Catylist ID:
#30138781
3.15 retail acres on W. Prien Lake Near I-210 & Nelson (3A)
Vacant Land
for Sale
| Catylist Listing ID: | 30138781 |
| Property Subtypes: | Retail, Retail-Pad |
| Gross Land Area: | 3.15 Acres |
| Sale Price: | $1,142,307 |
| Unit Price: | $362,637 Per Acre |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/14/2023 |
Overview / Comments
|
For a custom brochure about this property that will be updated as changes are made, click on "Custom Brochure" in the links section. Note that the acreage has been reduced to reflect the property sold for use by Hobby Lobby. The remaining acreage is estimated and does not include the out-parcel. A drone aerial 360 tour and drone video are available within the LACDB links section and also at ContrabandPointe.com. While the link is queued to the retail section, there are 5 other vantage points provided. This offering is for Area 3A only, per the attached drawing. In addition to the out-parcel on W Prien Lake Road (see 3A and 1C combined), additional property is available to the East and North. 3000+- hotel rooms, including the luxurious L’Auberge and Golden Nugget casino resorts, are within 1.5 miles of the entrance to this magnificent retail opportunity on W. Prien Lake Road next to Prien Plaza (Target). Of these, 900+- rooms are located within 1800 feet of the entrance. Easy access to I-210, Lake Street, and the proposed Nelson Road Extension Bridge are all positives, as is Contraband Parkway, the recently completed 4-lane road connecting the Contraband Parkway traffic circle at Prien Lake Road to Nelson Road at L'Auberge Avenue. |
Attachments & Media
Additional Details
| Nearest MSA: | Lake Charles |
| County: | Calcasieu |
| Taxing Authority: | Calcasieu Parish |
| Tax ID/APN: | 00087556 |
| Zoning: | BUSINESS |
| Property Located Between: | Nelson Road and Lake Street |
| Property Visibility: | Excellent |
| Legal Description: | A portion of 381009. Call office or email mkh@mkh.com for full legal. Note that the formal resub for each parcel will be filed at closing. |
| Largest Nearby Street: | Nelson Road |
| Highway Access: | The property is visible and accessible to I-210 from Lake Street or Nelson Road. |
| Airports: | Lake Charles Regional Airport, Million Air at Chennault |
| Site Description: | This prime commercial, business location is near L’Auberge and the Golden Nugget Casino Resort and is contiguous to the highly successful Prien Lake Plaza and near numerous other significant retail and business firms, restaurants and hotels. Phase 1, as indicated in the portion shaded red in the photo is part of the approximate 121 acres remaining. Note that the renderings provided in the images and attachment section are conceptual in nature and do not reflect the final alignment of Contraband Parkway. City Planning will require a new submission based on updated plans. The waterfront and interior of the northern portion of the property offers a blank palette for development. |
| Area Description: | This area is considered a prime location for restaurants, retail, and more! The property can be seen from I-210 which touted 53,000 cars per day in 2016. This property is within 2000 feet of Nelson Road and I-210. As indicated on the Chamber Southwest website, "Southwest Louisiana is home to a robust and diversified economy anchored by the petrochemical, education, manufacturing, healthcare and hospitality industries. The region’s strategic location along the Gulf of Mexico contributes greatly to its strong petrochemical industry, which is led by such companies as Axiall, CITGO Petroleum, PPG Industries, and Phillips 66. This position affords businesses access to three developing liquefied natural gas pipelines and several active ports, including the Port of Lake Charles (one of the largest deep-water port in the U.S.), West Calcasieu Port, the East and West Cameron Ports, Mermentau River Port, and Vinton Port. Calcasieu Parish’s rich history combined with a modern, diversified economy and numerous recreational opportunities make this area a wonderful place to live and visit. The petrochemical industry is the mainstay economically for the parish, and the past decade has seen the aerospace and gaming industries broaden that base. The Port of Lake Charles is accessible to ocean-going vessels and is only 34 miles from the Gulf of Mexico, the closest of any deep-water port in Louisiana. Chennault International Airpark is a major feature for the area with more than 10,000 feet of runway, capable of handling most commercial aircraft. Lake Charles is the home of McNeese State University, a four-year, fully accredited university, as well as Sowela Technical Community College, one of Louisiana's largest vocational schools. An abundance of streams, rivers and lakes along with museums, art galleries and festivals make the parish a true paradise." |
| Lot Depth: | Varies |
| Zoning Description: | Business |
| Development Name: | Contraband Pointe |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,366 | 46,768 | 96,068 |
| Median Age: | 40.6 | 37.6 | 36.74 |
| Households: | 3,491 | 19,876 | 38,590 |
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