Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    LUCILLE Drive lot 12 Lacombe, LA 70445

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $65,000

    LAND - Lacombe, LA

    Lot size:
    0.75 Acres
    Added:
    Jul 20, 2025
    Days on Market:
    274
    Last Refresh:
    Apr 19 at 3:06 am

    Property Features for LUCILLE Drive lot 12

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    res
    Exterior features
    Canal
    Standard status
    Active
    APN
    76774
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Description
    LOT 12 SQ C POWELL HEIGHTS PH 2

    We can help!

    Listing Contact
    Elise Muller Mills

    Listing agent Elise Muller Mills

    Listing office Keller Williams Realty Services 1522 W. Causeway Approach, Mandeville, LA

    Listing date Jul 20, 2025

    MLS# 2512700 Listing URL

    Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land in Lacombe, LA

    This vacant lot in Lacombe, Louisiana, offers waterfront living with direct access to Lake Pontchartrain, suitable for boating, fishing, and kayaking. The 0.75-acre property, zoned for residential use, is situated in a peaceful, natural setting with mature trees and views. It provides an ideal location to build a custom home. The property is located minutes from shopping, dining, and I-12.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Lacombe
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -89.960278
    Latitude
    30.293365

    Nearby Similar for Sale

    • $495,000
      10,750 SF

      Lacombe Commercial Building For Sale

      Multi-purpose 10,750 sq ft building on 1.21 acres.
      28017 HWY 190, Lacombe, LA 70445
      View Details
    • $145,000
      86,772 SF

      Commercial Land in Lacombe, LA

      Two acres of commercial land ready for development.
      61016 NEHL Street, Lacombe, LA 70445
      View Details
    • $219,000
      1,600 SF

      Lacombe Commercial Building For Sale

      Multi-purpose building in high-traffic location suitable for various businesses.
      28093 HWY 190, Lacombe, LA 70445
      View Details
    • $70,000

      Waterfront Land in Lacombe, Louisiana

      Waterfront lot near Lake Pontchartrain, ideal for building a home.
      2678 LUCILLE Drive lot: 13, Lacombe, LA 70445
      View Details
    • $25,000

      Waterfront Land in Lacombe, Louisiana

      2.6-acre waterfront land with access to Lake Ponchartrain.
      29260 PAQUET Road lot: 0, Lacombe, LA 70445
      View Details
    • $19,000

      Vacant Lot with Oak Trees

      Vacant lot in quiet neighborhood with mature oak trees.
      0 HUEY Street, Lacombe, LA 70445
      View Details
    • $165,000

      Land with Hardwood Trees

      Land with hardwood trees, conveniently located near Interstate 12.
      00 SALLY WELCH Road, Lacombe, LA 70445
      View Details
    • $77,900

      Residential Land with Wildlife View

      Land for sale near Lake Pontchartrain with wildlife views.
      Lot 26 MILDRED Drive, Lacombe, LA 70445
      View Details
    • $74,900

      Waterfront Land in Quiet Community

      Waterfront land perfect for weekend home or relaxed living.
      MANDANE Drive lot: A, Lacombe, LA 70445
      View Details
    • $74,900

      Waterfront Land in Quiet Community

      Corner waterfront lot with 520 feet of waterfront.
      MURIEL Lane lot: 29&30, Lacombe, LA 70445
      View Details
    • $92,000

      Highway Frontage Commercial Lot

      High-visibility commercial lot on Highway 190 in Lacombe, LA.
      HIGHWAY 190 lot: 1&12, Lacombe, LA 70445
      View Details
    • $34,000
      37,961 SF

      Prime Commercial Land in Lacombe

      Spacious lot with highway frontage in established Lacombe neighborhood.
      Hwy 190, Lacombe La HWY. 190 Highway, Lacombe, LA 70445
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Vacant waterfront lot with access to Lake Pontchartrain.
    Where is this waterfront land located?
    The property is located at LUCILLE Drive lot 12 Lacombe, LA.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: Waterfront property with direct access to Lake Pontchartrain; Ideal for boating, fishing, and kayaking; Peaceful, natural setting with mature trees and stunning views
    (985) 727-7000
    We can help!
    Listing Contact
    Elise Muller Mills
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!