0 Highway 59 Mandeville, LA 70471
This exceptional 95.48-acre industrial land parcel presents a significant investment opportunity in Mandeville, Louisiana. Strategically located just north of I-12 with 1300 feet of frontage on Highway 59, this property enjoys a central position between I-55 and I-59 within the burgeoning I-10/I-12 corridor. The site boasts adjacency to Alamosa Business Park to the south and the St. Tammany Parish Government Complex to the north, offering excellent visibility and accessibility. The land is divisible, with options ranging from approximately 15 to 95 acres, subject to seller approval. The property spans both sides of the Tammany Trace, encompassing 29.5 acres on the east side and 65.48 acres on the west. Currently zoned I-2 Industrial, the Highway 59 frontage holds potential for HC2 zoning. Detailed pricing varies depending on parcel size and configuration, with options ranging from approximately $2.25 to $5 per square foot. The total asking price for the entire 95.48-acre tract is $9,923,142. Existing easements include electric lines and others. The property's APN is 1121408835. This prime location and flexible parcel options make this an ideal site for various industrial and commercial developments. The property offers approximately 1200 feet of frontage along the Tammany Trace. Lot depth is approximately 2138 feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.