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    1111 Ryan St Lake Charles, LA 70601

    For Sale
    $1,100,000

    Prime Downtown Location, 13,504 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional investment opportunity presents a 13,504 square foot commercial land parcel ideally situated at 1111 Ryan Street in Lake Charles, Louisiana, zip code 70601. The property is conveniently located near the courthouse and the vibrant downtown area, offering easy access to local amenities. While currently improved with a 6328 square foot office building featuring ten individual office spaces, a shared 540 square foot conference room, a 300 square foot reception area with receptionist services, and a break room, the property's potential extends beyond its existing structure. The building boasts a private rear entrance, ample parking, and is handicapped accessible. Utilities, including electricity and water, are provided by the landlord. A one-year lease is required for tenants. Further enhancing the property's value is an additional parking lot situated on Bilbo Street, measuring approximately 52 x 199 feet. This combined offering presents a unique opportunity for investors seeking a prime location with significant development potential in a thriving downtown setting. The asking price for this remarkable property is $1,100,000. Showings are by appointment only.

    Property Features for 1111 Ryan St

    General Information

    Property type
    Land

    HighLights

    • $1,100,000 asking price.
    • 13,504 sq ft lot.
    • Special purpose commercial land in Lake Charles, LA.
    • 6,328 sq ft office building with 10 offices, near the courthouse.
    • Amenities include a shared conference room, reception area, break room, private entrance, ample parking, and handicap accessibility.
    • Includes additional 52x199 m/l parking lot on Bilbo Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thibodeaux Harold L Criminal Justice Attorney Vamvoras Glen Attorney Law Office of Hillary ... Family Law Attorney White Richard F Attorney Ward III H ... Attorney

    Suggested Use

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

    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
    -93.2175654
    Latitude
    30.2245137

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    FAQs

    What type of property is this?
    Land - Prime Downtown Location, 13,504 sq ft
    Where is this land located?
    The property is located at 1111 Ryan St 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: $1,100,000 asking price.; 13,504 sq ft lot.; Special purpose commercial land in Lake Charles, LA.
    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
    1111 Ryan St Lake Charles, LA 70601
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