2100 La-59 Mandeville, LA 70448
This exceptional 13.3-acre commercial land parcel in Mandeville, Louisiana, presents a unique investment opportunity. Designated as a Planned Urban Development (PUD), the property is strategically divided into two distinct zones: a 7.14-acre commercially zoned area and a 6.16-acre area zoned for professional offices. Both zones are seamlessly interconnected, offering four convenient entrances for optimal accessibility. The commercial area boasts two entrances directly onto the three-lane Highway 59, ensuring high visibility and convenient access for businesses. The office/professional area provides two entrances onto paved Walder Road. The property's prime location is approximately two miles from Interstate 12 via Highway 59, and is roughly a half-mile from the intersection of Highways 59 and 1088, each providing separate access to I-12. This strategic location benefits from proximity to Fontainebleau Junior and Senior High Schools, numerous residential subdivisions, churches, and retail establishments, ensuring a robust and established surrounding community. The asking price is $1,740,000, translating to $130,827 per acre. This represents a compelling investment in a thriving Louisiana market. The property's zoning and layout offer significant development potential, making it an ideal choice for investors seeking a high-return opportunity in a desirable location. The PUD designation allows for flexibility in development plans, catering to a wide range of commercial and professional ventures.
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.