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    3.85 acres Tbd Contraband Pkwy Lake Charles, LA 70601

    For Sale
    $1,575,000

    Prime Contraband Parkway location; ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3.85-acre commercial land parcel presents a remarkable investment opportunity in Lake Charles, Louisiana. Situated on Contraband Parkway, this property boasts a highly desirable location with excellent visibility and accessibility. Zoned for business use, the land offers significant potential for a variety of developments, including hotels, restaurants, townhomes, or mixed-use projects. The asking price is $1,575,000, translating to a land value of $13.25 per square foot. This represents a compelling value proposition given the property's prime location and development potential. The expansive lot size provides ample space for large-scale projects, allowing for significant flexibility in design and construction. Detailed site plans and zoning information are readily available upon request. This property is perfectly positioned to capitalize on the growing commercial activity in the Lake Charles area. Further information can be found at ContrabandPointe.com. The property address is TBD Contraband Parkway, Lake Charles, LA 70601, located in Calcasieu County. This is a rare opportunity to acquire a significant commercial land parcel in a thriving market.

    Property Features for 3.85 acres Tbd Contraband Pkwy

    General Information

    Property type
    Land
    Lot Size
    167,706 SF

    HighLights

    • $1,575,000 asking price.
    • 3.85‑acre commercial land parcel.
    • Business zoning.
    • Located on Contraband Parkway in Lake Charles, LA, zip code 70601.
    • $13.25/SF land value.
    • Ideal for hotel, restaurant, townhomes, or mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.247538
    Latitude
    30.202078

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    FAQs

    What type of property is this?
    Land - Prime Contraband Parkway location; ideal for development.
    Where is this land located?
    The property is located at 3.85 acres Tbd Contraband Pkwy Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: $1,575,000 asking price.; 3.85-acre commercial land parcel.; Business zoning.
    Request Owner's contact information
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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
    3.85 acres Tbd Contraband Pkwy Lake Charles, LA 70601
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