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    Property profile & analytics

    500 Miller Ave Westlake, LA 70669

    • Commercial real estate
    • 2.18 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US36-1412155
    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 500 Miller Ave

    Lot size
    2.18 lot acres
    Property type
    Commercial real estate
    APN
    1337122
    APU
    1337122

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westlake
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.0076
    Latitude
    30.2453
    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
    $2,304
    $4,990
    $17,390
    $22,380
    -
    $49,900
    $115,933
    $165,833

    Comparable in this City

    • Value Estimation by Request

      1415 Beech St

      COMMERCIAL (GENERAL)
      1415 Beech St, Westlake, LA 70669-4101
      View Details
    • Value Estimation by Request

      533 Miller Ave

      COMMERCIAL (GENERAL)
      533 Miller Ave, Westlake, LA 70669
      View Details
    • Value Estimation by Request

      1604 Mckinley St

      COMMERCIAL (GENERAL)
      1604 Mckinley St, Westlake, LA 70669-4926
      View Details
    • Value Estimation by Request
      4,500 SF

      2540 Miller Ave

      Commercial real estate • 4,500 SF
      2540 Miller Ave, Westlake, LA 70669
      View Details
    • Value Estimation by Request

      1101 Mckinley St

      COMMERCIAL (GENERAL)
      1101 Mckinley St, Westlake, LA 70669-5009
      View Details
    • Value Estimation by Request

      1109 Mckinley St

      COMMERCIAL (GENERAL)
      1109 Mckinley St, Westlake, LA 70669-5009
      View Details

    Similar Nearby for Sale

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      Cleared 0.21-acre lot ready for new home in Westlake.
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      Cleared lot in Westlake, LA, near golf course and amenities.
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    Similar Nearby for Lease

    • $5,000 /Mo
      143,748 SF

      Westlake Vacant Land For Lease

      Versatile light industrial-zoned vacant land available for lease in Westlake.
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    • $5 SF/Yr
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      Westlake Industrial Flex Space

      12,000 SF Flex Space, I-10 Access
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      View Details
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    500 Miller Ave
    Westlake, LA 70669
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    Realmo Value Estimation

    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.

    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.

    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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