2601 La-59 Mandeville, LA 70471
This exceptional 0.94-acre commercial land parcel is strategically located at 2601 LA-59 in Mandeville, Louisiana, zip code 70471, just south of Lonesome Road and west of Highway 59. Situated next to the Diaz Shell Station, this property boasts high traffic counts and excellent demographics, making it an ideal location for a variety of commercial ventures. The lot is zoned NC6, allowing for multiple uses. Its proximity to Interstate 12 (only 1.5 miles away) further enhances its accessibility and appeal. Offered at $500,000, this represents a land value of approximately $531,915 per acre. This parcel is part of a larger offering; an adjacent parcel is also available for purchase. Both parcels can be acquired together for $1,000,000. Please note that some exclusions apply. The property's address is precisely 2601 LA-59, Mandeville, LA 70471, within St. Tammany Parish. This presents a rare opportunity to secure a prime commercial site in a thriving Louisiana market. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.