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Property profile & analytics
OFF-MARKET
Specialty properties

860 Gerstner Memorial Dr Lake Charles, LA 70601

3,600 SF 0.36 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 860 Gerstner Memorial Dr. in Lake Charles, Louisiana, presents a unique investment opportunity. The 0.36-acre lot features a 3,600 square foot building, previously utilized as a mechanic shop. The structure boasts several practical features ideal for a variety of commercial uses. These include insulation, a sizable interior loft ranging from 3 to 14 feet in height, and convenient roll-up doors situated at both the front and rear of the building. While the rear awning requires repair, the overall structure offers significant potential. The property's zoning and permitted uses should be independently verified. The asking price for this versatile commercial property is $395,000. The property is situated in Calcasieu Parish, Louisiana, with a zip code of 70601. Its prime location in Lake Charles offers excellent access to local businesses and transportation routes. This property is listed under MLS# SWL24005155. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile
Verified
Property type Specialty properties
Total area 3,600 SF
Lot 0.36 ac (15,682 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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