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Property profile & analytics
OFF-MARKET
Land

I-12 2-B Mandeville, LA 70448

16.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.2-acre industrial land parcel is situated within the prestigious Gulf South Commerce Park in Mandeville, Louisiana. Located at I-12 and Highway 1088, this AML-zoned property offers unparalleled access to major transportation arteries, including Interstates 10 and 55, providing seamless connectivity to the Port of New Orleans and New Orleans Public Belt Railroad. The strategic location within a 30-mile radius of New Orleans positions this land as an ideal site for large-scale logistics, distribution, advanced manufacturing, R&D, sustainable businesses, or health and science companies. Benefit from the park's proximity to critical infrastructure and a skilled workforce, making it an attractive investment opportunity for businesses seeking efficient transportation and access to a robust regional economy. The asking price is $4,234,032, representing a land value of $261,360 per acre. This property presents a unique chance to establish a significant presence in a thriving industrial hub within St. Tammany Parish, Louisiana, zip code 70448. The site is part of a nearly 1,000-acre development, offering potential for expansion and synergy with other businesses in the park. This is a rare opportunity to acquire prime industrial land in a highly desirable location with exceptional infrastructure and connectivity.

Property profile
Verified
Property type Land
Lot 16.2 ac (705,672 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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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