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    OFF-MARKET
    Commercial real estate

    2490 Veterans Blvd, Ponchatoula, LA 70403

    0.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.77-acre commercial property, located at 2490 Veterans Blvd in Ponchatoula, Louisiana, presents a unique investment opportunity. Priced at $220,000, the property boasts significant potential due to its prime location, just minutes away from North Oaks Hospital, a Walmart Supercenter, and a thriving retirement community. The high traffic volume and proximity to established businesses create an ideal setting for a variety of commercial ventures. Currently situated on the land is a three-bedroom, two-and-a-half-bathroom residence. This existing structure is considered an added bonus and is not factored into the property's asking price. The property's versatility allows for a range of development possibilities, from retail spaces to medical offices, or even expansion of existing businesses in the area. The possibilities are truly endless. Further enhancing its appeal, additional adjacent land is available for purchase between Belle Drive and Strader Road, offering potential for expansion or strategic development. This presents a rare chance to acquire a substantial commercial property in a rapidly growing area with excellent access to major amenities and a strong local economy. The property's size and location make it an attractive investment for both established businesses and new entrepreneurs seeking a foothold in a thriving market. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.77 ac (33,541 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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