Property profile

Slidell LA Mckinney Rd Slidell, LA 70458

OFF-MARKET
Office Spaces
1.02 ac lot
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Property summary

AI-generated overview

This exceptional 1.02-acre property in Slidell, Louisiana, presents a unique investment opportunity. Located in a rapidly developing area of St. Tammany Parish, this previously developed site boasts a convenient location along McKinney Road, directly behind a Circle K station. The property's zoning is designated as Light Commercial, offering flexibility for a variety of executive office uses. The asking price is $260,000, translating to a land value of $254,901 per acre, reflecting the desirability of this prime location. The address is McKinney Rd., Slidell, LA 70458, with GPS coordinates 30.2756918 latitude and -89.755512 longitude. This site is situated on the west right-of-way of McKinney Road, providing excellent visibility and accessibility. Given its location, previous development, and favorable zoning, this property is ideally suited for discerning investors seeking a strategic foothold in a thriving commercial market. The site's history as a previously developed location simplifies the development process, potentially reducing time and costs associated with site preparation. The property's proximity to a well-established business like Circle K further enhances its appeal and potential for attracting clientele. This is a rare opportunity to acquire a ready-to-develop site in one of Slidell's most promising commercial areas.

Property profile

Verified
Property type Office Spaces
Lot 1.02 ac (44,431 SF)

Cap rate & NOI

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

Location

Slidell LA Mckinney Rd Slidell, LA 70458
Slidell metro
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Value estimations

Realmo proprietary · 4 methods
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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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