Property profile

0 Old Spanish Trl And Faith Dr Slidell, LA 70458

OFF-MARKET
Retail properties & Spaces
2.44 ac lot
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Property summary

AI-generated overview

This exceptional 2.44-acre commercial land parcel, located at the intersection of Old Spanish Trail and Faith Drive, Unit 1, in Slidell, Louisiana (zip code 70458), presents a unique investment opportunity. Zoned for commercial use, this property is ideally suited for a convenience store development, with significant groundwork already completed. The asking price is $875,000, translating to a land value of $358,606 per acre. Situated in St. Tammany Parish, this location benefits from excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The property's coordinates are 30.2556288 latitude and -89.7714438 longitude. Detailed information regarding the completed groundwork is available upon request. This is a turnkey opportunity for a savvy investor looking to capitalize on a prime retail location in a thriving Louisiana market. The property is ready for immediate development, minimizing delays and maximizing return on investment. Don't miss this chance to acquire a strategically located commercial parcel in a rapidly growing area. Contact for further details and to schedule a viewing.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.44 ac (106,286 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Old Spanish Trl And Faith Dr Slidell, LA 70458
Slidell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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