Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    I-12 1-A Mandeville, LA 70448

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    I-12 1-A Mandeville, LA 70448

    View on Map
    • Land
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for I-12 1-A

    Lot size
    1.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1-12.55 acre industrial land parcel is located in the Gulf South Commerce Park, Mandeville, Louisiana, at I-12 and Highway 1088. Zoned AML, this property offers unparalleled access to major transportation arteries, including Interstates 10 and 55, providing seamless connectivity to the Port of New Orleans and New Orleans Public Belt Railroad. Situated within a 30-mile radius of New Orleans, this strategic location benefits from proximity to a vast network of Gulf and river ports, as well as inland shipping facilities. The asking price is $3,690,077, translating to $294,030 per acre. This prime location is ideal for large-scale logistics, distribution, advanced manufacturing, R&D, sustainable businesses, and health and science companies seeking to leverage Louisiana's robust infrastructure and transportation efficiencies. The Gulf South Commerce Park encompasses nearly 1,000 contiguous acres, making it Louisiana's most accessible site for significant industrial development. This parcel presents a unique opportunity for businesses looking to establish a strong presence in a thriving industrial market. The property's address is I-12 at Highway 1088 1-A, Mandeville, LA 70448.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mandeville
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.0065
    Latitude
    30.3944

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      I-12 At Hwy

      Land • 200,000 SF
      I-12 At Hwy, Mandeville, LA 70448
      View Details
    • Value Estimation by Request
      1.00 Acre

      I-12 2-C

      Land • 1.00 Acre
      I-12 2-C, Mandeville, LA 70448
      View Details
    • Value Estimation by Request
      1.00 Acre

      I-12 1-C

      Land • 1.00 Acre
      I-12 1-C, Mandeville, LA 70448
      View Details
    • Value Estimation by Request
      16.20 Acres

      I-12 2-B

      Land • 16.20 Acres
      I-12 2-B, Mandeville, LA 70448
      View Details
    • Value Estimation by Request
      1.00 Acre

      I-12 I-D

      Land • 1.00 Acre
      I-12 I-D, Mandeville, LA 70448
      View Details
    • Value Estimation by Request
      1.00 Acre

      I-12 1-B

      Land • 1.00 Acre
      I-12 1-B, Mandeville, LA 70448
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      130,680 SF

      Land Near Fontainebleau State Park

      Land available near Fontainebleau State Park; owner will consider dividing.
      Hwy 190 - Florida St, Mandeville, LA 70448
      View Details
    • $1,444,000

      Land Available in Mandeville, LA

      Land for sale in St. Tammany Parish, Mandeville.
      316 Joans St, Mandeville, LA 70448
      View Details
    • Contact for pricing
      1,120 SF

      Office with Storage Warehouse

      Office space with warehouse in Mandeville, Louisiana.
      22475 Highway 1088, Mandeville, LA 70448
      View Details
    • Contact for pricing

      Commercial Land in High-Demand Area

      Commercial-zoned parcel suitable for business, office, or retail use.
      Approach Causeway Blvd East, Mandeville, LA 70448
      View Details
    • $140,000
      1.05 Acres

      Residential Land in Mandeville, LA

      Residential land for sale in Mandeville, Louisiana.
      A-3 Dupre St Lot **, Mandeville, LA 70448
      View Details
    • $407,365
      1.50 Acres

      Mandeville Commercial Lot For Sale

      Commercial lot available in Mandeville, Louisiana.
      Highway 190, Mandeville, LA 70448
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Rouse Outparcel For Lease

      Outparcel for lease or built to suit in Mandeville.
      3461 Causeway Approach E, Mandeville, LA 70448
      View Details
    • Contact for pricing
      2,400 SF

      Mandeville Restaurant Space For Lease

      Highly visible 2,400-SF restaurant space in affluent Mandeville neighborhood.
      2186 Florida St, Mandeville, LA 70448
      View Details
    • $18 SF/Yr
      1,348 SF

      Retail Centers at Highway 190

      Two adjacent retail centers with high visibility and easy access.
      1705 Highway 190 N, Mandeville, LA 70448
      View Details
    • Contact for pricing

      Mandeville Retail Center Value-Add Opportunity

      19,946 SF retail center, shadow-anchored by Walmart Neighborhood Grocer.
      3017 Causeway Approach E, Mandeville, LA 70448
      View Details
    • Contact for pricing

      Renovated Office Space For Lease

      Newly renovated commercial office space in a coveted location.
      520 N Causeway Blvd, Mandeville, LA 70448
      View Details
    • Contact for pricing

      Retail Suites on Highway 59

      Two retail suites available for lease at a signaled intersection.
      925 Highway 59, Mandeville, LA 70448
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    I-12 1-A
    Mandeville, LA 70448
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!