TBD Ruth and Allen Street

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TBD Ruth and Allen Street

Sulphur, LA 70663
Asking Price
$750K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Development site encompassing 1.88 acres of land in Sulphur.
  • Located at the intersection of Ruth Street and Allen Street.
  • The asking price for this commercial parcel is $750,000.
  • Property is situated within the active Lake Charles metropolitan market.
  • Potential utility for varied retail or professional commercial development projects.

What's Special

This 1.88-acre parcel of land sits at the intersection of Ruth and Allen Street in Sulphur, Louisiana. Positioned within a growing industrial and commercial corridor, the site benefits from the regional economic activity driven by the proximity to major petrochemical facilities and logistics hubs in the Lake Charles metropolitan area. The flat terrain and strategic placement offer significant utility for developers and investors looking to establish a footprint in this active market. Given the accessible location, the property is well-suited for diverse commercial development projects, ranging from retail storefronts and professional offices to light industrial storage or service-oriented facilities. Investors will find this a viable addition to a portfolio focused on the expansion of local commerce in Calcasieu Parish. The regional infrastructure provides connectivity to major freight routes, ensuring long-term viability for business operations requiring logistical efficiency and high visibility in a developing suburban business climate.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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