Property summary
This exceptional 77.6-acre industrial land parcel in Westlake, Louisiana (Calcasieu Parish, zip code 70669), presents a lucrative investment opportunity. Situated along the I-10 corridor with convenient overpass access, this strategically located property boasts significant income streams. The land encompasses approximately 150-300 feet by 2,100 feet and includes 19 pipeline and rail easement rights-of-way (ROW), generating substantial cash flow from long-term leases. Furthermore, multiple interests in active oil and gas wells provide additional royalty payments. The property's location is critical for petrochemical infrastructure, offering strong potential for mark-to-market lease adjustments. A ten-year average annual net operating income (NOI) stands at $359,995. This property offers a unique blend of land development potential and consistent, substantial cash flow from existing ROW and O&G interests. The property is located near Bayou D'Inde Pass. Further details are available at the provided website.
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