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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2808 Highway 14 Lake Charles, LA 70607

    • Commercial real estate
    • 1.32 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0454721
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2808 Highway 14

    Lot size
    1.32 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.32-acre commercial land parcel is strategically located at 2808 Highway 14 E in Lake Charles, Louisiana, zip code 70607. Boasting a highly desirable C1 light commercial zoning designation, this property presents a remarkable opportunity for diverse commercial ventures. Its prime location offers excellent visibility and accessibility, situated conveniently between Gerstner Memorial Boulevard and Highway 14 East. The expansive lot size provides ample space for a wide range of development possibilities, catering to businesses seeking significant room for operations and expansion. The property's zoning allows for a variety of uses, making it an attractive investment for entrepreneurs and developers alike. This is a rare chance to acquire a substantial piece of commercial real estate in a thriving Louisiana market. The asking price for this exceptional property is $294,000. Serious inquiries are encouraged to explore the full potential of this versatile and strategically located land parcel. The property's address is easily accessible via major roadways, ensuring convenient access for both employees and customers. This presents a unique opportunity to establish a strong commercial presence in a high-traffic area.

    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
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.1711932
    Latitude
    30.1584419

    Comparable in this City

    • $2,200,000

      Lake Charles Commercial Complex

      Massive Event Venue & Warehouse
      3450 5Th Ave, Lake Charles, LA 70607
      View Details
    • $426,600
      35.55 Acres

      Lake Charles Land: 35 Acres

      Prime 35-acre residential lot in Lake Charles, LA.
      0 Cal Cam Line Rd, Lake Charles, LA 70607
      View Details
    • $39,900
      0.19 Acres

      Residential Lot in Lake Charles

      Vacant residential lot suitable for building a new home.
      705 Derouen St, Lake Charles, LA 70607
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    • $963,105
      2.01 Acres

      Prime Commercial Land Available

      2.01 acres in Lake Charles Power Center.
      3900 Highway 14, Lake Charles, LA 70607
      View Details
    • Contact for pricing
      0.50 Acres

      Residential Land in Lake Charles

      Cleared residential land for sale in a quiet setting.
      Addison Loop, Lake Charles, LA 70607
      View Details
    • Contact for pricing
      0.42 Acres

      Residential Land in Lake Charles

      Cleared residential land for sale in Lake Charles, Louisiana.
      Addison Loop, Lake Charles, LA 70607
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Lake Charles Commercial Complex

      Massive Event Venue & Warehouse
      3450 5Th Ave, Lake Charles, LA 70607
      View Details
    • $525,000

      Lake Charles Outparcel: Prime Retail Land

      High-traffic retail land, excellent visibility.
      3153 Derek Dr, Lake Charles, LA 70607
      View Details
    • Contact for pricing
      0.30 Acres

      Lake Charles Commercial Land

      Prime commercial lots, ideal for development.
      0 Mcneese St, Lake Charles, LA 70607
      View Details
    • Contact for pricing
      0.23 Acres

      Residential Lot in Lake Charles

      0.232-acre lot, ideal for building a single-family residence.
      Link Rd, Lake Charles, LA 70607
      View Details
    • $49,900
      1.51 Acres

      Land Parcel in Grand Lake

      Land parcels available for building a home in Cameron Parish.
      Grand Lake, LA 70607
      View Details
    • $49,900
      1.51 Acres

      Land Available in Grand Lake

      Multiple land parcels available for building your dream home.
      Grand Lake, LA 70607
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      1,500 SF

      McNeese Street Retail Endcap

      Lake Charles retail space, 1500 sq ft.
      1520 Mcneese St, Lake Charles, LA 70607
      View Details
    • $5,500 /Mo
      4,712 SF

      Retail Space in Lake Charles

      Retail space available in high-traffic Lake Charles retail corridor.
      2615 Dillard Loop, Lake Charles, LA 70607
      View Details
    • $27 SF/Yr
      7,771 SF

      Lake Charles Medical Office Space

      Prime Medical Office Space Available Now
      2625 Dillard Lp, Lake Charles, LA 70607
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    • $12 SF/Yr
      208,321 SF

      Lake Charles Power Center Retail Space

      Prime Retail Space, I-210 & Hwy 14
      3407 Derek Dr, Lake Charles, LA 70607
      View Details
    • $4 SF/Yr
      10,025 SF

      Lake Charles Warehouse - 10,025 SF

      High-bay warehouse, excellent location.
      3625 La-14, Lake Charles, LA 70607
      View Details
    • $23 SF/Yr
      15,000 SF

      Lake Charles Retail Opportunity

      Prime Retail Space, High Traffic Area
      1530 Mcneese St, Lake Charles, LA 70607
      View Details
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    2808 Highway 14
    Lake Charles, LA 70607
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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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