Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Frontage Rd Lake Charles, LA 70647

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    88 Acres, Multi-Use Potential, Shovel Ready

    Property Features for 0 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    3,833,280 SF

    We can help!

    Listing Contact
    Matt Redd
    Matt Redd

    Listing Agent: Matt Redd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 88-acre parcel presents a remarkable development opportunity in Iowa, Louisiana. Strategically located on Frontage Road and LA 101, this expansive land offers unparalleled versatility for a wide range of commercial and residential projects. Currently zoned for both commercial and industrial uses, the property boasts pre-approved plans for a mobile home park, apartment complex, or residential subdivision, making it an ideal investment for developers seeking immediate action. The seller is willing to subdivide the land to accommodate specific project needs. Infrastructure is already in place, with existing water retention ponds, eliminating significant upfront development costs and expediting the construction process. Priced at $19,166,400, with a land value of $5 per square foot, this property represents a significant opportunity for substantial return on investment. Its prime location and flexible zoning make it an attractive proposition for various development scenarios, promising a high potential for future growth and profitability. The "shovel-ready" status of this property ensures a swift transition from acquisition to construction, minimizing delays and maximizing efficiency. This is a rare chance to acquire a large, versatile tract of land in a rapidly developing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.0304464
    Latitude
    30.2474467

    Nearby Similar for Sale

    • New
      $250,000
      2,500 SF

      Lake Charles Commercial Investment Opportunity

      Commercial property with high visibility and income potential in Lake Charles.
      3309 Common St, Lake Charles, LA 70601
      View Details
    • $715,000
      0.52 Acres

      Turnkey Office Space in Lake Charles

      Move-in ready office with executive suites, conference rooms, and parking.
      1830 Hodges St, Lake Charles, LA 70601
      View Details
    • New
      $250,000
      0.23 Acres

      Freestanding Commercial Building in Lake Charles

      High-traffic location suitable for restaurant or retail use.
      2500 Kirkman St, Lake Charles, LA 70601
      View Details
    • $225,000
      0.46 Acres

      Versatile Commercial Building, Moss Bluff

      High-visibility commercial building suitable for office, retail, or restaurant.
      110 Executive Dr, Moss Bluff, LA 70611
      View Details
    • $95,000
      1,500 SF

      Versatile Commercial Building with Yard

      Freestanding commercial property in Lake Charles with flexible industrial space.
      2041 Mill St, Lake Charles, LA 70606
      View Details
    • $630,000

      Lake Charles Commercial Property For Sale

      5,600 SF commercial property with warehouse and office space.
      1301 E Prien Lake Rd, Lake Charles, LA 70601
      View Details
    • $135,000
      1,300 SF

      Updated Office Space in Lake Charles

      Move-in ready office space with modern amenities and convenient parking.
      2905 Hodges St, Lake Charles, LA 70601
      View Details
    • $265,000

      Versatile Office Building in Lake Charles

      Adaptable property suitable for office, organizational, or residential use.
      3740 Kirkman St, Lake Charles, LA 70607
      View Details
    • $1,500,000
      0.44 Acres

      Prime Commercial Location on Ryan Street

      High-visibility 4,875 sq ft building near McNeese State University.
      3800 Ryan St, Lake Charles, LA 70605
      View Details
    • $240,000

      Affordable Commercial/Medical Building in Lake Charles

      2,400 SF building suitable for commercial or medical use.
      510 W 18Th St, Lake Charles, LA 70601
      View Details
    • $429,500

      Updated Office Space Near Hospital

      Move-in ready office space with private offices and conference room.
      1716 Oak Park Blvd, Lake Charles, LA 70601
      View Details
    • $900,000

      Lake Charles Industrial Multi-Use Space

      Multi-use commercial space near major transportation corridors.
      275 Highway 397, Lake Charles, LA 70615
      View Details

    FAQs

    What type of property is this?
    Land - 88 Acres, Multi-Use Potential, Shovel Ready
    Where is this land located?
    The property is located at Frontage Rd Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $19,166,400.
    What are key features of this property?
    This property features: $19,166,400 asking price.; 88-acre land parcel.; Commercial and Industrial zoning permitted.
    (337) 310-7333 Call to check price and availability
    Request Owner's contact information
    Frontage Rd Lake Charles, LA 70647
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Frontage Rd
    Lake Charles, LA 70647
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Frontage Rd Lake Charles, LA 70647
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matt Redd
    Matt Redd
    Real Estate License ID: BROK.0000015258.A-ASA
    (337) 310-7333 (337) 489-9666 (337) 310-0605
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!