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Lot/land
  • $2,700,000

    3420 5th Ave, Lake Charles, LA 70607

    --beds
    --baths
    7.8Acres
    Land
    Built in ----
    7.8 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Zoned for commercial use
    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.
    403 days
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    8
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lydia L Holland 337-794-7848,

    RE/MAX ONE 337-725-4663,

    Mary K McKinney 337-515-2403,

    RE/MAX ONE

    Source: SWLAR,MLS#: SWL25002946

      Facts & features

      Interior

      Property

      Features
      • Fencing: None
      Lot
      • Size: 7.8 Acres
      • Dimensions: 346 x 45 x 172 x 155 x 401 x 133 x 122 x 124 x 367 x 723
      • Features: Corner Lot, Regular Lot
      Details
      • Parcel number: 00476927
      • Special conditions: Standard

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Subdivision: Wilshire Place Pt 1
      HOA
      • Has HOA: No
      Location
      • Region: Lake Charles

      Financial & listing details

      • Tax assessed value: $541,200
      • Annual tax amount: $5,316
      • Date on market: 5/24/2025
      • Cumulative days on market: 404 days
      • Road surface type: Maintained, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,887/mo

        Price history

        DateEventPrice
        5/24/2025Listed for sale$2,700,000
        Source: Greater Southern MLS #SWL25002946 Report a problem
        3/17/2016Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,316 +1.3%$54,120
        2024$5,246 -3.6%$54,120
        2023$5,441 -55.6%$54,120 -55.6%
        2022$12,254 -2.4%$121,850
        2021$12,555 -34.6%$121,850 -34.8%
        2020$19,186 -16.2%$186,870 -14.5%
        2019$22,901 $218,520 +6.5%
        2018$22,901 +5.3%$205,100
        2017$21,741 +0.3%$205,100
        2016$21,667 +0.7%$205,100
        2015$21,517 $205,100

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 70607

        Getting around

        31 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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