Prejean Dr Lake Charles, LA 70607
- Land
- 4.40 lot acres
Current Use by Public Records
- Land
Property Details for 0 Prejean Dr
- Lot size
- 4.40 lot acres
- Property type
- Land
Description
This exceptional 4.4-acre parcel of land presents a unique investment opportunity in a rapidly developing area of Lake Charles, Louisiana. Situated off East McNeese Street and 5th Avenue, this property benefits from its strategic location within one of the city's fastest-growing corridors. The asking price is $575,000, translating to a land value of $3 per square foot. The lot is zoned for residential use and is perfectly suited for apartment or townhome development, given the recent surge in new residential projects in the immediate vicinity. 5th Avenue has seen significant growth with multiple new residential developments completed and more currently under construction. This prime location offers unparalleled convenience, with easy access to key amenities. It's within a 5-minute drive of McNeese State University, Morganfield restaurant, Mallard Cove Golf Course, Lake Charles Power Center, and Interstate 2-10. The high daily traffic count on this thoroughfare, exceeding 20,000 vehicles, further underscores the property's exceptional commercial potential. While the property is located in Flood Zone-X, this information should be independently verified. The address is Prejean Drive, Lake Charles, LA 70607, in Calcasieu Parish. This is a rare opportunity to acquire a substantial land holding in a high-growth area with excellent connectivity and strong potential for future appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu Parish
- State
- Louisiana
- Longitude
- -93.1912
- Latitude
- 30.1818
