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Property profile & analytics
OFF-MARKET
Commercial real estate

1220 Highway 59 Mandeville, LA 70448

3,109 SF Built 1980
Property ID
US36-0552310
Property summary
AI-generated overview

This exceptional 3,109 square foot property located at 1220 Hwy. 59 in Mandeville, Louisiana, presents a unique investment opportunity. Currently zoned NC-4, this versatile building offers a multitude of potential uses. Imagine establishing a thriving studio, salon, daycare center, retail business, bed and breakfast, or professional/medical offices. Alternatively, the property's zoning also allows for residential use, providing flexibility for a variety of business and living arrangements. The existing structure includes a spacious main building and a substantial shed, providing ample storage or workspace. The property sits on a 0-acre lot, offering convenient access and visibility along Highway 59 in the desirable Mandeville market. Further zoning details and permitted uses can be obtained by reviewing the St. Tammany Parish website. This property is priced competitively at $290,000, representing a significant value for its size, location, and diverse potential applications. Don't miss this chance to acquire a prime piece of Mandeville real estate with exceptional upside potential. The property's versatility and prime location make it an ideal investment for both seasoned investors and those seeking a unique business venture. Act quickly to secure this exceptional opportunity.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Total area 3,109 SF
UPID US36-0552310
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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