Cities Service Hwy Sulphur, LA 70665
- Land
- 10.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cities Service Hwy
- Lot size
- 10.50 lot acres
- Property type
- Land
Description
This exceptional 10.5-acre commercial land parcel in Sulphur, Louisiana, presents a unique investment opportunity. Strategically located on Cities Service Highway, this property boasts high visibility and accessibility, with over 86,000 vehicles passing daily. Its prime location is adjacent to a high-performing Lowe's, situated in a thriving retail corridor alongside national brands such as Wendy's, McDonald's, and Raising Cane's. The property is zoned Business District (B), allowing for a wide range of development options, including drive-thru restaurants, casual dining establishments, general retail, and strip centers. An existing easement/CC&Rs for road access, recorded with Calcasieu Parish, is in place. While some restrictions exist (primarily for home improvement/hardware stores), they do not preclude typical commercial development. The seller will handle an existing $65,000 mortgage at closing. This property benefits from the significant economic growth spurred by the nearby Driftwood LNG plant, a 477-acre facility creating thousands of jobs. The site's proximity to Lake Charles Regional Airport (a 22-minute drive) further enhances its appeal. Recent land sales in Calcasieu Parish average $202,000 per acre, making this offering, priced at under $91,000 per acre, exceptionally attractive. The property consists of two parcels and is situated within a 5-mile trade area encompassing over 42,000 residents with average annual household incomes exceeding $82,000. This presents a compelling opportunity for significant return on investment.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sulphur
- County
- Calcasieu Parish
- State
- Louisiana
- Longitude
- -93.3255
- Latitude
- 30.2187
