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53 Jessikat Lane, Madisonville, LA 70447

$3,655,000

Commercial|

MLS# 2167082

List Price
$3,655,000
List Date
07/31/2018
Status
Active
Type
Commercial
MLS#
2167082
Photo of 53 JESSIKAT Lane Madisonville, LA 70447

Description

GREAT INVESTMENT PROPERTY- 32ac zoned A-3 Suburban District and 21 ac zoned HC2 Hwy Commercial. This property was intended to serve as part res. & part com. Development along the future I-12 Service Rd. which is already designed/engineered. The property is part timberland and part pasture. Timber cruise valued at 90K. There is a sewer treatment plant located at the north end of Coconut Palm Dr. that is adjacent to this property and can possibly serve a future res. development.

Location

Parish
St. Tammany
Subdivision
Not A Subdivision
In City Limit
No

Details

General Information

Age Description
Resale
Age
999
Approximate Measurement
Yes
Zoning
HC-2
Term Contract
No

Other Features

Sold As Is WOR
Yes
Waterfront
No
American Disability Access
No
Common Area Maintenance Paid By
No
Green Certification
No

Financial Information

Lease Purchase
No
Owner May Finance
No
Bond For Deed
No
Foreclosure
No

Utilities

Electric
Cleco
Gas
Natural
Sewer
Treatment Plant
Water
Public

Exterior

Lot Size
1334X1646
Dock
No

Listing Courtesy of Cannon Realty Group LLC

Directions

Rex Ave. Left on Vista al way to end right on Jessikat- gate stays locked. Need agent to walk property


Bounding Streets

Jessikat


Map and Points of Interest

Select a Point of Interest and Radius from the form above.

Northshore

School Information

6 Listings (0.27 Mile Radius)


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**Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

***Assessments are monthly fees such as Home Owners Association(HOA) Fees etc...

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