249 General Patton Ave Mandeville, LA 70471
This exceptional 2.14-acre industrial land parcel in Mandeville, LA, offers a unique investment opportunity. Located within the prestigious Northshore Commercial Park, this property boasts convenient access to I-12 and Highway 59, ensuring seamless logistics. The combined lots (13 & 28), totaling 93,502 square feet, are partially cleared and situated on a concrete loop street for easy access. With a 113-foot ceiling height and I-2 (Intense Industrial) zoning, this site is ideal for various industrial developments. The property is in Flood Zone C and features existing water and electrical services. No impact fees apply. Final plans require approval from the Department of Planning, adhering to St. Tammany Parish landscaping requirements. The asking price is $374,011, translating to $4 per square foot. This is a rare chance to acquire a well-positioned, build-ready industrial site in a thriving commercial park.
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
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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.