Financial
Distress signals
Property profile

71128 Highway 59 Abita Springs, LA 70420

FOR SALE
Commercial real estate
Property ID
US36-0019003
6,589 SF 0.62 ac lot Built 2009
Last sale Apr 2013 · $6,400
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$75k
Assessed land$9k
Assessed improvement$66k
Effective rate15.78%

Value estimate

· Sep 2026
$655k
$590k – $721k
Sales comparison$764k
NOI build-up
Gross scheduled income$129k
Vacancy & credit loss−$29k
Operating expenses−$25k
NOI · 5.00% cap applied$75k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 637 recorded sales of this use type
Observed band · Q1–Q3$61 – $151
Qualifying comparables6

Cap rate analysis

How does the asset earn?
5.00%
$75k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAINT TAMMANY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.7
Restaurant18.3
Building Supply17.9

Location

71128 Highway 59 Abita Springs, LA 70420
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
70340 Hwy 59, Abita Springs, LA 70420-3173 $850,000 Mar 2025 6,527 SF
22278 10th, Abita Springs, LA 70420-3752 $667,000 May 2024 6,048 SF
70141 Hwy 59, Abita Springs, LA 70420-3170 $1,000,000 Jun 2022 7,000 SF
22099 Hwy 36, Abita Springs, LA 70420-3909 $275,000 Jun 2021 5,083 SF
71223 Hwy 21, Abita Springs, LA 70420 $489,500 Apr 2021 5,090 SF
70225 Hwy 59, Abita Springs, LA 70420-3172 $275,000 May 2020 7,110 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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