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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1920 La-14 Lake Charles, LA 70601

4,581 SF 1 ac lot Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1980
Total area 4,581 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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