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    2300 Prien Lake Rd Lake Charles, LA 70605

    Sponsored
    For Sale
    $7,317,818

    Prime I-210 Commercial Land, Mixed-Use Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 18.3-acre commercial land parcel, strategically located on the I-210 corridor in Lake Charles, Louisiana, presents a unique investment opportunity. Boasting over 1000 feet of frontage along I-210, the property enjoys unparalleled visibility and accessibility. Its proximity to major attractions, including casinos, hotels, retail centers, medical facilities, and restaurants, ensures high traffic and strong potential for development. Previously approved for mixed-use subdivision by the City of Lake Charles, this site offers flexibility for a variety of projects. Conceptual plans suggest possibilities ranging from a business park to senior housing, apartments, and recreational amenities. The seller is willing to subdivide the property, catering to diverse needs and budgets. Pricing options are available for the entire 18.3 acres ($7,317,818 or $9.18 per square foot) or smaller parcels, starting from the west side with negotiable widths. The property's location near Southwest Lake Charles residential areas, Lake Charles Country Club, and the impending completion of the Nelson Road Extension Bridge further enhances its appeal. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. The official municipal address will be assigned upon building improvements. This prime location offers a rare chance to shape the future of Lake Charles' commercial landscape.

    Property Features for 2300 Prien Lake Rd

    General Information

    Property type
    Land
    Lot Size
    797,148 SF

    HighLights

    • 18.3‑acre commercial land parcel on I‑210 corridor in Lake Charles, LA.
    • Over 1000 feet of I‑210 frontage provides exceptional visibility and accessibility.
    • Previously approved for mixed‑use subdivision, offering flexibility for various development projects.
    • Seller will subdivide; pricing options available for the entire parcel ($7,317,818 or $9.18/SF) or smaller parcels.
    • Prime location near casinos, hotels, retail, medical facilities, restaurants, residential areas, and Lake Charles Country Club.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -93.257153156369
    Latitude
    30.19457831577

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    FAQs

    What type of property is this?
    Land - Prime I-210 Commercial Land, Mixed-Use Zoning
    Where is this land located?
    The property is located at 2300 Prien Lake Rd Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $7,317,818.
    What are key features of this property?
    This property features: 18.3-acre commercial land parcel on I-210 corridor in Lake Charles, LA.; Over 1000 feet of I-210 frontage provides exceptional visibility and accessibility.; Previously approved for mixed-use subdivision, offering flexibility for various development projects.
    Request Owner's contact information
    2300 Prien Lake Rd 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
    2300 Prien Lake Rd Lake Charles, LA 70605
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