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Property profile & analytics
FOR SALE
Automotive properties

1001 E Prien Lake Rd Lake Charles, LA 70601

Individually Owned 14-yr Hold Free & Clear
Property ID
US36-1436886
Property summary
AI-generated overview

This exceptional commercial property, located at 1001 E Prien Lake Rd in Lake Charles, Louisiana, presents a unique investment opportunity. The 0.14-acre lot is ideally situated on a corner and boasts a significant advantage: it's entirely paved with concrete and currently enclosed by a fence. While the fence is easily removable to suit the buyer's needs, it offers immediate security and defines the property boundaries. The property's APN is 00349844. Situated in Calcasieu Parish, zip code 70601, this location offers excellent visibility and accessibility. The asking price for this ready-to-develop land is $74,999. Prospective buyers are responsible for independently verifying the designated zoning use with the City of Lake Charles to ensure it aligns with their intended business plans. A compelling alternative to outright purchase is the availability of a lease option at a monthly rate of $1,000. This versatile property is perfect for entrepreneurs seeking a strategic location to establish their business. The property's convenient location and existing infrastructure make it an attractive proposition for a variety of commercial ventures.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
APN 349844
UPID US36-1436886
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Freedom Automotive Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Leonard Basco Arnold · 14 yrs held
Leonard Basco Arnold
since 2011
3 recorded transactions
2017
Price N/A
2011
$95,000
2010
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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