TBD Prejean Drive

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TBD Prejean Drive

Lake Charles, LA 70607
Asking Price
$369K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 4.4-acre site is available for purchase at $369,000.
  • Property is situated on Prejean Drive in Lake Charles, Louisiana.
  • This land tract serves as a versatile space for commercial development.
  • The region benefits from proximity to major Gulf Coast energy employers.
  • Southwestern Louisiana offers robust access to regional industrial logistics networks.

What's Special

Priced at $369,000, this 4.4-acre parcel on Prejean Drive presents a clear development prospect in Lake Charles, Louisiana. The site sits within a region recognized for its industrial activity and proximity to major energy sector employers, serving as a vital hub along the Gulf Coast. Given the land size and local zoning trends, the property is suitable for various commercial or industrial applications that require proximity to regional transit corridors and the growing economic base of the Lake Charles submarket. Investors and developers focused on the Louisiana market will find this acreage provides a functional footprint for expansion. The surrounding area continues to see consistent activity driven by petrochemical development and logistics infrastructure. This land represents a tangible asset for businesses seeking to establish or grow their operational presence in a key southwestern Louisiana location.

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NOI
$80,000
Cap Rate
21.68%
DSCR
3.65
Strong
Cash-on-Cash
52.48%
Monthly Payment
$1,825.611
Annual Cash Flow
$58,092.672

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