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    Cor Of Old Spanish Trl And Faith Dr Slidell, LA 70458

    Sponsored
    For Sale
    $475,000

    Prime Retail Lot, $475,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 42,253 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Slidell, Louisiana. Located at the high-traffic corner of Old Spanish Trail and Faith Drive (Unit 3), this property boasts a prime location ideal for a variety of commercial ventures, particularly fast-food establishments. The land is zoned for commercial use, ensuring seamless development and operational flexibility. With a total asking price of $475,000, the land value calculates to $11.24 per square foot, representing a competitive price point in this desirable area of Saint Tammany Parish. The property's strategic positioning at a busy intersection guarantees significant visibility and accessibility, attracting a large volume of potential customers. This makes it an excellent choice for businesses seeking high foot traffic and convenient access for their clientele. The address is easily identifiable and accessible, offering convenient access for both customers and employees. This turnkey opportunity is ready for immediate development, presenting a unique chance to establish a successful business in a high-demand location. The property's size and zoning provide ample space for construction, allowing for significant customization to meet specific business needs. Don't miss this chance to acquire a prime commercial property in a rapidly growing market. The zip code is 70458.

    Property Features for 0 Cor Of Old Spanish Trl And Faith Dr

    General Information

    Property type
    Land

    HighLights

    • 42,253 SF commercial land parcel in Slidell, LA.
    • Located at the high‑traffic corner of Old Spanish Trail and Faith Drive (Unit 3).
    • Zoned for commercial use.
    • Asking price: $475,000 ($11.24/SF).
    • Prime location for fast‑food restaurants.
    • Turnkey opportunity, ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Slidell
    County
    Saint Tammany
    State
    Louisiana
    Longitude
    -89.7714438
    Latitude
    30.2556288

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    FAQs

    What type of property is this?
    Land - Prime Retail Lot, $475,000
    Where is this land located?
    The property is located at Cor Of Old Spanish Trl And Faith Dr Slidell, LA.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: 42,253 SF commercial land parcel in Slidell, LA.; Located at the high-traffic corner of Old Spanish Trail and Faith Drive (Unit 3).; Zoned for commercial use.
    Request Owner's contact information
    Cor Of Old Spanish Trl And Faith Dr Slidell, LA 70458
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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
    Cor Of Old Spanish Trl And Faith Dr Slidell, LA 70458
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