3153 Derek Dr Lake Charles, LA 70607
This exceptional 1.5-acre (65,340 sq ft) commercial land parcel presents a remarkable investment opportunity in Lake Charles, Louisiana. Strategically located at 3153 Derek Dr, 70607, this property boasts 100 feet of frontage on an existing sidewalk and parking lot, ensuring high visibility and accessibility for potential businesses. The land is situated between Lowe's and Academy Sports, within a Shoe Carnival-anchored strip center, guaranteeing significant foot traffic and brand synergy. The asking price is $525,000, translating to a land value of $8.03 per square foot. The property's APN is 01349117B. This prime location in Calcasieu Parish offers unparalleled potential for retail development, providing immediate access to a thriving consumer base. The substantial lot size and prime positioning make this an exceptional opportunity for investors seeking high-return commercial real estate in a rapidly growing market. Don't miss this chance to acquire a highly desirable outparcel in a well-established retail corridor.
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.