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Property profile & analytics
OFF-MARKET
Specialty properties

1841 La-59 Mandeville, LA 70448

5,500 SF Built 1974
Property ID
Property summary
AI-generated overview

This exceptional 5,500 square foot special purpose property, built in 1974, is situated on a highly visible 300-foot frontage along Highway 59 in Mandeville, Louisiana. Boasting a daily traffic count exceeding 20,000 vehicles, this location offers unparalleled exposure. The property includes three houses, two of which currently generate rental income, presenting a unique investment opportunity. The property is zoned NC-4 commercial, allowing for diverse potential uses. All flooring will be replaced with luxury vinyl plank (LVP) in the coming months. This single-story building presents a compelling proposition for those seeking a high-traffic location with existing income streams and significant redevelopment potential. The asking price is $995,000, translating to $180.91 per square foot. Located at 1841 LA-59, Mandeville, LA 70448, this property is in St. Tammany Parish. Schedule a viewing to explore the possibilities.

Property profile
Verified
Property type Specialty properties
Year built 1974
Total area 5,500 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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