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    3105 Lake St Lake Charles, LA 70601

    Sponsored
    For Sale
    $745,000

    High-Yield Office Building, 4,960 SF

    Property size:
    4,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property at 3105 Lake St, Lake Charles, LA 70601, presents a compelling investment opportunity. The 4,960 square foot office building sits on a 0.52-acre lot and offers a substantial income stream thanks to its fully rented 16 offices with long-term tenants. The property boasts a well-maintained concrete parking lot with ample space for 32 vehicles, ensuring convenient parking for tenants and visitors. Adding to its appeal are attractive interior features designed to enhance tenant satisfaction and retention, including a welcoming lobby, a dedicated reception area, a spacious conference room perfect for meetings and presentations, and a fully equipped kitchen. The exterior is professionally landscaped, creating a pleasant and inviting atmosphere. The asking price for this turnkey investment is $745,000. This property is a rare find in the Lake Charles market, offering a stable income stream and significant potential for long-term growth. The property's location in Calcasieu Parish provides easy access to major roadways and local amenities. This is an excellent opportunity for investors seeking a reliable and profitable addition to their portfolio. The MLS number is SWL24005536.

    Property Features for 3105 Lake St

    General Information

    Property type
    Land
    Square Feet
    4,960 SF
    Lot Size
    22,651 SF

    HighLights

    • 4,960 SF office building on a 0.52‑acre lot in Lake Charles, LA.
    • Fully rented with 16 offices and long‑term tenants, generating substantial income.
    • 32‑space concrete parking lot.
    • Attractive interior features including a lobby, reception area, conference room, and kitchen.
    • Professionally landscaped exterior; asking price: $745,000; MLS# SWL24005536.
    Property Profile Location Intelligence

    Current Use by Public Records

    New York Life ... Life Insurance Agency New York Life: ... Insurance Agency Deep South Restoration Water Damage Restoration Service Bespoke Drafting, LLC Drafting Service Cajun Fab Construction General Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -93.2318612
    Latitude
    30.2004406

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    FAQs

    What type of property is this?
    Land - High-Yield Office Building, 4,960 SF
    Where is this land located?
    The property is located at 3105 Lake St Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: 4,960 SF office building on a 0.52-acre lot in Lake Charles, LA.; Fully rented with 16 offices and long-term tenants, generating substantial income.; 32-space concrete parking lot.
    Request Owner's contact information
    3105 Lake St Lake Charles, LA 70601
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    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
    3105 Lake St Lake Charles, LA 70601
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