2514 6th Street

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2514 6th Street

Lake Charles, LA 70601
Asking Price
$90K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development land site spanning 0.65 acres in Lake Charles
  • Prime acquisition available for the price of 90000 dollars
  • Strategically positioned at 2514 6th Street in Louisiana
  • Suitable location for diverse residential or commercial development projects
  • Located within the dynamic and growing Lake Charles market

What's Special

Development of this 0.65-acre land parcel at 2514 6th Street in Lake Charles, Louisiana, offers a practical acquisition for investors or builders seeking a foothold in this regional hub. The site sits within a growing market, benefiting from its proximity to the economic drivers of the Lake Charles area, which remains a key center for the petrochemical and gaming industries in the Gulf Coast region. With a total footprint of approximately 0.65 acres, the property is suitable for various residential or small-scale commercial applications depending on local zoning ordinances. Investors looking to diversify their portfolio in this resilient Louisiana market will find the site provides a straightforward opportunity for site-specific development. The parcel is positioned to accommodate a range of project designs, catering to the ongoing demand for infrastructure and development space within the city. Prospective buyers should conduct independent due diligence to confirm the specific development parameters for this urban site.

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NOI
$80,000
Cap Rate
88.89%
DSCR
14.97
Strong
Cash-on-Cash
276.51%
Monthly Payment
$445.271
Annual Cash Flow
$74,656.749

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