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    Nelson Rd Lake Charles, LA 70601

    Sponsored
    For Sale
    $3,450,000

    5 Acres near Casinos, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre commercial land parcel presents a remarkable investment opportunity in Lake Charles, Louisiana. Boasting approximately 250 feet of frontage on L'Auberge Boulevard (formerly Nelson Road), this property enjoys unparalleled visibility and accessibility. Its prime location places it within close proximity to major thoroughfares including I-210, Lake Street, and Contraband Parkway, further enhanced by the future completion of the Nelson Road Extension Bridge. The site's strategic position near two prominent casinos and resorts, along with over 15 hotels totaling more than 3300 rooms within a 2-mile radius, guarantees high traffic and significant potential for a variety of commercial ventures. Ideal uses include hotels, restaurants, retail establishments, or entertainment venues. The property is zoned for business use and, excluding a small area along an eastern drainage lateral, is largely free of wetlands. All acreage and dimensions are approximate. This is a rare chance to acquire a substantial commercial land holding in a thriving, high-growth area. The asking price is $3,450,000.

    Property Features for 0 Nelson Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre commercial land parcel in Lake Charles, LA.
    • 250 ft of frontage on L'Auberge Boulevard, offering high visibility and accessibility.
    • Prime location near I‑210, Lake Street, and Contraband Parkway, plus future Nelson Road Extension Bridge.
    • High traffic area near casinos, resorts, and over 15 hotels (3300+ rooms) within 2 miles.
    • Zoned for business use; mostly wetlands‑free.
    • Asking price: $3,450,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.249554517113
    Latitude
    30.200728623441

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    FAQs

    What type of property is this?
    Land - 5 Acres near Casinos, High Traffic
    Where is this land located?
    The property is located at Nelson Rd Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: 5-acre commercial land parcel in Lake Charles, LA.; 250 ft of frontage on L'Auberge Boulevard, offering high visibility and accessibility.; Prime location near I-210, Lake Street, and Contraband Parkway, plus future Nelson Road Extension Bridge.
    Request Owner's contact information
    Nelson Rd 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
    Nelson Rd Lake Charles, LA 70601
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