Catylist ID:
#30366800
| Catylist Listing ID: | 30366800 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Retail, Vacation/Resort |
| Gross Land Area: | 116,171 SF |
| Sale Price: | $12.50 PSF |
| Total Price: | $1,452,137 |
| Land Splits Available: | Yes |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/19/2019 |
Overview / Comments
|
As shown on the attached engineers drawing, this approximate 2.7 acre offering features 140' on Contraband Parkway, the new 4-lane road with a median that is projected to open by the end of March. Referred to as Area 6E, this parcel will have appeal to a variety of mixed-use end users. Additional property is available which would make this an ideal setting for an impressive business park within Contraband Pointe. There are a variety of reasons why Contraband Pointe is considered the crown jewel of real estate in Southwest Louisiana! -proximity to Golden Nugget and L’Auberge Hotel and Golfing Resorts -nearby retail as evidenced by the list of nearby retailers (see links) -proximity to hospitals and growing medical community -easy access to I-210, Lake Street and Nelson Road -a new, 4-lane road with a median and sidewalks on both sides is under construction that bisects the property, connecting W. Prien Lake Road at the Holly Hill Traffic Circle to Nelson Road at L'Auberge Avenue. -Within 1,800 feet of the entrance to the retail portion off W. Prien Lake Road, there are over 950 hotel rooms! -There are 17 hotels (1 is a motel) and over 3400 rooms within 1.5 miles of the proposed entrance to Contraband Pointe on W. Prien Lake Road As long as property sales are contiguous to land already closed, property dimensions can be adjusted according to the end-user's needs. Buyers are responsible for installing infrastructure, including the road on the Western boundary. The price is valid for closings prior to July 1, 2019. There will be a .50/SqFt increase for sales after July 1, 2019. |
Attachments & Media
Additional Details
| Nearest MSA: | Lake Charles |
| County: | Calcasieu |
| Taxing Authority: | Calcasieu Parish |
| Tax ID/APN: | 87556 |
| Zoning: | BUSINESS |
| Property Located Between: | Lake Street and Nelson, W. Prien Lake and Contraband Bayou |
| Property Visibility: | Excellent |
| Legal Description: | Tract (TBD) of Contraband Pointe Subdivision |
| Largest Nearby Street: | W. Prien Lake Road and Nelson Road |
| Feet of Frontage: | 140 |
| Airports: | Lake Charles Municipal Airport |
| Site Description: | Google South of I-210 near L'Auberge (or the link provided) to see how significant this property is insofar as location and amenities. |
| Area Description: | Lake Charles continues to enjoy an economic boom with $42M in construction in the pipeline. Visit the Contraband Point section on BarbeProperty.com for a partial list of the numerous and high quality retail, hotel and restaurants nearby. |
| Lot Frontage: | 238 |
| Lot Depth: | varies, approx 538 on West side, 400' East side |
| Zoning Description: | Business |
| Development Name: | Contraband Pointe |
| Topography: | Gently Sloping |
| Easements: | Utilities, Other |
| Easements Description: | TBD |
| Available Utilities: | Electric, Water, Gas, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,366 | 49,555 | 98,162 |
| Median Age: | 40.6 | 37.1 | 36.69 |
| Households: | 3,491 | 20,966 | 39,365 |
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