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Property profile & analytics
OFF-MARKET
Land

I-12 2-C Mandeville, LA 70448

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional industrial land parcel, identified as Parcel 2-C within the Gulf South Commerce Park, presents a compelling investment opportunity in Mandeville, Louisiana. Located at I-12 and Highway 1088, this property boasts convenient access to major transportation arteries, including Interstates 10 and 55, offering unparalleled connectivity to a vast network of Gulf and river ports, as well as inland shipping facilities. The site is zoned AML and encompasses between 1 and 39.5 acres, providing ample space for a variety of industrial uses. The asking price is $10,323,720, with a land value ranging from $6 to $7 per square foot. Situated within a 30-mile radius of New Orleans, this strategically positioned property benefits from proximity to critical infrastructure, including the Port of New Orleans and the New Orleans Public Belt Railroad. This location offers significant advantages for businesses seeking to leverage the region's robust logistics infrastructure and transportation efficiencies. The Gulf South Commerce Park is ideally suited for large-scale logistics, distribution, advanced manufacturing, research and development, sustainable businesses, and health and science companies. This is a rare opportunity to acquire prime industrial land in a thriving Louisiana market.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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