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Property profile & analytics
OFF-MARKET
Land

2600 La-59 Mandeville, LA 70471

0.94 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.94 ac (40,946 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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