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    420 Mcneese St Lake Charles, LA 70605-5566

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    420 Mcneese St Lake Charles, LA 70605-5566


    • Retail space
    Off-Market
    Property ID
    US36-1401223
    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

    • Platinum Affairs Catering & Event Planning / Take-out & Catering / Catering Service
    • Gaudee Maudee / Clothing Store / Children'S Clothing Store
    • Primary Billing Services / Financial Advisor
    • Southwest Graphics / (Bike/Boat/Book/etc) Store / Printing Service

    Property Details for 420 Mcneese St

    Property type
    Retail space
    APN
    390399
    APU
    390399

    Description

    This exceptional commercial property, located at 420 W McNeese St in Lake Charles, Louisiana, presents a compelling investment opportunity. The 5,940 square foot building sits on a 0.46-acre lot and features four versatile units, each with its own restroom, separate electrical meter, and central AC system. The front building is constructed of brick, while the rear is a metal structure, both boasting a recently coated metal roof (2022) with a 10-year warranty from Bison Coating. Each unit also includes a gas-powered water heater. Recent renovations include new flooring, walls, exterior paint, windows, toilets, sinks, back exit doors, and warehouse garage doors. Ample parking is available in the front, side, and rear, all enclosed by new fencing. Security system wiring is pre-installed. The property's prime location on McNeese Street, near McNeese State University, ensures high visibility and traffic. Previously rented units commanded $800-$1,500 per month, indicating strong potential for rental income growth. The property's APN is 00390399. This is a turnkey investment opportunity in a desirable area of Lake Charles. The asking price is $430,000 ($72.39/sq ft).


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    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.2258
    Latitude
    30.1765
    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
    $2,702
    $15,950
    $11,930
    $27,880
    -
    $159,500
    $79,533
    $239,033
    More about this property
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