2908 Fiske Street

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2908 Fiske Street

Lake Charles, LA 70601
Asking Price
$75K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel spans 0.31 acres on Fiske Street
  • Offered for sale at 75000 dollars
  • Situated in the Lake Charles, Louisiana market
  • Located within a region with industrial economic roots
  • Well-positioned for future residential or commercial development

What's Special

Priced at 75000 dollars, this 0.31-acre parcel of land sits on Fiske Street in Lake Charles, Louisiana. The property is positioned within a regional market known for its industrial and maritime economic activity, supported by the petrochemical sector and proximity to major shipping channels. Lake Charles serves as a primary hub for commerce in Southwest Louisiana, benefiting from access to Interstate 10 and a diverse regional workforce. Given the site dimensions and location, the land offers potential for various development projects consistent with local zoning requirements. Investors and developers seeking a foothold in this growing Gulf Coast market will find this site suitable for small-scale residential or commercial improvements. The surrounding area remains well-connected to local infrastructure, providing steady accessibility for future site utilization. This offering represents a straightforward acquisition for those looking to expand their portfolio in a stable Louisiana submarket.

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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291

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