Property profile

1777 Old Spanish Trl Slidell, LA 70458

OFF-MARKET
Retail properties & Spaces
Property ID
US36-1312677
2.4 ac lot
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Property summary

AI-generated overview

This exceptional 2.4-acre property, located at 1777 Old Spanish Trail in Slidell, Louisiana (zip code 70458), presents a compelling investment opportunity. Currently priced at $600,000, this represents a significant price reduction from the original asking price. The land is unrestricted, offering considerable flexibility for development. Its classification includes both retail and self-storage potential, catering to a wide range of uses. Situated near I-10, this location boasts excellent visibility and accessibility, ensuring high traffic volume and convenient access for customers. The land's value is further emphasized by its price per acre of $250,000, reflecting its prime location and development potential within St. Tammany Parish. The property's size and zoning make it ideal for a variety of commercial ventures, including but not limited to a convenience store or self-storage facility. The motivated seller is eager to finalize a transaction, making this an attractive opportunity for investors seeking a high-return property in a thriving Louisiana market. This is a rare chance to acquire a substantial parcel of land in a desirable location at a significantly reduced price.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.4 ac (104,544 SF)
UPID US36-1312677

Cap rate & NOI

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

Location

1777 Old Spanish Trl 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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