Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Sampson St Westlake, LA 70669

    • Mixed-use properties
    • 1,000 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for Sampson St

    Lot size
    0.35 lot acres
    Property size
    1,000 SF
    Property type
    Mixed-use properties

    Description

    This exceptional 0.35-acre mixed-use property presents a rare investment opportunity in Westlake, LA. Situated on a corner lot at 0 Sampson Street (formerly 916 Tillman), this location boasts the highest traffic count in the city, offering unparalleled visibility on the main north/south corridor. The property features approximately 140 feet of frontage on Sampson Street and 105 feet on Tillman Street, placing it directly across from St. John Bosco and adjacent to a commercial property (also for sale). A 1,000 square foot home currently leased month-to-month by Acadian Ambulance is situated on the lot

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.2577
    Latitude
    30.2398

    Comparable in this City

    • Value Estimation by Request
      370,466 SF

      3322 Westwood Rd

      Mixed-use properties • 370,466 SF
      3322 Westwood Rd, Westlake, LA 70669
      View Details
    • Value Estimation by Request
      12,287 SF

      3860 Us-90

      Distribution properties • 12,287 SF
      3860 Us-90, Westlake, LA 70669
      View Details
    • Value Estimation by Request
      1,000 SF

      916 Tillman St

      Mixed-use properties • 1,000 SF
      916 Tillman St, Westlake, LA 70669
      View Details
    • Value Estimation by Request
      0.55 Acres

      Napoleon E St

      RETAIL STORES (PERSONAL SERVICES) • 0.55 Acres
      Napoleon E St, Westlake, LA 70669
      View Details
    • Value Estimation by Request

      National Dr

      VACANT COMMERCIAL LAND
      National Dr, Westlake, LA 70669
      View Details
    • Value Estimation by Request

      Ravia Rd

      MOBILE HOME PARK, TRAILER PARK
      Ravia Rd, Westlake, LA 70669
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.30 Acres

      Residential Lot in Westlake

      Vacant lot in a family-friendly Westlake neighborhood.
      1444 Beech St, Westlake, LA 70669
      View Details
    • $982,713
      1.88 Acres

      I-10 Commercial Land, Sulphur, LA

      1.88 Acres, High-Traffic Location, I-10 Access
      0 Ruth St, Westlake, LA 70669
      View Details
    • $52,000
      0.15 Acres

      Westlake Land Near Golf Course

      Cleared lot in premier golf community with stunning golf course views.
      1757 Pelican Dr, Westlake, LA 70669
      View Details
    • $1,200,000
      9.64 Acres

      Westlake Land For Sale

      9.64 acres of industrial land near I-10 in Westlake.
      Highway 108, Westlake, LA 70669
      View Details
    • $425,000
      0.51 Acres

      Westlake Commercial Building For Sale

      Commercial building in Westlake, LA with bar and retail spaces.
      3200 Highway 108, Westlake, LA 70669
      View Details
    • $2,325,000
      5.53 Acres

      Westlake Industrial Training Facility

      Multi-use industrial facilities with expansion potential in Westlake, Louisiana.
      222 Walcot Rd, Westlake, LA 70669
      View Details

    Similar Nearby for Lease

    • $5 SF/Yr
      12,000 SF

      Westlake Industrial Flex Space

      12,000 SF Flex Space, I-10 Access
      523 Miller Ave, Westlake, LA 70669
      View Details
    • $5,000 /Mo
      143,748 SF

      Westlake Vacant Land For Lease

      Versatile light industrial-zoned vacant land available for lease in Westlake.
      3932 Houston River Rd, Westlake, LA 70669
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Sampson St
    Westlake, LA 70669
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!