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4226 Lake Street
Lake Charles, LA 70605
Asking Price
$4.36M
Asset Type
Commercial Land
Class
Class B
What's Special
4226 Lake Street <ul><li>Rare ±4-Acre Commercial Tract Within City Limits</li><li>Divisible Site Opportunities</li><li>Three Existing Curb Cuts</li><li>Fully stabilized aggregate surface</li><li>Shovel Ready for Development</li><li>Business Zoning Throughout</li><li>Located in Flood Zone X</li><li>Strategically positioned between Lake Street and Canal Street, providing excellent access, development flexibility, and multiple development opportunities.</li><li>All city utilities are available to the site<
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NOI
$80,000
Cap Rate
1.84%
DSCR
0.31
Underwater
Cash-on-Cash
-13.67%
Monthly Payment
$21,551.111
Annual Cash Flow
$-178,613.335
