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    Lot Fncb Herwig Blf Rd Slidell, LA 70459

    For Sale
    $379,500

    1.46 Acres, High Visibility, $379,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.46-acre commercial lot in Slidell, Louisiana, presents a remarkable investment opportunity. Located in St. Tammany County at Lot FNCB, Herwig Bluff Rd, zip code 70459 (30.2928136, -89.7057291), this property boasts a prime location adjacent to a Walgreens at the highly trafficked intersection of Gause Boulevard East and Military Road. The strategic setback of the Walgreens ensures exceptional visibility for any development on this site. The land is zoned for commercial use, making it ideal for a variety of ventures, including retail establishments or medical facilities. With a total asking price of $379,500, this translates to an attractive price per acre of $259,931. The property's high visibility and convenient location within a bustling commercial area promise significant potential for return on investment. This is a rare opportunity to acquire a strategically positioned commercial lot in a thriving Louisiana market. Serious inquiries are encouraged to explore the possibilities of this exceptional property. The property is designated as Multi-Family and Hospitality permitted uses under the Commercial zoning.

    Property Features for 0 Lot Fncb Herwig Blf Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    63,598 SF

    HighLights

    • $379,500 asking price for 1.46 acres of commercially zoned land.
    • Located in Slidell, LA (St. Tammany County, zip code 70459), at Lot FNCB, Herwig Bluff Rd.
    • Land value: $259,931 per acre.
    • Excellent visibility due to location next to a Walgreens at a busy intersection (Gause East and Military Rd).
    • Ideal for retail or medical uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Map

    City
    Slidell
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -89.7057291
    Latitude
    30.2928136

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    FAQs

    What type of property is this?
    Multifamily property - 1.46 Acres, High Visibility, $379,500
    Where is this multifamily property located?
    The property is located at Lot Fncb Herwig Blf Rd Slidell, LA.
    What is the asking price?
    The asking price for this property is $379,500.
    What are key features of this property?
    This property features: $379,500 asking price for 1.46 acres of commercially zoned land.; Located in Slidell, LA (St. Tammany County, zip code 70459), at Lot FNCB, Herwig Bluff Rd.; Land value: $259,931 per acre.
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    Realmo Value Estimation

    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.

    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.

    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
    Lot Fncb Herwig Blf Rd Slidell, LA 70459
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