TBD Contraband Pkwy Lake Charles, LA 70601
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for TBD Contraband Pkwy
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 25.3-acre commercial land parcel in Lake Charles, Louisiana, presents a unique investment opportunity. Ideally situated on Contraband Parkway (sections 3C & 3D), the property boasts approximately 2400 feet of frontage, providing excellent visibility and accessibility. The site is zoned for multi-family, professional, and retail development, offering considerable flexibility for various projects. All wetlands have been mitigated, except for a small, non-impacting section along a drainage lateral. A Traffic Impact Analysis has been approved by the Louisiana Department of Transportation, streamlining the development process. Essential infrastructure is already in place, including power lines (conduit installed), water, and sewer. The seller will provide the right-of-way for an east-west road, while buyers are responsible for internal infrastructure and road construction. This property benefits from the upcoming Nelson Road extension bridge, enhancing connectivity to prestigious neighborhoods and downtown Lake Charles. The location offers easy access from an internal traffic circle on Contraband Parkway and a nearby entrance closer to W. Prien Lake Road. Additional acreage is available in adjacent areas if needed. This is a remarkable opportunity to capitalize on the growth and development potential of this thriving Louisiana market. The asking price is $7,700,000. The property is located in Calcasieu Parish, Louisiana, zip code 70601.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Charles
- County
- Calcasieu Parish
- State
- Louisiana
- Longitude
- -93.2445
- Latitude
- 30.202
