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    510 18Th St Lake Charles, LA 70601

    For Sale
    $270,289

    Affordable 2400 SF Commercial Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 2,400 square foot Class B/C commercial or medical building in Lake Charles, Louisiana, is available for $270,289. Located at 510 W 18th Street, 70601, this property boasts a spacious lobby, executive and reception offices, multiple exam rooms, and ample storage. Ten parking spaces are available (seven in front, three in the rear). The building has been owner-occupied since 2004 and is being offered due to the owner's expansion needs. Municipal water and sewer services are included, along with trash pickup (two cans) through Republic Services for a monthly fee of $159. Annual property taxes are $1,317. Situated in Flood Zone X, flood insurance is typically not required. This property presents a highly affordable opportunity for a diverse range of commercial or medical businesses. The building offers a well-established presence in a convenient location within Calcasieu Parish. This is an excellent chance to acquire a ready-to-use space with existing infrastructure and ample parking. The property's history of consistent occupancy speaks to its desirability and potential for continued success.

    Property Features for 510 18Th St

    General Information

    Property type
    Land

    HighLights

    • $270,289 asking price.
    • 2,400 SF Class B/C commercial/medical building.
    • 10 parking spaces.
    • Located at 510 W 18th Street, Lake Charles, LA 70601.
    • Flood Zone X.
    • Annual property taxes: $1,317.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ABC Pregnancy Resource ... Social Services Organization

    Suggested Use

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

    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
    -93.2269642
    Latitude
    30.2059266

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    FAQs

    What type of property is this?
    Land - Affordable 2400 SF Commercial Space
    Where is this land located?
    The property is located at 510 18Th St Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $270,289.
    What are key features of this property?
    This property features: $270,289 asking price.; 2,400 SF Class B/C commercial/medical building.; 10 parking spaces.
    Request Owner's contact information
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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
    510 18Th St Lake Charles, LA 70601
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