Country Clb Rd At Nelson Rd Lake Charles, LA 70605
- Land
Current Use by Public Records
- Land
Property Details for 0 Country Clb Rd At Nelson Rd
- Property type
- Land
Description
This exceptional 1.05-acre commercial lot, located on Country Club Road at Nelson Road in Lake Charles, Louisiana (zip code 70605), presents a unique investment opportunity. Zoned MU, this property offers significant potential for development. The asking price is $910,660, translating to a land value of $871,200 per acre, or $20 per square foot. The lot size is approximately 45,533 square feet. This prime location enjoys a strategic position just five minutes from McNeese State University, surrounded by thriving residential neighborhoods with an average household income of $85,396. The Southwest Louisiana (SWLA) area is experiencing robust economic growth, fueled by a substantial industrial expansion projected to add over 10,000 new homes in the next five years and has already added over 20,000 new jobs in recent years as a direct result of the ongoing $97 billion industrial expansion. This presents a compelling opportunity to capitalize on the region's dynamic growth trajectory. The property's proximity to the university and established residential areas ensures high visibility and accessibility, making it ideal for a variety of commercial ventures.
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
- -93.2467
- Latitude
- 30.1688
