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Property profile & analytics
OFF-MARKET
Land

1600 Florida St Mandeville, LA 70448

2.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.89-acre commercial land parcel presents a remarkable investment opportunity in Mandeville, Louisiana. Boasting approximately 520 feet of frontage on Highway 190, this property offers unparalleled visibility and accessibility for a wide range of commercial ventures. The HC-2 zoning allows for multiple commercial uses, maximizing development potential. The lot's dimensions are approximately 520 feet of frontage and 238 feet deep, and it is partially cleared. Its strategic location provides convenient access from three streets: Highway 190, Foy Street, and Clausel Street. This prime location is also highly desirable due to its proximity to key attractions, including the Lakefront, Fontainebleau State Park, the Mandeville Trailhead, and the nationally recognized Trace Rails to Trails system. The property is situated just 150 feet from the Greystone Event Center, 0.6 miles from the Mandeville Trailhead, 0.9 miles from the Mandeville Marina, 1.9 miles from Pelican Park, and 2.1 miles from Fontainebleau State Park. The asking price is $1,510,661, translating to $522,720 per acre. This represents a significant opportunity to capitalize on the thriving commercial landscape of Mandeville. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly growing area.

Property profile
Verified
Property type Land
Lot 2.89 ac (125,888 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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