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Property profile & analytics
OFF-MARKET
Land

2601 La-59 Mandeville, LA 70471

0.94 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.94 ac (40,946 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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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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