2600 La-59 Mandeville, LA 70471
This exceptional 0.94-acre commercial land parcel, located at 2600 LA-59 in Mandeville, Louisiana (zip code 70471), presents a unique investment opportunity. Situated on Highway 59, south of Lonesome Road and adjacent to the Diaz Shell Station, this property boasts a highly visible location with significant traffic flow. The lot is zoned NC6, allowing for multiple commercial uses, providing flexibility for a variety of development plans. The asking price is $500,000, translating to $531,915 per acre. This strategically positioned land is only 1.5 miles south of Interstate 12, ensuring easy access to major transportation routes. The area is characterized by strong demographics and high traffic counts, making it an ideal location for businesses seeking high visibility and accessibility. While this listing is for one parcel, a second, similarly sized parcel is also available for purchase, with both parcels available for a combined price of $1,000,000. Please note that some exclusions apply. Detailed information regarding permitted uses under the NC6 zoning designation is readily available upon request. This property offers significant potential for investors seeking a prime commercial location in a thriving area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.