I-12 @ Airport Rd. (1497 Frontage Rd.)

Vacant Land for Sale
Catylist Listing ID: 30852000
Property Subtypes: Retail, Self Storage, Other
Gross Land Area: 15.91 Acres
Sale Price: $2,000,000
Unit Price: $125,707 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2024

Overview / Comments

15.91 acres with excellent visibility and accessibility from I-12 and Airport Rd. with 1200' of frontage on Frontage Rd. This tract is adjacent to a Holiday Inn Express to the south and is the northern anchor to a Sam's Club, Walmart, LaQuinta Inn, Homewood Suites and a Starbucks. This retail hub of the I-12/Airport Rd, intersection also includes Academy Sports, Petsmart, Ross for Less, Shoe Carnival and a Comfort Inn.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Taxing Authority: St. Tammany Parish
Tax ID/APN: 1241378465
Zoning: C-4 HIGHWAY COMMERCIAL DISTRICT
Property Located Between: I-12 and Airport Rd.
Property Visibility: Excellent
Legal Description: 15.91 acres, situated in Section 31, Township 8 South, Range 14 East, St. Tammany Parish.
Largest Nearby Street: Airport Rd.
Feet of Frontage: 1,200
Highway Access: Access to I-12 East and West and Airport Rd. north and south.
Lot Frontage: 1200 sf
Lot Depth: Various Dimensions
Zoning Description: C-4 Highway Commercial District
In Flood Plain?: Yes
Topography: Level
Easements: Pipelines
Easements Description: The subject is encumbered by a 35-foot-wide United gas pipeline servitude that cuts across the southwest corner of the site. The location of the servitude negatively impacts approximately 1-acre of the subject property. With that said, the encumbered area has some utility.
Soil Type: Other
Available Utilities: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 24,626 62,244
Median Age: 36.84 37.76
Households: 8,879 23,075

Contact

Photograph of Listing Agent

Vincent Liuzza

Liuzza Realty Group, LLC Mandeville, LA 70448
LACDB Member
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