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    227 Hwy 171 Lake Charles, LA 70611
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    Property profile & analytics

    227 Hwy 171 Lake Charles, LA 70611

    View on Map
    • Strip malls
    Off-Market
    Property ID
    US36-0310629
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 227 Hwy 171

    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    736
    APU
    736

    Description

    This exceptional commercial property, located at 227 Highway 171 N in Lake Charles, Louisiana, presents a compelling investment opportunity. Situated on a substantial 39,474 square foot lot, this property enjoys a highly visible location along Highway 171, boasting a daily traffic count exceeding 31,000 vehicles. Currently housing three occupied units, each secured by a five-year lease, the property offers immediate income generation and long-term stability. Two of the tenants are successful food service businesses, catering to the area's consistent demand for dining options, while the third is a retail establishment, creating a diverse tenant mix. The building itself is a well-maintained structure featuring a metal frame with a brick façade and a durable metal roof. Energy efficiency is ensured by spray foam insulation. Two convenient access points, one from Highway 171 and another from Armistead Lane, enhance visibility and accessibility. Tenants are responsible for their own signage, minimizing maintenance for the owner. This property offers a unique blend of high traffic visibility, stable income, and a well-constructed building, making it an ideal investment for discerning buyers seeking a strong return on investment in the thriving Moss Bluff market. The asking price is $2,000,000. The property is zoned for commercial use and located in Calcasieu Parish, zip code 70611.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.1958
    Latitude
    30.303
    CBSA code
    29340
    CBSA name
    LAKE CHARLES, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,880
    $13,000
    $51,530
    $64,530
    -
    $130,000
    $343,533
    $473,533

    Comparable in this City

    • Value Estimation by Request

      909 Sam Houston Jones Pkwy

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      154 School St

      SHOPPING CENTER, STRIP CENTER
      154 School St, Lake Charles, LA 70611-5645
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      325 Sam Houston Jones Pkwy

      SHOPPING CENTER, STRIP CENTER
      325 Sam Houston Jones Pkwy, Lake Charles, LA 70611-5602
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      55.00 Acres

      180 Gloria Dr

      SHOPPING CENTER, STRIP CENTER • 55.00 Acres
      180 Gloria Dr, Lake Charles, LA 70611-5053
      View Details
    • Value Estimation
      $900,000

      222 Hwy 171

      SHOPPING CENTER, STRIP CENTER
      222 Hwy 171, Lake Charles, LA 70611-5628
      View Details
    • Value Estimation by Request

      242 Hwy 171

      SHOPPING CENTER, STRIP CENTER
      242 Hwy 171, Lake Charles, LA 70611
      View Details

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    • Contact for pricing
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      Dollar General NNN Investment Property

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      Residential Land in Moss Bluff

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      Residential Land in Moss Bluff

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    Similar Nearby for Lease

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      Remodeled Retail Space in Moss Bluff

      Remodeled retail space in a busy shopping center.
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    • Contact for pricing

      Retail Space in Moss Bluff

      Premier shopping destination with high visibility and traffic.
      1355 Sam Houston Jones Pkwy, Lake Charles, LA 70611
      View Details
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    227 Hwy 171
    Lake Charles, LA 70611
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    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
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    227 Hwy 171, Lake Charles, LA, 70611
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