Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Sallier St Lake Charles, LA 70601
    Back to Search
    Property profile & analytics

    Sallier St Lake Charles, LA 70601

    View on Map
    • Land
    • 1.85 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Sallier St

    Lot size
    1.85 lot acres
    Property type
    Land

    Description

    This exceptional 1.85-acre commercial land parcel presents a unique investment opportunity in Lake Charles, Louisiana. Located at the highly visible hard corner of Lake Street and West Sallier, this property boasts a prime location just three blocks from the lake and approximately a quarter-mile from Christus St. Patrick's Hospital. Its strategic position offers unparalleled convenience to downtown Lake Charles, Interstate 210, and the forthcoming Nelson Road Extension Bridge, ensuring high visibility and accessibility. The property is zoned for mixed-use development, providing flexibility for a wide range of commercial ventures. With a total land area of 1.85 acres, the asking price is $625,000, translating to a land value of $8.37 per square foot. This presents a compelling opportunity for developers seeking a strategically located site with significant potential for growth and return on investment. The property's address is TBD Lake Street at W Sallier, Lake Charles, LA 70601, in Calcasieu County. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving Louisiana market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.2324
    Latitude
    30.2129

    Comparable in this City

    • Value Estimation by Request
      4.00 Acres

      Tbd Off Contraband Pkwy

      Land • 4.00 Acres
      0 Tbd Off Contraband Pkwy, Lake Charles, LA 70601
      View Details
    • Value Estimation by Request

      1818 4Th St

      Multifamily properties
      1818 4Th St, Lake Charles, LA 70601
      View Details
    • Value Estimation by Request

      2214 Stanton St

      Manufacturing properties
      2214 Stanton St, Lake Charles, LA 70601
      View Details
    • Value Estimation by Request

      12Th St

      Land
      0 12Th St, Lake Charles, LA 70601
      View Details
    • Value Estimation by Request

      2813 Louisiana Ave

      Land
      2813 Louisiana Ave, Lake Charles, LA 70601
      View Details
    • Value Estimation by Request

      413 Cherry St

      Multifamily properties
      413 Cherry St, Lake Charles, LA 70601
      View Details

    Similar Nearby for Sale

    • $55,000
      2.75 Acres

      Land For Sale, Lake Charles

      2.75 acre land parcel in Lake Charles, Louisiana.
      Tbd Allen, Lake Charles, LA 70601
      View Details
    • $45,000
      0.15 Acres

      Lake Charles Land Opportunity

      Distressed property near I-210, ideal for redevelopment or renovation.
      2228 E Prien Lake Rd, Lake Charles, LA 70601
      View Details
    • $345,000
      0.38 Acres

      Lake Charles Multifamily Investment

      Three-building complex, high income potential.
      2712 Kirkman St, Lake Charles, LA 70601
      View Details
    • Contact for pricing
      0.11 Acres

      Vacant Lot in Lake Charles

      0.109-acre vacant lot zoned "Neighborhood" in Lake Charles, LA.
      Fournet St, Lake Charles, LA 70601
      View Details
    • Contact for pricing
      0.11 Acres

      Development Ready Lot For Sale

      Well-located lot ready for development with city sewer tap.
      2 Common St, Lake Charles, LA 70601
      View Details
    • $72,000
      0.20 Acres

      Land in Pedestrian-Friendly Community

      Land in Lake Charles, close to downtown and lake front.
      2203 St, Lake Charles, LA 70601
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      11,761 SF

      Cleared Land Ready for Development

      0.27 acre commercial land for lease in Lake Charles.
      806 17Th St, Lake Charles, LA 70601
      View Details
    • Contact for pricing

      Industrial Park in Lake Charles

      Modern industrial park with easy access to major transportation routes.
      208 Malcolm St, Lake Charles, LA 70601
      View Details
    • $18 SF/Yr

      Prime Retail Space in Lake Charles

      Retail space in a busy shopping center with ample parking.
      2801 Ryan St, Lake Charles, LA 70601
      View Details
    • $5,500 /Mo

      Restored Office Space in Downtown

      Beautifully restored office space in the historic district.
      822 Ford St, Lake Charles, LA 70601
      View Details
    • $22 SF/Yr

      Medical Office Space on Lakeshore

      Medical office space for rent near hospitals in Lake Charles.
      831 Lake Shore Dr, Lake Charles, LA 70601
      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.
    Sallier St
    Lake Charles, LA 70601
    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

    Thank You for Inquiry
    Sallier St, Lake Charles, LA, 70601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!