0 Highway 59 Mandeville, LA 70448
This exceptional 25.75-acre commercial land parcel presents a unique investment opportunity in Mandeville, Louisiana. Strategically located on Highway 59, this property boasts a highly desirable HC-2 zoning designation, offering considerable development flexibility. The land is divided into four convenient outparcels, each providing excellent frontage along Highway 59, ensuring high visibility and accessibility for potential businesses. Its prime location is just half a mile north of Interstate 12, providing easy access to major transportation routes and a wide customer base. The property benefits from its proximity to established businesses, including Smoothie King, Domino's Pizza, Jeremiah's Italian Ice, Starbucks, and Popeyes, creating a vibrant and attractive commercial environment. Situated in Flood Zone X, this property offers peace of mind regarding flood risk. The land is priced affordably at $0.70 per acre, making it an attractive proposition for developers and investors seeking a high-return opportunity in a thriving Louisiana market. The property's location across from St. Tammany Parish Office Buildings further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a significant commercial land holding in a prime location with excellent visibility and strong surrounding businesses. Don't miss this chance to secure a piece of Mandeville's thriving commercial landscape. The address is Hwy 59, Mandeville, LA 70448.
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.