0 Airport Rd Slidell, LA 70460
This exceptional 400-acre property, situated on Airport Road north of I-12 in Slidell, Louisiana, presents a remarkable investment opportunity. Boasting 2,200 feet of road frontage, this expansive tract is zoned for diverse uses, including agricultural, industrial, multi-family residential, single-family residential, mobile home parks, and office development. The land's location in St. Tammany Parish, known for its thriving economy and highly-rated school system, offers significant potential for future growth. The $2,000,000 asking price translates to $5,000 per acre, reflecting the property's strategic location and development potential. The area's history, marked by the establishment of the New Orleans and Northeastern Railroad and its proximity to the Lake Pontchartrain Causeway and I-12, has fueled significant population growth and economic prosperity. This prime location offers easy access to major transportation arteries, making it an attractive site for a wide range of development projects. The property's size and versatility make it suitable for large-scale projects, catering to the increasing demand for housing and commercial space in the rapidly developing Slidell area. This is a rare opportunity to acquire a substantial land holding in a high-growth area of Louisiana. The zip code is 70460.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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