Arena Rd Sulphur, LA 70665
- Land
- 60.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Arena Rd
- Lot size
- 60.00 lot acres
- Property type
- Land
Description
This exceptional 60-acre commercial land parcel presents a unique investment opportunity in Sulphur, Louisiana. Strategically located at the first Sulphur exit from Texas (Exit 20) off Interstate 10, this property boasts unparalleled visibility and accessibility. Its prime location is adjacent to multiple hotels and the West Cal Arena & Event Center, ensuring high traffic and strong potential for various commercial developments. The site is partially cleared, and all utilities are readily available, simplifying the development process. Access is convenient via Arena Road. The property is zoned for commercial use under Municipal zoning and is situated within Sulphur city limits, benefiting from established infrastructure and municipal services. A Phase 1 environmental report is available. This land is also located within a Tax Increment Financing (TIF) district, potentially offering significant tax advantages. An additional approximately 8 acres are available for purchase from the same owner, east of the main parcel, providing expansion opportunities. The asking price for this exceptional 60-acre tract is $25,482,600, with a land value of $9.75 per square foot. The APN is 00167894A. This is a rare chance to acquire a substantial, well-located commercial property with significant development potential.
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
- Sulphur
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.3821
- Latitude
- 30.2141