Prime Commercial Land for Sale

Vacant Land for Sale
Catylist Listing ID: 29657982
Property Subtypes: Office, Retail
Gross Land Area: 5.10 Acres
Sale Price: $1,250,000
Unit Price: $245,098 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Features: Two (2) lots totaling 5.1 +/- acres of partially cleared prime commercial land on Highway 59 in Mandeville, LA. The property features 261’ of frontage on Highway 59 and is located just north of its intersection with Highway 1088. The area has very strong income demographics and Highway 59 has a traffic count of 21,725 vehicles per day (DOTD 2010). (Survey available)

Zoning: NC-4, Neighborhood Institutional District – which covers a multitude of commercial uses.


Pricing: $1,250,000.00, approximately $5.62 per square foot

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,319 36,021 55,426
Median Age: 39.4 40.22 40.33
Households: 3,344 13,323 20,701

Contact

Photograph of Listing Agent

A Benjamin Derbes

Max J Derbes Inc New Orleans, LA 70123-3229
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