blvd 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
    1702 Oak Park Blvd Lake Charles, LA 70601
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