Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Amber St Slidell, LA 70461

    Sponsored
    For Sale
    $300,000

    2.5 Acres, Ready for Townhomes

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    408
    This exceptional 2.5-acre parcel in Slidell, Louisiana, presents a unique opportunity for residential development. Located on a desirable corner lot, this property (APN 1230594180) is priced at $300,000, or $120,000 per acre, reflecting its prime location and development potential. The land has already been subdivided, making it ideal for a townhome project. A significant advantage for prospective buyers is the availability of existing blueprints for a planned development, streamlining the planning and permitting process. This detailed plan provides a solid foundation for immediate action, minimizing upfront design costs and accelerating the project timeline. Situated in St. Tammany Parish, with a Slidell, LA 70461 zip code, this property offers easy access to local amenities and infrastructure. The coordinates are 30.2929116 latitude and -89.7334354 longitude. This is a rare chance to acquire a ready-to-develop residential site in a thriving Louisiana community. The existing subdivision and available blueprints significantly reduce the time and expense typically associated with new residential projects. Don't miss this chance to capitalize on this exceptional investment opportunity.

    Property Features for 0 Amber St

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    We can help!

    Listing Contact
    Larry Haik jr
    Larry Haik jr

    Learn more

    Property Insight Report

    HighLights

    • 2.5‑acre corner lot in Slidell, LA (APN 1230594180).
    • Priced at $300,000 ($120,000/acre).
    • Already subdivided, ideal for townhomes.
    • Existing blueprints for planned development included, minimizing upfront costs.
    • Located in St. Tammany Parish, zip code 70461, with convenient access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Slidell
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.7334354
    Latitude
    30.2929116

    Nearby Similar for Sale

    • $324,900
      2,484 SF

      Immaculate Duplex in Central Slidell

      Well-maintained duplex with consistent income potential in the heart of Slidell.
      2018 6Th St, Slidell, LA 70458
      View Details
    • $1,500,000

      Versatile Commercial Property with Lake Views

      Prime commercial property featuring a sanctuary, coffee house, and classrooms.
      1510 Lindberg Dr, Slidell, LA 70458
      View Details
    • $547,700
      6,000 SF

      Slidell Strip Center Investment Opportunity

      Fully leased 6-bay strip center generating $4,800/month gross income.
      1365-1389 W Gause Blvd, Slidell, LA 70458
      View Details
    • $215,000
      2,980 SF

      Historic Multi-Purpose Building For Sale

      Historic building on corner lot, ideal for community events.
      1619 E West Dr, Slidell, LA 70460
      View Details
    • $475,000
      11,028 SF

      Slidell Commercial Property with Showroom

      Highway-adjacent commercial property featuring a showroom and office space.
      888 Old Spanish Trl, Slidell, LA 70458
      View Details
    • $326,028
      3,922 SF

      Slidell Office Building For Sale

      Well-maintained office building with built-in income in central location.
      1009 Carnation St, Slidell, LA 70460
      View Details
    • $352,000
      2,010 SF

      Slidell Mixed-Use Property For Sale

      Spacious property with commercial/residential zoning in Olde Town Slidell.
      2239 1St St, Slidell, LA 70458
      View Details
    • $898,000
      8,668 SF

      Retail Shopping Center in Slidell

      Well-maintained retail shopping center in downtown Slidell for sale.
      1265 Gause Blvd, Slidell, LA 70458
      View Details
    • $45,000

      Waterfront Land Ready for Development

      Waterfront lot suitable for fisherman, boaters, and crabbers.
      Pontchartrain Dr, Slidell, LA 70458
      View Details
    • $200,860
      2,718 SF

      Waterfront Home in Palm Lake

      Three-bedroom, three-bath waterfront home with lake views.
      3065 South Palm Dr, Slidell, LA 70458
      View Details
    • $176,122
      2,718 SF

      Waterfront Home on Bayou

      Two-story, four-bedroom home on a large waterfront lot.
      3303 Bonfouca Dr, Slidell, LA 70458
      View Details
    • Contact for pricing
      10,400 SF

      Former Car Care Center Site

      Former car care center near North Shore Square shopping mall.
      150 Northshore Blvd, Slidell, LA 70460
      View Details

    FAQs

    What type of property is this?
    Land - 2.5 Acres, Ready for Townhomes
    Where is this land located?
    The property is located at Amber St Slidell, LA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 2.5-acre corner lot in Slidell, LA (APN 1230594180).; Priced at $300,000 ($120,000/acre).; Already subdivided, ideal for townhomes.
    Request Owner's contact information
    Amber St Slidell, LA 70461
    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.
    Amber St
    Slidell, LA 70461
    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
    Amber St Slidell, LA 70461
    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

    We can help!
    Listing Contact
    Larry Haik jr
    Larry Haik jr
    Real Estate License ID: LA 000036766
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.