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    OFF-MARKET
    Land

    5959 Opelousas St, Lake Charles, LA 70615

    10.8 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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