4.35 Acre Tract for Sale

Vacant Land for Sale
Catylist Listing ID: 29933263
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 4.35 Acres
Sale Price: $4,500,000
Unit Price: $1,034,482 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/18/2017

Overview / Comments

- Prime 4.35 acre tract located in Lake Charles CBD one of the fastest growing cities in the country.
- Lake Charles is poised for significant growth with $11 billion in capital projects under construction and billions more planned
- Zoned T-5 Urban Center Transect allowing variety of uses
- Great access to I-10 and I-210
- Unobstructed view of Lake Charles.

Lot is across the street from The Capital One Tower downtown with frontage on Veterans Memorial Boulevard, W. Pine Street, Ann Street and W. Mill Street.

Attachments & Media

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Property Located Between: Veterans Memorial Boulevard, W. Pine Street, Ann Street and W. Mill Street
Property Visibility: Excellent
Legal Description: A tract of land being BLK 28 Thomas Bilbo and Ann Lawrence Sub plus part of Houston Sub of BLK 26 B&L; Lots 000102, 000202, 0003, 0004, 0005, 0006, 0007, 0008, 0009, 0010, 001101 and 000A.
Highway Access: I-10 and I-210
Zoning Description: Zoned T-5 Urban Center Transect allowing variety of uses

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,401 51,877 87,557
Median Age: 41.06 38.17 36.87
Households: 2,648 21,154 35,229
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