0 Mcneese St Lake Charles, LA 70605
This exceptional 6.37-acre commercial and residential land parcel presents a unique investment opportunity in Lake Charles, Louisiana. Located off E McNeese St, this property boasts convenient access via a dedicated 60-foot entrance right-of-way carved through the McNeese frontage, ensuring excellent visibility and accessibility. The asking price of $465,000 represents an aggressive price per square foot, making it an attractive proposition for developers seeking a prime location without the premium price tag of more central areas. Its strategic location offers significant potential for various developments, including multi-family housing or a retirement community. The property's size and zoning allow for substantial flexibility in project design and implementation. The seller has already established signage availability, further enhancing the property's marketing potential. This is an ideal opportunity for investors looking for a large, well-situated parcel in a thriving Louisiana market. The property is zoned for both commercial and residential use, offering a wide range of development possibilities. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a significant piece of land in a rapidly growing area. The property is located in Calcasieu Parish, Louisiana, with a zip code of 70605.
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
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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.