Property profile

0 Country Clb Rd At Nelson Rd Lake Charles, LA 70605

OFF-MARKET
Land
10,000 SF 8.47 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Total area 10,000 SF
Lot 8.47 ac (368,953 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Country Clb Rd At Nelson Rd Lake Charles, LA 70605
Lake Charles metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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