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    Military Rd Slidell, LA 70461

    For Sale
    $188,836

    1.08 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1.08-acre commercial land parcel presents a remarkable investment opportunity in the thriving Slidell, Louisiana market. Located on S. Military Rd, in Saint Tammany County, zip code 70461, this property boasts a highly desirable Commercial/Residential/Multi-Family zoning designation, offering unparalleled flexibility for development. The asking price is $188,836, translating to a land value of $174,848 per acre, reflecting the strong market demand in this area. The property's prime location provides excellent accessibility and visibility, making it ideal for a variety of commercial and multi-family projects. With its generous size and versatile zoning, this land parcel offers significant potential for substantial returns. Prospective buyers will appreciate the strategic location and the opportunity to create a thriving commercial or residential development. The property is ready for immediate development, presenting a unique chance to capitalize on the growing Slidell market. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a sizable, well-located parcel in a dynamic Louisiana market. Don't miss out on this exceptional investment prospect. Serious inquiries only.

    Property Features for 0 Military Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    47,045 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    High-rise multifamily apartments

    Map

    City
    Slidell
    County
    Saint Tammany
    State
    Louisiana
    Longitude
    -89.7186254
    Latitude
    30.2764672

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    FAQs

    What type of property is this?
    Multifamily property - 1.08 Acres, Prime Commercial Location
    Where is this multifamily property located?
    The property is located at Military Rd Slidell, LA.
    What is the asking price?
    The asking price for this property is $188,836.
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    Military Rd Slidell, LA 70461
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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
    Military Rd Slidell, LA 70461
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