NOT LISTED FOR SALE

40663 Interstate 55 Service Rd Ponchatoula, LA 70454

Estimated Value: $4,627,961

4.45 Acres
$1,039,758 Price per Acre
193,886 Sq Ft Lot

Last Sold October 30, 2024

Current estimated payment $24,370/month

160 Days on Market

About This Lot

As of October 2024

Excellent location with Interstate visibility. This 4.451 Acre parcel is for Sale, Lease, or Build-to-Suit. Perfect location for Office, Retail, Mini Storage, Hospitality, or Multi-Family. With 350 feet fronting Interstate 55 and 195 feet fronting Highway-22 great location for any business.

Last Agent to Sell the Property

Stuart Ridgel

Gulf States Real Estate Services of Louisiana, L.L License #995703353 Listed on: 05/22/2024

Last Buyer's Agent

NON MEMBER

NON-MLS MEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18

Lot Details

  • 4.45 Acre Lot
  • Lot Dimensions are 591x662x551x757
  • Corner Lot
  • Density is 6-10 Units/Acre
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • The community has rules related to zoning restrictions
  • Zoning described as C-2

Location

  • City Lot

Utilities

  • Sewer Not Available
  • Phone Available

Community Details

  • Not A Subdivision

Listing and Financial Details

  • Legal Lot and Block DP-2 / UNK
  • Assessor Parcel Number 7045440663WI-55ServiceRDDP-2

Property Details

Property Type

Land

Est. Annual Taxes

$18

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.451
  • Lot Size: 591x662x551x757
  • Road Surface Type: Concrete
  • Co List Office Mls Id: GSR01
  • Subdivision Name: Not a Subdivision
  • Directions: Get off of I-55 and go west on Hwy-22 property directly off Interstate behind circle K
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 6-10 Units/Acre, Corner Lot, City Lot, Split Possible

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Commercial
  • Parcel #: 7045440663WI-55ServiceRDDP-2
  • Zoning Description: C-2
  • Zoning: C-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: UNK
  • Tax Lot: DP-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Oct 30, 2024
Sold by
Durham Properties Llc
Bought by
Mainland Ponchatoula La Llc
Seller's Agent
Stuart Ridgel
Gulf States Real Estate Services of Louisiana, L.L
Buyer's Agent
NON MEMBER
NON-MLS MEMBER
List Price
$3,449,952
Views
2
Current Estimated Value
$4,627,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.41%
Original Mortgage
$9,480,000
Outstanding Balance
$9,384,913
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
-$4,756,952

Purchase Details

Closed on
Dec 18, 2023
Sold by
Durham Properties Llc
Bought by
City Of Ponchatoula

Purchase Details

Closed on
Apr 23, 2007
Sold by
D And Llc
Bought by
Durhamproperties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mainland Ponchatoula La Llc $1,646,180 None Listed On Document
Mainland Ponchatoula La Llc $1,646,180 None Listed On Document
City Of Ponchatoula -- None Listed On Document
Durhamproperties Llc $2,260,926 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mainland Ponchatoula La Llc $9,480,000
Closed Mainland Ponchatoula La Llc $9,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold -- -- --
05/22/2024 05/22/24 For Sale $3,449,952 -- --
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $18 $265 $265 $0
2023 $12 $170 $170 $0
2022 $12 $170 $170 $0
2021 $21 $170 $170 $0
2020 $15 $170 $170 $0
2019 $15 $170 $170 $0
2018 $15 $170 $170 $0
2017 $15 $170 $170 $0
2016 $15 $170 $170 $0
2015 $13 $170 $170 $0
2014 -- $170 $170 $0
Source: Public Records

Agents Affiliated with this Home

  • Stuart Ridgel

    Seller's Agent in 2024

    Stuart Ridgel

    Gulf States Real Estate Services of Louisiana, L.L

    (985) 217-9924

    3 in this area

    24 Total Sales

    Stuart Ridgel
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON-MLS MEMBER

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Map

Source: ROAM MLS

MLS Number: 2449998

APN: 02137208

Louisiana Tangipahoa Parish Ponchatoula 70454

40663 Interstate 55 Service Rd, Ponchatoula, LA

Not Listed for Sale

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