Power Center Parkway

Vacant Land for Sale
Catylist Listing ID: 30115294
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 23 Acres
Sale Price: $2,855,358
Unit Price: $124,146 Per Acre
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2018

Overview / Comments

At $2.85 per square foot, this commercial land is one of the best values in Lake Charles.

Fully mitigated, this commercial land also lends itself to residential development (a high-end condominium development is across the street), an office park.. This parcel is located just south of Wal-Mart, Old Navy, Outback, Academy, Lowes and more. It's also located just north of Morganfield, one of the areas largest residential developments.

Take a look at the apartment radius map for further evidence of viability of location.

Owners will consider subdivide.

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Property Located Between: I-210 and 5th Avenue
Property Visibility: Good
Legal Description: S16, T10S, R8W
Largest Nearby Street: Gerstner Memorial
Feet of Frontage: 700
Highway Access: I-210
Area Description: High growth area.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,354 48,967 87,675
Median Age: 30.56 34.69 36.39
Households: 2,539 19,086 34,731

Contact

Photograph of Listing Agent

Peggy R Grace

Engel & Volkers Lake Charles Lake Charles, LA 70601
LACDB Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.