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    2601 La-59 Mandeville, LA 70471

    Sponsored
    For Sale
    $500,000

    Prime 0.94-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.94-acre commercial land parcel is strategically located at 2601 LA-59 in Mandeville, Louisiana, zip code 70471, just south of Lonesome Road and west of Highway 59. Situated next to the Diaz Shell Station, this property boasts high traffic counts and excellent demographics, making it an ideal location for a variety of commercial ventures. The lot is zoned NC6, allowing for multiple uses. Its proximity to Interstate 12 (only 1.5 miles away) further enhances its accessibility and appeal. Offered at $500,000, this represents a land value of approximately $531,915 per acre. This parcel is part of a larger offering; an adjacent parcel is also available for purchase. Both parcels can be acquired together for $1,000,000. Please note that some exclusions apply. The property's address is precisely 2601 LA-59, Mandeville, LA 70471, within St. Tammany Parish. This presents a rare opportunity to secure a prime commercial site in a thriving Louisiana market. Serious inquiries are encouraged.

    Property Features for 2601 La-59

    General Information

    Property type
    Land
    Lot Size
    40,946 SF

    HighLights

    • $500,000 asking price for 0.94 acres of commercial land.
    • Located in Mandeville, LA, at 2601 LA‑59, St. Tammany Parish, zip code 70471.
    • NC6 zoning allows multiple uses.
    • Land value: $531,915 per acre.
    • High traffic count and excellent demographics; situated near I‑12 and a gas station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mandeville
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.0408727
    Latitude
    30.415421

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    FAQs

    What type of property is this?
    Land - Prime 0.94-acre commercial lot.
    Where is this land located?
    The property is located at 2601 La-59 Mandeville, LA.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 asking price for 0.94 acres of commercial land.; Located in Mandeville, LA, at 2601 LA-59, St. Tammany Parish, zip code 70471.; NC6 zoning allows multiple uses.
    (985) 629-3500
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    2601 La-59 Mandeville, LA 70471
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    Mandeville, LA 70471
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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
    2601 La-59 Mandeville, LA 70471
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