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    Charles LA Nelson Rd Tract 1 Lk Lake Charles, LA 70605

    Sponsored
    For Sale
    $3,500,000

    Prime 1-acre commercial lot in Lake Charles, LA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.049-acre commercial land parcel presents a remarkable investment opportunity in the thriving Lake Charles, Louisiana market. Strategically located on Nelson Road, this property enjoys a prime position within the bustling HR Crossing development, sharing proximity to established and successful businesses such as Rouses, Orange Theory Fitness, and PJ's Coffee. The site benefits from existing infrastructure, including readily available drainage, retention systems, and convenient access points, significantly reducing development hurdles and accelerating project timelines. The property's location within HR Crossing, alongside other successful developments like Oak Crossing and Dominion Plaza, underscores its potential for significant return on investment. The 1.049-acre lot offers flexibility, with the possibility of subdivision to accommodate diverse development plans. This parcel is ideally suited for a wide range of commercial ventures, capitalizing on the high visibility and strong foot traffic characteristic of this established commercial area. The property's Assessed Parcel Number (APN) is 00074187. The asking price for this exceptional opportunity is $3,500,000. All measurements are more or less.

    Property Features for Charles LA Nelson Rd Tract 1 Lk

    General Information

    Property type
    Land
    Lot Size
    45,694 SF

    HighLights

    • 1.049‑acre commercial lot in Lake Charles, LA's thriving HR Crossing development.
    • Prime location on Nelson Road, near Rouses, Orange Theory Fitness, and PJ's Coffee.
    • Existing infrastructure including drainage and retention systems minimizes development challenges.
    • Flexible 1.049‑acre lot, potentially subdividable, ideal for various commercial uses.
    • High visibility and strong foot traffic in an established commercial area.
    • Assessed Parcel Number (APN) 00074187; Asking price: $3,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Charles
    County
    Calcasieu Parish
    State
    Louisiana
    Longitude
    -93.2784825
    Latitude
    30.1412524

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    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot in Lake Charles, LA.
    Where is this land located?
    The property is located at Charles LA Nelson Rd Tract 1 Lk Lake Charles, LA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 1.049-acre commercial lot in Lake Charles, LA's thriving HR Crossing development.; Prime location on Nelson Road, near Rouses, Orange Theory Fitness, and PJ's Coffee.; Existing infrastructure including drainage and retention systems minimizes development challenges.
    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
    Charles LA Nelson Rd Tract 1 Lk Lake Charles, LA 70605
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