at Swanson Prien Lake Rd Lake Charles, LA 70605
This exceptional 2.87-acre commercial property in Lake Charles, Louisiana, presents a unique investment opportunity. Ideally situated on the corner of W Prien Lake Road and Swanson Lane, this C-2 zoned lot boasts 225 feet of frontage on W Prien Lake Road and an impressive 540-foot depth on Swanson Lane. Its strategic location offers unparalleled visibility and accessibility, situated within 1200 feet of Nelson Road and the Walmart entrance. The property benefits from proximity to major retail establishments, restaurants, medical facilities, and prominent hotels, including the L'auberge and Golden Nugget Casinos and Golf Resorts. High traffic counts are expected due to easy access to I-210 via Nelson Road or the Cove Lane traffic circle. This makes it suitable for a wide range of commercial developments, such as hotels, office buildings, retail spaces, and restaurants. The property's high visibility from I-210 is a significant advantage. While priced at $16 per square foot for the land, existing structures could generate rental income pending development. The final price will be determined by a buyer's survey. This is a rare opportunity to acquire a highly visible and strategically located commercial parcel in a thriving area. The Calcasieu Parish Police Jury has designated the zoning as C-2.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.