615 Sam Houston Jones Parkway

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615 Sam Houston Jones Parkway

Lake Charles, LA 70615
Asking Price
$340K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel spans 0.756 acres of developable land.
  • Asking price for the property is $340,000.
  • Located at 615 Sam Houston Jones Parkway.
  • Site resides within the Lake Charles, Louisiana market.
  • Well-positioned for various commercial development use cases.

What's Special

Priced at $340,000, this 0.756-acre parcel located at 615 Sam Houston Jones Parkway presents a strategic acquisition in Lake Charles, Louisiana. The site sits within a growing region of the state known for its industrial significance and proximity to the Gulf Coast energy corridor. This land is well-positioned for investors or developers seeking to capitalize on the steady economic activity defining this portion of the metro area. Given the parcel size and frontage on a primary artery, the property is suited for a variety of commercial or professional development applications. Proximity to local infrastructure and regional thoroughfares supports accessibility for both commercial clients and future end-users. The site offers a clean canvas for projects looking to establish a footprint in this active market, providing flexibility for business owners or developers focused on long-term value within the Lake Charles commercial landscape.

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NOI
$80,000
Cap Rate
23.53%
DSCR
3.96
Strong
Cash-on-Cash
58.64%
Monthly Payment
$1,682.134
Annual Cash Flow
$59,814.386

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