Belle Terre Land Auction

SVN Gilmore Auction & Realty and SVN Urban Properties are pleased to present this exciting land auction Belle Terre Land Auction #1 of 4- Parcels C & D - Total of ±234.1847 acres Belle Terre “Parcel C”, adjacent to I-10, comprises ±150.1549 acres of strategically positioned land, including ±0.7920 acres of four developed, residential lots and ±149.3629 acres of undeveloped, residential and commercial land. The undeveloped land benefits from an attractive zoning mix (Zoned R-1, C-1 & C-3), golf course frontage, a current wetlands delineation, and Parish subdivision approvals in portions, while being served by a variety of existing utilities. Key Features: • Existing utilities for developed land (4 residential lots) - utility taps on site • Existing utilities for undeveloped land - located along St. Andrews Blvd. are an 8” waterline, an 8” dia. gravity sewer, • • 6” sewer force main, natural gas, overhead 3 Phase Power & various cable/phone/internet USACE wetlands delineation for entire site. At NW corner, ±14.5 acres of the ±26.13-acre delineated area requires federal/state permitting and mitigation; specific to delineation documents available in the auction Deal Room. Belle Terre Commercial Subdivision, Phase 3, zoned C-1 & C-3, has Parish Conditional Subdivision approval Belle Terre “Parcel D” offers ±84.0298 acres of undeveloped, residential and commercial land (Zoned R-1, C-1, C-2, C-3), adjacent to I-10, in Laplace, LA. With Parish subdivision approvals in place, existing and planned utilities, cleared commercial tracts, a current wetlands delineation, environmental permits secured with pending extension, approved roadway servitudes, and installed water and sewer lines. Key Features: Existing utilities located within St. Andrews Blvd. ROW. There are existing sewer and water connections from the adjacent residential development(s) that stub into proposed Woodland Drive. Located within a 100’ wide servitude (proposed Woodland Drive) is an existing 12” diameter water line and an 18” diameter sewer force main. USACE wetlands delineation for entire site. The east side of this Parcel, from the Thibaut Canal to the Vicknair Canal, south of I-10 to the developed River Oaks, Phase 4 subdivision ±22.26 acres of the ±50.25 acre delineated area requires federal/state permitting and mitigation; specific to delineation documents available in the auction Deal Room. Seller possesses wetland mitigation credits that are not part of this auction bid, use and amount to be determined by Seller's consultant and are available for purchase, separate from this auction bid. Belle Terre Two, River Oaks, Phase 5, zoned C-1 and R-1, has Parish Conditional Subdivision approval Parish is working towards centralized utilities and improvements to the existing drainage system. This parcel is within the Woodland Sewer Assessment District. Seller is in negotiations and working towards extending the sewer capacity associated with the District and improving drainage. Flood Zone AE (EL 7) & (EL 8). See Parish zoning for more info. Both sites are positioned for efficient, phased residential and/or commercial development. Parcels C & D are contiguous and will be sold together for a total of 234.1847+/- acres STARTING BID: $0.20 cents per square foot/$8,698 per acre/$2,036,936.00 MORE INFO: Dave Gilmore (504) 468-6800, Sam Hurley (504) 408-2285 David E. Gilmore, LA Lic. #447