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    1777 Old Spanish Trl Slidell, LA 70458

    For Sale
    $600,000

    Prime 2.4-acre site, unrestricted, reduced price.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2.4-acre property, located at 1777 Old Spanish Trail in Slidell, Louisiana (zip code 70458), presents a compelling investment opportunity. Currently priced at $600,000, this represents a significant price reduction from the original asking price. The land is unrestricted, offering considerable flexibility for development. Its classification includes both retail and self-storage potential, catering to a wide range of uses. Situated near I-10, this location boasts excellent visibility and accessibility, ensuring high traffic volume and convenient access for customers. The land's value is further emphasized by its price per acre of $250,000, reflecting its prime location and development potential within St. Tammany Parish. The property's size and zoning make it ideal for a variety of commercial ventures, including but not limited to a convenience store or self-storage facility. The motivated seller is eager to finalize a transaction, making this an attractive opportunity for investors seeking a high-return property in a thriving Louisiana market. This is a rare chance to acquire a substantial parcel of land in a desirable location at a significantly reduced price.

    Property Features for 1777 Old Spanish Trl

    General Information

    Property type
    Self storage facilities
    Lot Size
    104,544 SF

    HighLights

    • $600,000 asking price.
    • 2.4‑acre lot in Slidell, LA.
    • Retail and self‑storage property type.
    • $250,000/acre land value.
    • Unrestricted convenience store site near I‑10.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Slidell
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.7681134
    Latitude
    30.2520377

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    FAQs

    What type of property is this?
    Self storage facility - Prime 2.4-acre site, unrestricted, reduced price.
    Where is this self storage facility located?
    The property is located at 1777 Old Spanish Trl Slidell, LA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: $600,000 asking price.; 2.4-acre lot in Slidell, LA.; Retail and self-storage property type.
    Request Owner's contact information
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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
    1777 Old Spanish Trl Slidell, LA 70458
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