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3030 La-14 Lake Charles, LA 70601

OFF-MARKET Retail properties & Spaces Google Maps
10,064 SF
Estimated value
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Property ID

Property summary

AI-generated overview

This 10,064 square foot free-standing retail building in Lake Charles, Louisiana, presents a compelling investment opportunity. Completely renovated in 2021, the property boasts a new roof, walls, lighting, electrical, and HVAC systems. The interior layout is highly functional, featuring a spacious sales floor or showroom, two offices, a substantial stockroom/storage area with an 8x8 roll-up door and approximately 15-foot ceilings, and two restrooms. Additional amenities include a break room, security room, and server room, enhancing operational efficiency. Located on a 0.72-acre lot at 3030 LA-14, the property benefits from excellent visibility and convenient access to Gerstner Memorial Highway (LA Hwy 14), just north of the I-210 Loop. The property is zoned for business use and offers a turnkey solution for a variety of retail ventures. Lake Charles's diverse economy, including significant petrochemical and gaming industries, ensures a robust market. The asking price is $1,185,000, translating to $117.75 per square foot. This property is currently vacant, providing immediate occupancy for a new tenant or owner-operator. The strategic location and recent renovations make this an exceptional opportunity for investors seeking a high-return retail asset in a thriving Louisiana market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,064 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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