Property profile

56396 Frank J. Pichon Dr Slidell, LA 70458

OFF-MARKET
Retail properties & Spaces
38,328 SF 0.87 ac lot
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Property summary

AI-generated overview

This ±38,328 square foot vacant commercial land parcel presents a significant development opportunity in Slidell, Louisiana. Located at 56396 Frank J. Pichon Drive, this 0.87-acre site boasts excellent visibility and accessibility, situated near the heavily trafficked Old Spanish Trail and I-10 interchange. Currently zoned HC-2 (Highway Commercial District), the property allows for a wide range of commercial uses, including retail, office, and service-oriented businesses. The HC-2 zoning is designed to accommodate moderately intense commercial development along major thoroughfares, catering to a substantial portion of the parish. Prospective buyers are responsible for verifying all measurements (approximate), zoning details, overlays, servitudes, and intended use. The property's parcel number is 127825. The land's asking price is $421,610, translating to approximately $484,609 per acre. The closing agent for this property will be Crown Title, Inc., located at 3801 N Causeway Blvd., Suite 207, Metairie, LA 70002. Further details regarding a servitude affecting the property are available upon request. This is a truly exceptional opportunity for investors and developers seeking a strategic location in a thriving market. Please note that all information provided is deemed reliable but not guaranteed.

Property profile

Verified
Property type Retail properties & Spaces
Total area 38,328 SF
Lot 0.87 ac (37,897 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

56396 Frank J. Pichon Dr Slidell, LA 70458
Slidell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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