Power Center Parkway

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30115294
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage, Other
Status: Pending/Contingent
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: 7/8/2019

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.

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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 Richard Grace, CCIM

Engel & Volkers Lafayette-Lake Charles Lafayette, LA 70508
LACDB Member
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