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    3153 Derek Dr Lake Charles, LA 70607

    Sponsored
    For Sale
    $525,000

    High-traffic retail land, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.5-acre (65,340 sq ft) commercial land parcel presents a remarkable investment opportunity in Lake Charles, Louisiana. Strategically located at 3153 Derek Dr, 70607, this property boasts 100 feet of frontage on an existing sidewalk and parking lot, ensuring high visibility and accessibility for potential businesses. The land is situated between Lowe's and Academy Sports, within a Shoe Carnival-anchored strip center, guaranteeing significant foot traffic and brand synergy. The asking price is $525,000, translating to a land value of $8.03 per square foot. The property's APN is 01349117B. This prime location in Calcasieu Parish offers unparalleled potential for retail development, providing immediate access to a thriving consumer base. The substantial lot size and prime positioning make this an exceptional opportunity for investors seeking high-return commercial real estate in a rapidly growing market. Don't miss this chance to acquire a highly desirable outparcel in a well-established retail corridor.

    Property Features for 3153 Derek Dr

    General Information

    Property type
    Land

    HighLights

    • Lake Charles outparcel for sale.
    • 1.5‑acre site (65,340 SF).
    • Located between Lowe's and Academy Sports.
    • Part of a Shoe Carnival‑anchored shopping center.
    • 100 feet of frontage with existing sidewalk and parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.172659843998
    Latitude
    30.192892359673

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, excellent visibility.
    Where is this land located?
    The property is located at 3153 Derek Dr Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Lake Charles outparcel for sale.; 1.5-acre site (65,340 SF).; Located between Lowe's and Academy Sports.
    Request Owner's contact information
    3153 Derek Dr Lake Charles, LA 70607
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    Lake Charles, LA 70607
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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
    3153 Derek Dr Lake Charles, LA 70607
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