0 Cor Of Old Spanish Trl And Faith Dr Slidell, LA 70458
This exceptional 42,253 square foot commercial land parcel presents a remarkable investment opportunity in the thriving city of Slidell, Louisiana. Located at the high-traffic corner of Old Spanish Trail and Faith Drive (Unit 3), this property boasts a prime location ideal for a variety of commercial ventures, particularly fast-food establishments. The land is zoned for commercial use, ensuring seamless development and operational flexibility. With a total asking price of $475,000, the land value calculates to $11.24 per square foot, representing a competitive price point in this desirable area of Saint Tammany Parish. The property's strategic positioning at a busy intersection guarantees significant visibility and accessibility, attracting a large volume of potential customers. This makes it an excellent choice for businesses seeking high foot traffic and convenient access for their clientele. The address is easily identifiable and accessible, offering convenient access for both customers and employees. This turnkey opportunity is ready for immediate development, presenting a unique chance to establish a successful business in a high-demand location. The property's size and zoning provide ample space for construction, allowing for significant customization to meet specific business needs. Don't miss this chance to acquire a prime commercial property in a rapidly growing market. The zip code is 70458.
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.