0 Country Clb Rd At Nelson Rd, Lake Charles, LA 70605
This exceptional 8.47-acre commercial land parcel presents a unique investment opportunity in the thriving Lake Charles, Louisiana market. Located at the intersection of Country Club Road and Nelson Road, this property is ideally situated for a variety of commercial developments. The site is zoned MU (Mixed Use), offering flexibility for diverse projects. With a total buildable area of 10,000 square feet, the possibilities are extensive. The property's strategic location offers easy access to McNeese State University, just a five-minute drive away. The surrounding area is experiencing significant growth, featuring newly constructed multifamily complexes and single-family residential neighborhoods, indicating a strong and expanding local economy. The average household income in the immediate vicinity is a robust $85,396, demonstrating significant consumer spending power. This area is experiencing an economic boom, with projections of over 10,000 new homes being built within the next five years, further solidifying the long-term growth potential. Lake Charles itself has seen a remarkable increase of over 20,000 new jobs in recent years, fueled by a substantial $97 billion industrial expansion underway in Southwest Louisiana. This property offers unparalleled access to this burgeoning market and represents a compelling investment in a rapidly developing region. The property is located in Calcasieu Parish, Louisiana, zip code 70605.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.