Property profile

5959 Opelousas St Lake Charles, LA 70615

OFF-MARKET
Land
10.8 ac lot
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Property summary

AI-generated overview

This exceptional 10.8-acre commercial and industrial land parcel presents a prime development opportunity in Lake Charles, Louisiana. Located at 5959 Opelousas Street, this highly visible corner lot boasts significant frontage, ensuring maximum exposure for any future development. The property's stabilized condition eliminates the need for extensive pre-development site work, saving time and resources. Its zoning allows for a variety of uses, making it ideal for retail, hospitality, build-to-suit projects, or industrial outdoor storage facilities. The address is situated in Calcasieu Parish, Louisiana, with a zip code of 70615. The property's geographic coordinates are latitude 30.2422657 and longitude -93.1326537. This strategic location offers unparalleled access to major transportation routes and a thriving local market, making it an attractive investment for developers seeking a high-impact project. The significant acreage provides ample space for large-scale development, accommodating a wide range of building sizes and configurations. This is a rare opportunity to acquire a ready-to-develop site in a desirable location with excellent visibility and diverse development potential. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 10.8 ac (470,448 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5959 Opelousas St Lake Charles, LA 70615
Lake Charles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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