523 Miller Ave Westlake, LA 70669-5627
This exceptional 12,000-square-foot flex space in Westlake, Louisiana, presents a unique investment opportunity. Situated on a 0.75-acre lot at 523 Miller Ave, 70669, this single-tenant industrial property boasts prime location advantages. Its proximity to Interstate 10 ensures easy access to major transportation routes, while its close proximity to the Horseshoe Casino & Resort offers high visibility and potential for synergistic business relationships. The property features a substantial lay-down yard, a significant portion of which is covered by a 3,750-square-foot structure with an underlying concrete slab, providing ample space for storage or outdoor operations. The warehouse itself is equipped with four 12' x 12' roll-up doors, facilitating efficient loading and unloading of goods. This property is classified as industrial, with a flex subtype, making it suitable for a variety of uses. Located in Calcasieu Parish, this property offers a blend of warehouse and yard space, ideal for businesses requiring both indoor and outdoor operational areas. The convenient location and versatile layout make this a highly desirable property for businesses seeking a strategic location in Westlake. Additional details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.