1175 Florida St Mandeville, LA 70448
This exceptional commercial property, located at 1175 Florida Street in Mandeville, Louisiana, presents a unique opportunity for entrepreneurs and businesses seeking a high-visibility location. The property boasts a generous 2.2-acre lot and an existing building offering approximately 885 square feet of versatile space. Its strategic corner location at the intersection of Colbert and Florida Streets ensures excellent exposure to a high volume of traffic. The property's HC-2 (highway commercial) zoning allows for a wide range of business uses, making it suitable for retail establishments, offices, studios, or creative workspaces. Its convenient access to the causeway, Highway 190, and I-12 provides unparalleled connectivity for both employees and customers. The existing building provides a solid foundation for immediate occupancy or renovation to perfectly suit your business needs. Detailed zoning information for HC-2 is available at the provided link: https://library.municode.com/la/st._tammany_parish/codes/code_of_ordinances?nodeId=PTIILADECO_CH130UNDECO_ARTIVZODI_DIV25HICODI. Priced at $620,000, this property offers an exceptional return on investment in a thriving Mandeville location. Don't miss this chance to establish your business in a prime commercial setting.
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.