Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    711 11th St Lake Charles, LA 70601-6262

    • Day care centers
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-1498621
    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

    • Little Blesings, LLC / Daycare Center
    • Onederful Beginnings LLC / Daycare Center

    Property Details for 711 11th St

    Property type
    Day care centers
    APN
    558761
    APU
    558761

    Description

    This single-story, 2,725-square-foot commercial building is located at 711 11th Street, Lake Charles, LA 70601. Situated on a 0.28-acre lot (APN 00558761), this property is zoned for commercial use and offers significant potential for various businesses. Previously used as a daycare, the building is currently furnished accordingly, but its adaptable layout makes it suitable for a wide range of commercial applications. The building includes three bathrooms, one of which is ADA compliant. Safety features include a fire alarm and smoke detection system, as well as a security system. A handicapped-accessible ramp provides convenient entry. All movable equipment is included in the sale, although the seller is willing to remove it upon request. The property is being sold "as is," with no repairs provided by the seller. Prospective buyers are responsible for verifying permitted uses with the relevant local authorities. This presents a unique opportunity to acquire a well-maintained commercial space in a desirable location at an attractive price.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.2106
    Latitude
    30.2145
    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
    $889
    $2,060
    $5,630
    $7,690
    -
    $20,600
    $37,533
    $58,133

    Comparable in this City

    • Value Estimation by Request

      1623 Ml St

      DAY CARE, PRE-SCHOOL
      1623 Ml St, Lake Charles, LA 70601-3350
      View Details
    • Value Estimation by Request

      2129 Ml St

      DAY CARE, PRE-SCHOOL
      2129 Ml St, Lake Charles, LA 70601-3557
      View Details
    • Value Estimation by Request

      2508 Cmn St

      DAY CARE, PRE-SCHOOL
      2508 Cmn St, Lake Charles, LA 70601-7429
      View Details
    • Value Estimation by Request

      1902 Prien Lk Rd

      DAY CARE, PRE-SCHOOL
      1902 Prien Lk Rd, Lake Charles, LA 70601-7872
      View Details
    • Value Estimation by Request

      1400 Enterprise Blvd

      DAY CARE, PRE-SCHOOL
      1400 Enterprise Blvd, Lake Charles, LA 70601-6326
      View Details
    • Value Estimation by Request

      328 Goos St

      DAY CARE, PRE-SCHOOL
      328 Goos St, Lake Charles, LA 70601-3408
      View Details

    Similar Nearby for Sale

    • $225,000

      Versatile Commercial Building with Extra Lot

      Commercial building suitable for office, daycare, gym, or restaurant use.
      914 Broad St, Lake Charles, LA 70601
      View Details
    • $65,000

      Lake Charles Commercial Property

      Investment Opportunity: 1200 sq ft, 3/2
      608 Alamo St, Lake Charles, LA 70601
      View Details
    • $325,000

      Lake Charles Commercial Land Investment

      Prime Lake Charles 4-plex, $325K
      3001 Hodges St, Lake Charles, LA 70601
      View Details
    • $900,000
      12,000 SF

      Lake Charles Executive Office Building

      12,000 SF Office, Event Venue, Ample Parking
      1639 Ryan St, Lake Charles, LA 70601
      View Details
    • $325,000
      14,786 SF

      Lake Charles Church For Sale

      Church facility on 1.64 acres near Huber Park.
      2525 2Nd Ave, Lake Charles, LA 70601
      View Details
    • $125,000

      Lake Charles Industrial Property

      Dual-unit commercial/manufacturing land
      2214 Stanton St, Lake Charles, LA 70601
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      5,500 SF

      Lake Charles Executive Office Space

      Prime location, 5,500 sq ft office.
      1702 Oak Park Blvd, Lake Charles, LA 70601
      View Details
    • $7 SF/Yr
      6,000 SF

      Lake Charles Office Building For Sale/Lease

      6,000 sq ft Office/Warehouse, Great Location
      2501 6Th St, Lake Charles, LA 70601
      View Details
    • Contact for pricing
      19,210 SF

      Lake Charles Executive Office Suites

      Prime Lake Charles Office Space Available
      2122 Hodges St, Lake Charles, LA 70601
      View Details
    • $28 SF/Yr
      35,555 SF

      Lake Charles Executive Office Space

      Prime Downtown Lake Charles Office/Retail
      710 Ryan St, Lake Charles, LA 70601
      View Details
    • Contact for pricing
      1,000 SF

      Grocery Anchored Shopping Center Space

      Prime retail space in Lake Charles's premier shopping destination.
      2950 Ryan St, Lake Charles, LA 70601
      View Details
    • $10 SF/Yr
      18,000 SF

      Lake Charles Industrial Space Available

      18,000 SF Manufacturing Space in LA
      208 Malcolm St, Lake Charles, LA 70601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    711 11th St
    Lake Charles, LA 70601-6262
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.