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    Prien Lake Rd Lake Charles, LA 70601

    For Sale
    $550,000

    1.86 Acres, Prime Location, $550K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.86-acre commercial and residential land parcel is strategically located on E Prien Lake Rd in Lake Charles, Louisiana, offering significant development potential. The property boasts approximately 550 feet of road frontage, ensuring high visibility and accessibility. Its prime location provides easy access to key amenities and infrastructure, including a three-minute or less drive to Lake Charles Power Center, Memorial Hospital, and the I-210 on-ramp. Within a ten-minute radius, you'll find McNeese State University, Morganfield Development, Mallard Cove Golf Course, Interstate I-10, and the L'Auberge and Golden Nugget Casino Resorts. The surrounding areas, including 5th Ave, Louisiana Ave, and Southpark Dr, are projected to experience positive population growth over the next five years, further enhancing the property's long-term value. The land is zoned MU, offering flexibility for various development options. The asking price is $550,000, with a land value of $6.79 per square foot. This presents a compelling investment opportunity in a thriving Louisiana market. The property's proximity to major roadways, commercial centers, and residential areas makes it an ideal location for a wide range of commercial and residential projects. This is a rare opportunity to acquire a significant land parcel in a high-growth area of Lake Charles. The zip code is 70601.

    Property Features for 0 Prien Lake Rd

    General Information

    Property type
    Land
    Lot Size
    81,022 SF

    HighLights

    • $550,000 asking price for 1.86 acres of land.
    • MU zoning.
    • $6.79/SF land value.
    • Located on E Prien Lake Rd in Lake Charles, LA, 70601.
    • Excellent access to major roadways, including I‑10 and local thoroughfares.
    • Proximity to Lake Charles Power Center, Memorial Hospital, McNeese State University, and casinos.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.19707
    Latitude
    30.198202

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    FAQs

    What type of property is this?
    Land - 1.86 Acres, Prime Location, $550K
    Where is this land located?
    The property is located at Prien Lake Rd Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price for 1.86 acres of land.; MU zoning.; $6.79/SF land value.
    (337) 263-2397
    Request Owner's contact information
    Prien Lake Rd Lake Charles, LA 70601
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    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
    Prien Lake Rd Lake Charles, LA 70601
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