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    Property profile & analytics

    813 3Rd St Lake Charles, LA 70601

    • Strip malls
    For Sale
    View listing
    $497,500
    Value Estimation
    Last Sale
    Jul 11, 2024
    $170,000
    Location Intelligence
    Property ID
    US36-1453668
    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

    • Lake Charles Furniture / Furniture Store / Bedroom Furniture Store

    Property Details for 813 3Rd St

    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    836729
    APU
    836729

    Description

    This exceptional commercial property at 813 3rd Avenue in Lake Charles, Louisiana, presents a unique investment opportunity. Located in the heart of downtown, this 9,800 square foot building enjoys high visibility from its corner lot and benefits from easy access to Interstate 10. Currently operating as a successful furniture store, the property offers a turnkey solution for prospective buyers. The seller is retiring, providing the option to continue the existing business or adapt the space to suit a new venture. The building features a recently updated metal roof and air conditioning system, ensuring reliable infrastructure. Multiple bathrooms and offices are included, catering to diverse business needs. This property is ideally suited for a range of commercial uses and represents a strong investment in a growing market. The asking price is $497,500. The property is zoned for commercial and manufacturing uses and sits on a sizable lot in Calcasieu Parish, zip code 70601. Don't miss this chance to own a thriving business and prime real estate in a vibrant Louisiana city.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $170,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $195,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $230,000
      Mixed-Use
      $240,000
      Hospitality
      $215,000
      Educational
      $210,000
      Residential Income
      $215,000
      Energy
      $225,000
      Income-Based Land
      $200,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.1959
    Latitude
    30.2267
    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
    $2,564
    $2,890
    $19,290
    $22,180
    -
    $28,900
    $128,600
    $157,500

    Comparable in this City

    • Value Estimation by Request

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      313 Broad St

      SHOPPING CENTER, STRIP CENTER
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      2615 Gerstner Memorial Dr

      SHOPPING CENTER, STRIP CENTER
      2615 Gerstner Memorial Dr, Lake Charles, LA 70601-8071
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      308 Prien Lk Rd

      SHOPPING CENTER, STRIP CENTER
      308 Prien Lk Rd, Lake Charles, LA 70601-8505
      View Details
    • Value Estimation by Request

      1419 Prien Lk Rd

      SHOPPING CENTER, STRIP CENTER
      1419 Prien Lk Rd, Lake Charles, LA 70601-8855
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail Space in Prien Lake

      Retail space available in market-dominant Prien Lake Shopping Center.
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    813 3Rd St
    Lake Charles, LA 70601
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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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