Catylist ID:
#29948498
Hard Corner at Lake Street and 18th
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 29948498 |
| Property Subtypes: | Multi-Family, Office, Retail, Self Storage, Other |
| Status: | Pending/Contingent |
| Gross Land Area: | 65,218 SF |
| Sale Price: | $815,225 |
| Unit Price: | $12.50 PSF |
| Land Splits Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/18/2024 |
Overview / Comments
|
Be sure to check out the Custom Brochure within the links section. On the "go to work" side of busy Lake Street AND on a hard corner, this approximate 1.5 acre offering is a prime location for a fast food franchise or any business that wants to capitalize on the traffic count afforded at this intersection. Note that there are only two restaurants on Lake Street between Sale Road and Shell Beach Dr! Lake Street is a major North/South Corridor that starts at the Lake (near Downtown) and travels South beyond the Lake Charles Regional Airport. Click here for a Google map that illustrates the location. Being on the East side of Lake Street means quick & easy access to Ryan Street, which runs from I-10 to McNeese State University. The visibility and access offered by this true hard corner has a variety of uses, including a neighborhood strip center, office space, retail and/or multi-family. With 312 feet on Lake Street and 209 feet on 18th Street, sharp developers or end-users may want to explore the potential of subdividing this property. Favorable Flood zone X. With little exception, this property is cleared and shovel-ready. Ask about Build-to-Suit. |
Attachments & Media
Additional Details
| Nearest MSA: | Lake Charles |
| County: | Calcasieu |
| Taxing Authority: | Calcasieu Parish |
| Tax ID/APN: | 00277304 |
| Zoning: | MIXED USE, NEIGHBORHOOD |
| Property Located Between: | 18th Street and W. Prien Lake Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | W. Prien Lake Road |
| Feet of Frontage: | 312 |
| Highway Access: | Approximately 3/4 of a mile North of I-210. |
| Airports: | Lake Charles Regional Airport |
| Site Description: | Other than a few trees that will need to be removed, this property is shovel-ready. |
| Lot Frontage: | 312 |
| Lot Depth: | 208 |
| Zoning Description: | Mixed Use on 18th Street, Neighborhood on Lake. Given the other businesses on Lake, zoning is not anticipated to be an issue. |
| Topography: | Level |
| Easements: | Utilities |
| Available Utilities: | Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,686 | 61,839 | 99,510 |
| Median Age: | 39.9 | 36.8 | 36.57 |
| Households: | 2,532 | 25,629 | 39,643 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
