3420 5th Ave Lake Charles, LA 70607
Estimated payment $15,120/month
About This Lot
Presenting an exceptional investment opportunity at 3420 5th Avenue, Lake Charles, LA 70607: an expansive 7.8 acre commercial tract boasting over 400 feet of frontage along Interstate 210, ensuring unparalleled visibility and accessibility for a multitude of business ventures. Formerly home to a 50,000-square-foot climate-controlled shopping center, the property retains a majority of its hard surface concrete foundation, offering a nice base for redevelopment. Strategically positioned on a prominent bus route, this location enhances connectivity for employees and customers alike, promoting increased foot traffic and broadening the potential labor pool--an invaluable asset for retail, office, or mixed-use developments. Situated within Flood Zone X, the property benefits from a minimal flood risk designation, potentially lowering insurance premiums and safeguarding investment. Lake Charles, with a 2023 population of approximately 81,679 and presents a stable and growing economic environment conducive to business success. The city's diverse economy, bolstered by sectors such as refineries, gaming, and education, coupled with its strategic location near major transportation arteries, positions this tract as a prime candidate for a variety of commercial applications. Zoned for commercial use, the site offers flexibility to accommodate a range of developments, from retail centers and office complexes to hospitality ventures. This unique combination of size, location, infrastructure, and demographic advantages makes this one an unparalleled opportunity for investors and developers seeking to capitalize on the dynamic growth of Lake Charles.
Listing Agent
Lydia Holland
RE/MAX ONE License #995701936 Listed on: 05/23/2025
Co-Listing Agent
Mary McKinney
RE/MAX ONE License #995693757
Map
Property Details
Property Type
Land
Est. Annual Taxes
$5,246
Lot Details
0
Listing Details
- Property Sub Type: Land
- Property Type: Land
- Lot Size: 346x45x172x155x401x133x122x124x367x723
- Road Frontage Type: City Street
- Road Surface Type: Maintained, Paved
- Co List Office Mls Id: 368
- Co List Office Phone: 337-725-4663
- Co List Office Mls Id: 368
- Co List Office Phone: 337-725-4663
- Subdivision Name: Wilshire Place Pt 1
- Directions: I-210, South on Louisiana Ave, East on College, South on 5th Avenue
- Special Features: VirtualTour
Utilities
- Water Source: Public
Condo/Co-op/Association
- Common Interest: None
Lot Info
- Land Lease: No
- Lot Size Sq Ft: 339768.0
- Additional Parcels: No
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $5,246 | $54,120 | $54,120 | $0 |
2023 | $5,246 | $54,120 | $54,120 | $0 |
2022 | $12,254 | $121,850 | $54,120 | $67,730 |
2021 | $10,713 | $121,850 | $54,120 | $67,730 |
2020 | $19,186 | $186,870 | $51,410 | $135,460 |
2019 | $22,901 | $218,520 | $49,200 | $169,320 |
2018 | $21,741 | $205,100 | $35,780 | $169,320 |
2017 | $21,667 | $205,100 | $35,780 | $169,320 |
2016 | $21,517 | $205,100 | $35,780 | $169,320 |
2015 | $21,517 | $205,100 | $35,780 | $169,320 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/23/2025 05/23/25 | For Sale | $2,700,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Cash Sale Deed | $765,000 | Elite Title Services Llc |
Source: Southwest Louisiana Association of REALTORS®
MLS Number: SWL25002946
APN: 00476927
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