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3D Tbd Contraband Pkwy Lake Charles, LA 70601

Sponsored
For Sale
$3,700,000

11.5 Acres, Prime Location, High Visibility

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 11.5-acre commercial and residential land parcel in Lake Charles, Louisiana, presents a unique investment opportunity. Situated on Contraband Parkway, this property boasts approximately 900 feet of frontage, offering unparalleled visibility and accessibility. Its strategic location near L'auberge and Golden Nugget Casino and Golf Resort makes it ideal for a variety of uses, including entertainment, recreation, multi-family development, and hospitality ventures. The property's zoning permits business development, and its proximity to Prien Plaza Shopping Center and I-210 further enhances its appeal for mixed-use projects, such as professional offices or townhomes. The Nelson Road Extension bridge, currently under construction, will provide direct access to L'auberge Boulevard and the northern residential and medical areas. Existing infrastructure includes sewer, water, and electrical conduit along Contraband Parkway. Contraband Parkway itself is a four-lane road with a median, jogging path, and sidewalk. While the dimensions and acreage are estimates, this property offers significant potential for developers seeking a high-impact location. Note that cross-access to the seller's adjacent property is required, and buyers are responsible for infrastructure costs. A smaller 3+ acre parcel (3W) is also available, or this property can be combined with an adjacent 25.3-acre parcel (3D and 3C combined). Aerial tours are available online. The asking price is $3,700,000, with a land value of $9 per square foot.

Property Features for 3D Tbd Contraband Pkwy

General Information

Property type
Multifamily properties
Lot Size
500,940 SF

Property Profile Location Intelligence

Current Use by Public Records

High-rise multifamily apartments

Map

City
Lake Charles
County
Calcasieu
State
Louisiana
Longitude
-93.246878
Latitude
30.201811

FAQs

What type of property is this?
Multifamily property - 11.5 Acres, Prime Location, High Visibility
Where is this multifamily property located?
The property is located at 3D Tbd Contraband Pkwy Lake Charles, LA.
What is the asking price?
The asking price for this property is $3,700,000.
More about this property
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