0 Common St Lake Charles, LA 70607
This exceptional 2.55-acre commercial lot presents a prime development opportunity in south Lake Charles, Louisiana. Conveniently located minutes from McNeese State University and the Lake Charles Regional Airport, this property boasts a highly desirable location with excellent access and visibility. The lot is already cleared and features an existing dirt pad and driveway, significantly reducing initial development costs and expediting the construction process. Its versatile zoning designation, encompassing both C-2 (Commercial) and R-2 (Residential) classifications, offers considerable flexibility for a wide range of development projects. Whether you envision a commercial venture or a mixed-use development, this property's strategic location and prepared site make it an attractive investment. The property's APN is 00059579A. The asking price for this exceptional parcel is $320,000. This is a rare opportunity to acquire a ready-to-build lot in a thriving area of Lake Charles, offering significant potential for future growth and return on investment. Don't miss out on this chance to secure a prime piece of real estate in a rapidly developing market.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.