1920 La-14 Lake Charles, LA 70601
This exceptional 4,581 square foot retail or mixed-use property, located at 1920 LA-14 in Lake Charles, Louisiana, presents a unique investment opportunity. Formerly a bank branch, this freestanding building, constructed in 1980, sits on a one-acre lot and offers ample parking with 26 spaces. The property is currently 100% vacant, providing immediate potential for redevelopment or lease. A key feature is the inclusion of a functional ATM, with the possibility of negotiating a lease-back option for continued ATM operation. The building boasts a convenient drive-thru, adding to its versatility and appeal. Situated on a high-traffic area, with approximately 22,259 vehicles passing daily on Gerstner Memorial Drive, this location offers excellent visibility and accessibility. The property's zoning allows for a variety of uses, making it an ideal investment for entrepreneurs and developers seeking a strategic location in a thriving market. This is a rare opportunity to acquire a well-maintained building with significant potential in a prime Lake Charles location. The property is available for sale and offers a blank canvas for your next venture. All utilities are available. The property is located in Calcasieu Parish, Louisiana, zip code 70601.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.