Tbd Prejean Dr, Lake Charles, LA 70607

$369,000

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List Price
$369,000
Status
ACTIVE
Days on Market
102
MLS#
SWL26001755
Subtype
Land
Lot Size
4
Acres
4.40
MLS Area Major
Other

Property Description

This 4.4-acre +/- mixed-use development tract offers a premier investment opportunity within one of the most active growth corridors in Lake Charles. Positioned less than 0.1 miles from a stabilized single-family subdivision and bordered by high-density multi-family developments, the site is primed to capture sustained residential demand. The location provides exceptional regional connectivity, situated approximately 3 miles from McNeese State University and 7 miles from Lake Charles Regional Airport. Furthermore, the property is within a 5 to 10-minute drive of Interstate 210, which carries approximately 40,000 vehicles per day, and the primary retail hub along Prien Lake Road and Nelson Road. This established corridor features major national anchors including Walmart, Target, Lowe’s, and The Home Depot, ensuring a robust consumer draw. The flexible zoning framework allows for a variety of high-yield exit strategies, supporting a potential for 50 to 79 residential units or a diverse mixed-use project. Current zoning permits the development of single-family attached or detached dwellings at a density of 12 units per acre. With a Minor Conditional Use permit, developers can increase residential capacity to 18 units per acre or integrate commercial components such as indoor retail, professional offices, and food and beverage outlets. This site is uniquely positioned to fill a critical gap in local service and housing inventory while benefiting from the area's high traffic volumes and proven retail success. This offering represents a prime opportunity to secure acreage in a part of Lake Charles that has shown consistent growth and housing demand.

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Calculator source: Real Geeks

Listing courtesy of Exit Realty Southern.