0 Contraband Pkwy Lake Charles, LA 70601
This exceptional 66-acre commercial land parcel in Lake Charles, Louisiana, presents a unique investment opportunity. Located on Contraband Parkway in Calcasieu Parish (zip code 70601), this property boasts prime waterfront and retail frontage, offering unparalleled access to high-traffic areas. Its strategic location near the Golden Nugget and L'auberge Hotel and Golfing Resorts, along with existing retail and medical facilities, and proximity to I-210, makes it ideal for a diverse range of developments. Permitted zoning is Business, allowing for hospitality, restaurants, recreation, entertainment, retail, multi-family, residential, and water-related projects. The land is priced at $16,400,000, with a land value of $7.31 per square foot. This is a rare chance to acquire a significant tract of land in a thriving Southwest Louisiana market, benefiting from the substantial tourism generated by the nearby casinos and resorts. The property's size and location offer developers exceptional flexibility and potential for significant returns. Serious inquiries are encouraged to explore this remarkable development opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.