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Property profile & analytics
FOR SALE
Medical Office Space

510 W 18Th St Lake Charles, LA 70601

Individually Owned Free & Clear
Property ID
US36-0657825
Property summary
AI-generated overview

This 2,400 square foot Class B/C commercial or medical building in Lake Charles, Louisiana, is available for $270,289. Located at 510 W 18th Street, 70601, this property boasts a spacious lobby, executive and reception offices, multiple exam rooms, and ample storage. Ten parking spaces are available (seven in front, three in the rear). The building has been owner-occupied since 2004 and is being offered due to the owner's expansion needs. Municipal water and sewer services are included, along with trash pickup (two cans) through Republic Services for a monthly fee of $159. Annual property taxes are $1,317. Situated in Flood Zone X, flood insurance is typically not required. This property presents a highly affordable opportunity for a diverse range of commercial or medical businesses. The building offers a well-established presence in a convenient location within Calcasieu Parish. This is an excellent chance to acquire a ready-to-use space with existing infrastructure and ample parking. The property's history of consistent occupancy speaks to its desirability and potential for continued success.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
APN 402168
UPID US36-0657825
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ABC Pregnancy Resource Center Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
ABC PREGNANCY RESOUR
ABC PREGNANCY RESOUR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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