I-12 Development Site

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30656506
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 1 - 9.67 Acres
Sale Price: $8 - 12 PSF
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

Great new development site with Interstate visibility and access. No wetlands or impact fees. Currently established as two parcels totaling 9.67 Acres which are available for sale together, separate or subdivided for individual development uses. The site is strategically located on the northeast corner of Interstate 12 and Hwy 445, as the first or last interstate interchange within Tangipahoa Parish leading from or into St. Tammany Parish. The southern 2.85 Acre site along the Interstate boasts 563 feet of road frontage while the northern 6.82 Acre parcel has 950 feet of frontage along Hwy 445. Located at the entrance to Reunion Lake RV Resort (https://www.reunionlakerv.com/) along Hwy 445, and between hot spots for residential development in each direction. The daily Traffic Counts along Hwy 445 were established in 2019 a 9,369 north of the site and along I-12 at 76,867 (2019).

*For Sale all or Part

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 85
Taxing Authority: Tangipahoa Parish
Tax ID/APN: 2287706.000000000000000
Zoning: NO ZONING
Property Visibility: Excellent
Feet of Frontage: 1,513
Traffic/Vehicle Count: 76,867
Highway Access: I-12, Hwy 445
Airports: Hammond Regional, New Orleans International
Zoning Description: No Zoning Required
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,881 11,691
Median Age: 35.16 35.66
Households: 2,604 4,454

Contact

Photograph of Listing Agent

Bradley Cook

Stirling Properties
Covington, LA
LACDB Member
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