Property profile

2300 Prien Lake Rd Lake Charles, LA 70605

OFF-MARKET
Land
18.3 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 18.3-acre commercial land parcel, strategically located on the I-210 corridor in Lake Charles, Louisiana, presents a unique investment opportunity. Boasting over 1000 feet of frontage along I-210, the property enjoys unparalleled visibility and accessibility. Its proximity to major attractions, including casinos, hotels, retail centers, medical facilities, and restaurants, ensures high traffic and strong potential for development. Previously approved for mixed-use subdivision by the City of Lake Charles, this site offers flexibility for a variety of projects. Conceptual plans suggest possibilities ranging from a business park to senior housing, apartments, and recreational amenities. The seller is willing to subdivide the property, catering to diverse needs and budgets. Pricing options are available for the entire 18.3 acres ($7,317,818 or $9.18 per square foot) or smaller parcels, starting from the west side with negotiable widths. The property's location near Southwest Lake Charles residential areas, Lake Charles Country Club, and the impending completion of the Nelson Road Extension Bridge further enhances its appeal. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. The official municipal address will be assigned upon building improvements. This prime location offers a rare chance to shape the future of Lake Charles' commercial landscape.

Property profile

Verified
Property type Land
Lot 18.3 ac (797,148 SF)

Cap rate & NOI

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

Location

2300 Prien Lake Rd Lake Charles, LA 70605
Lake Charles metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2300 Prien Lake Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message