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    111 Lagrange St Lake Charles, LA 70605

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    For Sale
    Contact for pricing

    1.1-acre lot, high-traffic location, $12/SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.1-acre commercial land parcel presents a unique investment opportunity in Lake Charles, Louisiana. Located at 111 W Lagrange St, this property boasts a highly desirable location, benefiting from significant pedestrian traffic generated by nearby Prien Lake Mall, Lagrange High School, and several prominent shopping centers anchored by Target, Walmart, and Books-A-Million. The property is zoned for business/residential use, offering flexibility for a variety of development projects. Priced competitively at $12 per square foot, this represents a compelling value proposition for developers seeking a high-potential site. The address encompasses both 109 and 111 West Lagrange Street. The lot is situated in Flood Zone X. This prime location offers excellent visibility and accessibility, making it an ideal site for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional property and capitalize on its strategic location and competitive pricing. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving Louisiana market.

    Property Features for 111 Lagrange St

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • 1.1‑acre vacant land parcel in Lake Charles, LA.
    • Zoned for business/residential use.
    • Located in Flood Zone X.
    • Priced at $12 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    All American Lawn ... Landscaper

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -93.2198357
    Latitude
    30.1942838

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    FAQs

    What type of property is this?
    Land - 1.1-acre lot, high-traffic location, $12/SF
    Where is this land located?
    The property is located at 111 Lagrange St Lake Charles, LA.
    What are key features of this property?
    This property features: 1.1-acre vacant land parcel in Lake Charles, LA.; Zoned for business/residential use.; Located in Flood Zone X.
    (337) 310-7333
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    111 Lagrange St Lake Charles, LA 70605
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    Lake Charles, LA 70605
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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
    111 Lagrange St Lake Charles, LA 70605
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