0 Mcneese St Lake Charles, LA 70607
Exceptional commercial land investment opportunity in Lake Charles, Louisiana, situated at the intersection of E McNeese St and Corbina Rd, within the rapidly growing MorganField Development. This thriving area boasts a 19.56% population increase over the past decade, fueled by the addition of St. Louis Catholic High School and Hamilton Christian High School, a successful new golf course and clubhouse, and significant residential development by national homebuilders like D.R. Horton and DSLD (over 1600 lots developed and ongoing). The property comprises several lots ranging from 0.3 acres to 14.72 acres, offering flexibility for various development projects. Available lots include a southwest corner lot (approximately 5.68 acres), a southeast corner lot (approximately 14.72 acres), a southern lot (approximately 2.04 acres), two northeast corner lots (approximately 10.85 acres and 12 acres), and two northwest corner lots (approximately 0.3 acres and 0.85 acres). The land is zoned for commercial use, presenting a unique chance to capitalize on the area's robust growth and the imminent construction of a new multi-tenant retail building. The land value is $10 per square foot. Detailed lot sizes and a subdivision plan are available upon request. This is a rare opportunity to secure a prominent position in one of Lake Charles' most dynamic commercial corridors. The property is located in Calcasieu Parish, Louisiana, zip code 70607.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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