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    Tbd Off Contraband Pkwy Lake Charles, LA 70601

    Sponsored
    For Sale
    $1,300,000

    4 Acres, Bayou Frontage, $1.3M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4-acre commercial land parcel presents a unique investment opportunity in Lake Charles, Louisiana. Located off Contraband Parkway with convenient access, the property boasts approximately 800 feet of frontage along the picturesque Contraband Bayou. Zoned for business use, this expansive lot offers significant potential for a variety of commercial developments, taking advantage of its prime waterfront location. The asking price is $1,300,000. The property's address is TBD Off Contraband Parkway, Lake Charles, LA 70601, situated in Calcasieu County. Its precise coordinates are latitude 30.202061 and longitude -93.24102. This substantial acreage provides ample space for construction and development, catering to businesses seeking a high-visibility location with exceptional water access. The property is classified as commercial land with retail and waterfront designations. Serious inquiries are encouraged to explore the possibilities this remarkable waterfront property offers. Further details are available upon request. The property is listed at $1,300,000.

    Property Features for 0 Tbd Off Contraband Pkwy

    General Information

    Property type
    Land
    Lot Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Charles
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.24102
    Latitude
    30.202061

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    FAQs

    What type of property is this?
    Land - 4 Acres, Bayou Frontage, $1.3M
    Where is this land located?
    The property is located at Tbd Off Contraband Pkwy Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    Request Owner's contact information
    Tbd Off Contraband Pkwy 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
    Tbd Off Contraband Pkwy Lake Charles, LA 70601
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