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    1001 Prien Lake Rd Lake Charles, LA 70601

    For Sale
    $74,999

    Prime 0.14-acre lot, fenced, concrete, lease option.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial property, located at 1001 E Prien Lake Rd in Lake Charles, Louisiana, presents a unique investment opportunity. The 0.14-acre lot is ideally situated on a corner and boasts a significant advantage: it's entirely paved with concrete and currently enclosed by a fence. While the fence is easily removable to suit the buyer's needs, it offers immediate security and defines the property boundaries. The property's APN is 00349844. Situated in Calcasieu Parish, zip code 70601, this location offers excellent visibility and accessibility. The asking price for this ready-to-develop land is $74,999. Prospective buyers are responsible for independently verifying the designated zoning use with the City of Lake Charles to ensure it aligns with their intended business plans. A compelling alternative to outright purchase is the availability of a lease option at a monthly rate of $1,000. This versatile property is perfect for entrepreneurs seeking a strategic location to establish their business. The property's convenient location and existing infrastructure make it an attractive proposition for a variety of commercial ventures.

    Property Features for 1001 Prien Lake Rd

    General Information

    Property type
    Land
    Lot Size
    6,098 SF

    HighLights

    • $74,999 asking price.
    • 0.14‑acre commercial land parcel.
    • Located at 1001 E Prien Lake Rd, Lake Charles, LA 70601 (APN 00349844).
    • Completely concrete and currently fenced.
    • Lease option available at $1,000/month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freedom Automotive Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -93.2068138
    Latitude
    30.1985768

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    FAQs

    What type of property is this?
    Land - Prime 0.14-acre lot, fenced, concrete, lease option.
    Where is this land located?
    The property is located at 1001 Prien Lake Rd Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $74,999.
    What are key features of this property?
    This property features: $74,999 asking price.; 0.14-acre commercial land parcel.; Located at 1001 E Prien Lake Rd, Lake Charles, LA 70601 (APN 00349844).
    Request Owner's contact information
    1001 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
    1001 Prien Lake Rd Lake Charles, LA 70601
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