Catylist ID:
#30782153
11.5 acres on South side of Contraband Parkway (Area 3D)
Vacant Land
for Sale
| Catylist Listing ID: | 30782153 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad |
| Gross Land Area: | 11.50 Acres |
| Sale Price: | $4,057,614 |
| Unit Price: | $352,836 Per Acre |
| Land Splits Available: | Yes |
| 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. 3000+- hotel rooms, including the luxurious L’Auberge and Golden Nugget casino resorts, are within 1.5 miles of the proposed entrance to this magnificent retail opportunity on W. Prien Lake Road next to Prien Plaza (Target). Of these rooms, approximately 900 are located within 1800 feet of the entrance to Contraband Pointe. 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 that connects the Traffic Circle on W. Prien Lake Road to Nelson Road at L'Auberge Avenue. Be sure to check out the link provided that leads to a full description as found on ContrabandPointe.com, A 360-degree drone Aerial Tour is also available in the links section. The developer is responsible for all infrastructure. All dimensions and acreage estimated. |
Attachments & Media
Additional Details
| Nearest MSA: | Lake Charles |
| County: | Calcasieu |
| Taxing Authority: | Calcasieu Parish Police Jury |
| 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 will be filed at closing. |
| Largest Nearby Street: | Nelson Road |
| Feet of Frontage: | 1,080 |
| Traffic/Vehicle Count: | 13,808 |
| Highway Access: | The property is visible and accessible to I-210 from Lake Street or Nelson Road. I-210 Traffic Counts from the closest traffic count locations for 2016 was 51,346 |
| 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 an approximate 134 acres remaining (1.23 acres m/l are Under Contract) after the owners donated property for the 4 lane road under construction that will connect the Holly Hill Traffic Circle to L'Auberge Avenue at Nelson Road. Near hotels, motels,restaurants, shopping, and two major gaming and golf enterprises, this extraordinary property offers a significant opportunity for those wanting to invest in a location in the center of the dynamic Southwest Louisiana market. Highlights of the incredible amenities: -Visibility from I-210 -Favorably zoned “business” by the City of Lake Charles- -All public utilities -Proximity to the luxurious L’Auberge Casino Resort -Proximity to The Golden Nugget Casino -Proximity to 17 hotels (includes 1 motel) with over 3400 hotel rooms within 1.5 miles of the entrance to the retail section. Of these, approximately 950 rooms are located within 1800 feet of the entrance! -Easy access from I-210, Lake Street, and the proposed Nelson Road Extension Bridge -DOTD road (Contraband Parkway) under construction. -Preliminary approval of Contraband Pointe, a proposed mixed-use development was achieved in 2013. Note that the renderings provided in the images and attachment section are conceptual in nature and do not reflect the final alignment for the DOTD road. City Planning will require a new submission based on updated plans. While not a part of this offering, note that 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 hotels, restaurants, retail, and more! Don't be fooled by the traffic count listed as that only represents W. Prien Lake Road. The property can be seen from I-210 which touted a 53,000 cars per day in 2016. This property is within 2000 feet of Nelson Road and I-210. |
| Lot Frontage: | 1080 |
| Lot Depth: | Varies |
| Zoning Description: | Business |
| Development Name: | Contraband Pointe |
| Easements: | Ingress/Egress, Water Rights, Utilities |
| Easements Description: | See attached engineering drawing. |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,119 | 47,137 | 94,179 |
| Median Age: | 43.23 | 37.74 | 36.78 |
| Households: | 2,985 | 20,035 | 37,850 |
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