Financial
Distress signals
Property profile

502 7Th St Lake Charles, LA 70601

FOR SALE
Warehouses
Property ID
US36-1356053
Last sale Aug 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Lake Charles, Louisiana property, located at 502 7th St, presents a unique investment opportunity encompassing 33,000 square feet of versatile space. Situated on a 1.39-acre lot within city limits, at the corner of 7th and Hodges Streets, this building offers a compelling blend of industrial and office functionality. Built in 1980 and zoned for industrial use, the property features a substantial warehouse area perfectly suited for businesses requiring significant storage

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$62k
Assessed land$9k
Assessed improvement$53k
Effective rate11.56%

Value estimate

· Sep 2026
$580k
$522k – $638k
NOI build-up
Gross scheduled income$313k
Vacancy & credit loss−$21k
Operating expenses−$87k
NOI · 17.01% cap applied$204k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
17.01%
$204k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCALCASIEU

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.6
Locksmith9.1
Acupuncture8.6

Location

502 7Th St Lake Charles, LA 70601
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
828 4th, Lake Charles, LA 70601-4731 $770,000 Jan 2026 N/A
707 4th, Lake Charles, LA 70601-2222 $105,000 Oct 2022 N/A
3243 Burton, Lake Charles, LA 70601 $150,000 Mar 2022 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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