Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    I-10 & Arena Rd Sulphur, LA 70665

    Sponsored
    For Sale
    $3,397,680

    8 Acres, Interstate 10 Frontage, Sulphur, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    404
    This exceptional 8-acre commercial land parcel presents a unique investment opportunity in Sulphur, Louisiana. Strategically located at the first Sulphur exit from Texas (Exit 20) off Interstate 10, this cleared and ready-to-develop site boasts approximately 850 feet of prime Interstate frontage. Its convenient location is adjacent to several hotels and the West Cal Arena & Event Center, ensuring high visibility and accessibility. The property is zoned for commercial use under municipal zoning and features access via Arena Road. All utilities are readily available. A Phase 1 environmental assessment is available, and a wetlands determination has confirmed the absence of wetlands on the site. The property is situated within a Tax Increment Financing (TIF) district. This listing includes APN 00167894C. The asking price is $3,397,680, translating to a land value of $9.75 per square foot. For those seeking a larger footprint, an additional approximately 60 acres is available from the same owner west of this site. This property represents an ideal location for a variety of commercial developments, capitalizing on its high-traffic location and excellent infrastructure.

    Property Features for 0 I-10 & Arena Rd

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    We can help!

    Listing Contact
    Matt Redd
    Matt Redd

    Learn more

    HighLights

    • 8‑acre commercial land parcel with Interstate 10 frontage.
    • Located at Exit 20, first Sulphur, LA exit from Texas, adjacent to hotels and West Cal Arena.
    • Cleared, ready for development, all utilities available.
    • ±850' of Interstate 10 frontage.
    • Access via Arena Road.
    • Located within Sulphur city limits, commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sulphur
    County
    Calcasieu
    State
    Louisiana
    Longitude
    -93.4703972
    Latitude
    30.2043168

    Nearby Similar for Sale

    • $470,000
      0.29 Acres

      Commercial Investment Opportunity in Sulphur

      Commercial building with three suites, offering rental income potential.
      3620 Maplewood Dr, Sulphur, LA 70663
      View Details
    • New
      $61,500
      1,100 SF

      Sulphur Mobile Home on Large Lot

      Mobile home on a .9 acre corner lot in Sulphur.
      1505 Garth Dr, Sulphur, LA 70663
      View Details
    • $2,350,000
      11,562 SF

      Sulphur Suites: Income-Generating Hotel/Motel

      Stabilized 16-unit hotel/motel in Sulphur's industrial corridor.
      356 Invader St, Sulphur, LA 70663
      View Details
    • $1,149,000
      0.78 Acres

      Profitable 20-Unit Apartment Complex

      20-unit apartment complex in Sulphur, LA with strong cash flow.
      2505 Rhua Dr, Sulphur, LA 70663
      View Details
    • $190,000
      0.18 Acres

      Sulphur Inspection Center For Sale

      Well-known Sulphur inspection center with business zoning and yard.
      307 Post Oak Rd, Sulphur, LA 70663
      View Details
    • $261,000

      Updated Office Building in Sulphur

      Updated office building featuring multiple offices, conference room, and kitchen.
      619 Henning Rd, Sulphur, LA 70663
      View Details
    • $307,000
      0.27 Acres

      Sulphur Retail/Office Opportunity

      High-visibility Sulphur storefront ideal for retail, studio, boutique, or office.
      1705 Maplewood Dr, Sulphur, LA 70663
      View Details
    • $120,000
      1.50 Acres

      Sulphur Income Producing Property

      1.5 acre property with house and mobile home pads.
      3635 Turk Vincent Rd, Sulphur, LA 70663
      View Details
    • Contact for pricing

      New Commercial Office Space Available

      Newly built office space with prime visibility on Hwy 90.
      1490 E Napoleon St E B Sulphur, Sulphur, LA 70663
      View Details
    • $825,000
      6,600 SF

      Office/Warehouse Space with Lay-Down Yard

      6,600 SF office/warehouse with 15,000 SF improved lay-down yard.
      224 Prater Rd, Sulphur, LA 70663
      View Details
    • Contact for pricing

      Highway 27 South Property

      Property for sale on Highway 27 South, Sulphur, LA.
      4859 Highway 27 S, Sulphur, LA 70665
      View Details
    • $555,390

      Sulphur, LA Build-to-Suit Opportunity

      Prime Industrial Land: Build your dream facility.
      0 Patton St, Sulphur, LA 70665
      View Details

    FAQs

    What type of property is this?
    Land - 8 Acres, Interstate 10 Frontage, Sulphur, LA
    Where is this land located?
    The property is located at I-10 & Arena Rd Sulphur, LA.
    What is the asking price?
    The asking price for this property is $3,397,680.
    What are key features of this property?
    This property features: 8-acre commercial land parcel with Interstate 10 frontage.; Located at Exit 20, first Sulphur, LA exit from Texas, adjacent to hotels and West Cal Arena.; Cleared, ready for development, all utilities available.
    Request Owner's contact information
    I-10 & Arena Rd Sulphur, LA 70665
    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.
    I-10 & Arena Rd
    Sulphur, LA 70665
    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
    I-10 & Arena Rd Sulphur, LA 70665
    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!
    Listing Contact
    Matt Redd
    Matt Redd
    Real Estate License ID: LA BROK.0000015258.A-ASA
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.