I-12 Development Site
Vacant Land
for Sale
Also listed as Retail-Commercial, Hospitality
Catylist Listing ID: |
30656506 |
Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
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Gross Land Area: |
1 - 9.67 Acres
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Sale Price: |
$8 - 12 PSF |
Land Splits Available: |
Yes |
Sale Terms: |
Cash to Seller, Owner Financing |
Cap Rate: |
Undisclosed |
Last Updated: |
9/12/2023 |
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
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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 |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
6,881 |
11,691 |
Median Age: |
35.16 |
35.66 |
Households: |
2,604 |
4,454 |
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