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Investment Highlights
- 0.64-acre corner lot at Ryan Street and Pryce Street in downtown Lake Charles.
- Full utility access, including public water, sewer, and electricity, supports immediate development.
- Located within a federally designated Opportunity Zone, offering potential tax incentives.
Executive Summary
This 0.64-acre commercial parcel is strategically located at the corner of Ryan Street and Pryce Street in downtown Lake Charles, Louisiana. Zoned T-5 Urban Center Transect, the site supports a wide range of commercial and mixed-use development opportunities, making it an attractive option for investors and developers seeking to capitalize on the city’s growth trajectory. The property’s corner positioning offers excellent visibility and accessibility, with direct frontage on a well-traveled corridor that connects to key business and retail destinations in the region.
The site benefits from full utility availability, including public water, sewer, and electricity, reducing development lead time and costs. Its inclusion within a federally designated Opportunity Zone provides potential tax advantages for qualified investors, further enhancing the long-term value proposition. With a lot size of approximately 0.64 acres and dimensions of 140 by 200 feet, the property offers flexibility for a variety of building configurations and uses, from retail and office to mixed-use projects.
Located in a vibrant urban setting with sidewalks and nearby amenities, this parcel is positioned to serve the growing demand for commercial and residential services in Lake Charles. Its proximity to major thoroughfares and the city’s central business district ensures strong connectivity and sustained traffic
The site benefits from full utility availability, including public water, sewer, and electricity, reducing development lead time and costs. Its inclusion within a federally designated Opportunity Zone provides potential tax advantages for qualified investors, further enhancing the long-term value proposition. With a lot size of approximately 0.64 acres and dimensions of 140 by 200 feet, the property offers flexibility for a variety of building configurations and uses, from retail and office to mixed-use projects.
Located in a vibrant urban setting with sidewalks and nearby amenities, this parcel is positioned to serve the growing demand for commercial and residential services in Lake Charles. Its proximity to major thoroughfares and the city’s central business district ensures strong connectivity and sustained traffic
Property Facts
| Price | $298,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.64 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | T-5 - Urban Center Transect/Commercial | ||
| Price | $298,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.64 AC |
| Opportunity Zone |
Yes |
| Zoning | T-5 - Urban Center Transect/Commercial |
1 Lot Available
Lot
| Price | $298,500 | Lot Size | 0.64 AC |
| Price Per AC | $466,413.54 |
| Price | $298,500 |
| Price Per AC | $466,413.54 |
| Lot Size | 0.64 AC |
27,878 Square feet
Description
The property consists of a 0.64-acre parcel located at the intersection of Ryan Street and Pryce Street in Lake Charles, Louisiana. It is zoned T-5 Urban Center Transect and is situated within an Opportunity Zone. The site has paved road frontage and access to public utilities, including water, sewer, and electricity.
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