3521 Derek Dr Lake Charles, LA 70607
- Land
- 11.37 lot acres
Current Use by Public Records
- Land
Property Details for 3521 Derek Dr
- Lot size
- 11.37 lot acres
- Property type
- Land
Description
This exceptional 11.37-acre commercial land parcel presents a unique investment opportunity in Lake Charles, Louisiana. Located at 3521 Derek Dr, 70607, this property boasts a highly desirable location within Calcasieu County's thriving retail hub. The site is strategically positioned at the intersection of I-210 and Hwy 14 (Gerstner Memorial Dr.), ensuring exceptional visibility and accessibility. Surrounding the property are major retailers including Walmart, Home Depot, Lowe's, Party City, and Office Depot, demonstrating the area's strong retail performance and high consumer traffic. The land is zoned for commercial use and is an outparcel directly adjacent to the newly constructed Academy Sports + Outdoors, which anchors the Lake Charles Power Center. This center also includes Old Navy, Shoe Carnival, and Michaels, further solidifying the area's retail strength. The asking price is $850,000, with a land value of $74,758 per square foot. This presents a compelling opportunity for developers seeking to capitalize on the robust retail environment and high-demand location. The lease expiration date for any existing leases is June 29, 2025. This prime commercial land offers significant potential for a variety of development projects.
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
- Lake Charles
- County
- Calcasieu
- State
- Louisiana
- Longitude
- -93.1744
- Latitude
- 30.1967
