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Manhattan and Harvey Blvd 11 Acres of Commercial Land Offered at $6,400,000 in Harvey, LA 70058

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INVESTMENT HIGHLIGHTS

  • Located within a high traffic area
  • To expedite future development. Jefferson parish guidelines will not allow one large development over multiple parcels.
  • The corner parcel was recently re-subdivided from two parcels into one.

FINANCIAL SUMMARY (ACTUAL - 2020)

ANNUAL ANNUAL PER AC
Taxes $3,500 $318.18
Operating Expenses - -
Total Expenses $3,500 $318.18

FINANCIAL SUMMARY (ACTUAL - 2020)

Taxes
Annual $3,500
Annual Per AC $318.18
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $3,500
Annual Per AC $318.18

PROPERTY FACTS

Price $6,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Storefront
Total Lot Size 11.00 AC
Zoning C-2 - This is the highest commercial zoning possible and allows for the densest development. The property is in an Enterprise Zone.

1 LOT AVAILABLE

Lot 1

Price $6,400,000
Price Per AC $581,818.18
Lot Size 11.00 AC

Site has access on three sides – Jupiter Street, Harvey Boulevard and Manhattan Boulevard. Entrances could be established as needed.

DESCRIPTION

Parcel A-1A, 466' by 470' (street frontage along Manhattan Boulevard is 471.5'), for a total of 5.1 acres. Parcel A-2, 1315’ by 194’ (street frontage along Harvey Boulevard is 1,315’), for a total of 5.85 acres). The combined total acreage is approximately 11 acres. CONDITION: The property has been cleared and leveled. The site is unimproved. The property has recently (last 2 years) been completely cleared and leveled. Utility connections are established along the rear of the property for water and sewerage connections. Electric service is available along the entire Harvey/Manhattan Boulevard frontages. There will be a new road put in, right in front of the property. The contract will be finished by the end of the year and after that, the construction will take up to 18 months. FRONTAGE: Harvey Boulevard is currently 2 lanes (one in either direction) in front of the property. Jefferson Parish is currently expanding Harvey Boulevard to 4 lanes (two in either direction) and extending its length so that it will extend from Peters Road to Engineers Road. The current schedule is that the portion in front of Parcel A-2 will begin Fall of 2013 and construction will take approximately 18 months. Availability: Property is available for development, lease, or for sale. The property will not be subdivided and must be acquired as-is. Offers including joint ventures will be considered.

  • Listing ID: 4009534

  • Date on Market: 1/22/2014

  • Last Updated:

  • Address: Manhattan and Harvey Blvd, Harvey, LA 70058

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