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    2100 La-59 Mandeville, LA 70448

    For Sale
    $1,740,000

    13.3-acre Commercial Land, Mandeville, LA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 13.3-acre commercial land parcel in Mandeville, Louisiana, presents a unique investment opportunity. Designated as a Planned Urban Development (PUD), the property is strategically divided into two distinct zones: a 7.14-acre commercially zoned area and a 6.16-acre area zoned for professional offices. Both zones are seamlessly interconnected, offering four convenient entrances for optimal accessibility. The commercial area boasts two entrances directly onto the three-lane Highway 59, ensuring high visibility and convenient access for businesses. The office/professional area provides two entrances onto paved Walder Road. The property's prime location is approximately two miles from Interstate 12 via Highway 59, and is roughly a half-mile from the intersection of Highways 59 and 1088, each providing separate access to I-12. This strategic location benefits from proximity to Fontainebleau Junior and Senior High Schools, numerous residential subdivisions, churches, and retail establishments, ensuring a robust and established surrounding community. The asking price is $1,740,000, translating to $130,827 per acre. This represents a compelling investment in a thriving Louisiana market. The property's zoning and layout offer significant development potential, making it an ideal choice for investors seeking a high-return opportunity in a desirable location. The PUD designation allows for flexibility in development plans, catering to a wide range of commercial and professional ventures.

    Property Features for 2100 La-59

    General Information

    Property type
    Land
    Lot Size
    579,348 SF

    HighLights

    • Planned Unit Development (PUD) opportunity.
    • 7.14 acres of commercially zoned land.
    • 6.16 acres zoned for professional office use.
    • Four total access points connecting commercial and office areas.
    • Convenient I‑12 access.
    • Strong demographics with nearby schools, churches, and retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mandeville
    County
    St Tammany Parish
    State
    Louisiana
    Longitude
    -90.050334427045
    Latitude
    30.383397274123

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    FAQs

    What type of property is this?
    Land - 13.3-acre Commercial Land, Mandeville, LA
    Where is this land located?
    The property is located at 2100 La-59 Mandeville, LA.
    What is the asking price?
    The asking price for this property is $1,740,000.
    What are key features of this property?
    This property features: Planned Unit Development (PUD) opportunity.; 7.14 acres of commercially zoned land.; 6.16 acres zoned for professional office use.
    (985) 629-3500
    Request Owner's contact information
    2100 La-59 Mandeville, LA 70448
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    Mandeville, LA 70448
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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
    2100 La-59 Mandeville, LA 70448
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