7.26 AC Residential Land
Slidell, LA 70461
Saint Tammany Parish, Louisiana
Land Description
$1 Auction | 7.26 AC Residential Land.
Investment Highlights
Motivated institutional seller
Within driving distance are a host of national retailers including a Walmart Supercenter, Home Depot, Walgreens, Starbucks, Chick-fil-A, and more
Nearby accessibility to educational facilities including Cypress Cove Elementary School, Honey Island Elementary, Salmen High School, and more
Diverse industry mix within labor market including Health Care & Social Assistance, Retail Trade, and Construction
Offering Details
Marcus and Millichap and RI Marketplace are pleased to present a $1 Auction | 7.26 AC Residential Land (the "Property"), a residential development opportunity located in the heart of Slidell, Louisiana. The Property features a placement within a residential neighborhood with convenient accessibility to retail options and educational facilities that would complement the residential experience in the city of Slidell. Furthermore, the Property is located within a diverse economic region with the highest concentration of employment in industries such as Health Care & Social Assistance, Retail Trade, and Construction. New ownership will have the ability to acquire a residential development opportunity from an institutional seller with a strong motivation to sell at a reasonable cost basis.
The city of Slidell features a population of ±27,800 people with a median age of 36.7 and a median household income of $54,906. In 2019, the place with the highest median household income in Slidell was Census Tract 407.10 with a value of $81,875, followed by Census Tract 410.03 and Census Tract 407.09, with respective values of $76,076 and $69,576. The city of Slidell employs ±12,000 individuals. The largest industries in Slidell are Health Care & Social Assistance, Retail Trade, and Construction while the highest paying industries are Real Estate & Rental & Leasing, Transportation & Warehousing, and Finance & Insurance, & Real Estate & Rental & Leasing based on information provided by the United States Census Bureau.
Auctioneer
Lamar P. Fisher
Fisher Auction Company Inc.
License: 1983
Co: Ab-424
