TBD Pryce Street

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TBD Pryce Street

Lake Charles, LA 70601
Asking Price
$63K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 0.505-acre land parcel is located in Lake Charles
  • Current asking price for the property is $62,500
  • The site is positioned within the 70601 zip code
  • The land is available for acquisition in southwest Louisiana
  • Suitable for diverse development types in a regional hub

What's Special

Priced at $62,500, this 0.505-acre parcel of land provides a clear development footprint in Lake Charles, Louisiana. Situated within the 70601 zip code, the site benefits from the regional economic activity that defines this hub of the Gulf Coast. The local economy maintains a steady foundation supported by industrial sectors and proximity to major waterways, making it a functional choice for entities looking to secure a foothold in a growing market. Given the lot size and location, this parcel is suited for various land use applications depending on specific municipal requirements. The site offers enough square footage for small-scale commercial, industrial, or residential projects seeking accessibility to the broader Lake Charles submarket. Investors and builders can evaluate this land for its potential to support utility or storage-based operations while capitalizing on the ongoing development trends within this Louisiana region.

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NOI
$80,000
Cap Rate
128.00%
DSCR
21.56
Strong
Cash-on-Cash
406.88%
Monthly Payment
$309.216
Annual Cash Flow
$76,289.409

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