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5000149933 Sale of Surplus Immovable Jefferson Parish Property Portion of Texas Street right-of-way, Oakdale Subdivision, Section B, previous municipal address 431 Holmes Blvd., Terrytown, La 70056
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Title:  

5000149933 Sale of Surplus Immovable Jefferson Parish Property Portion of Texas Street right-of-way, Oakdale Subdivision, Section B, previous municipal address 431 Holmes Blvd., Terrytown, La 70056

Agency:  

Jefferson Parish Government

State:  

Louisiana

NAICS Code:  

531390

Industry:  

Real Estate

Solicitation Type:  

Invitation for Bid

Solicitation ID:  

Solicitation 50951780 (Bid No. 50-00149933)

Open Date:  

4/22/2026

Close Date:  

5/19/2026

Last Updated:  

Description:
Jefferson Parish is offering the sale of a surplus parcel of immovable property located on a portion of Texas Street right‑of‑way within the Oakdale Subdivision (Section B) at the former municipal address 431 Holmes Blvd., Terrytown, LA 70056. Interested bidders must submit a manual bid by the deadline of 2 p.m. on 19 May 2026, accompanied by a 10 % cash deposit (cashier’s or certified check). The minimum opening bid is $59,150.00. All required bid documents, specifications, and the bid form are available from the Jefferson Parish Purchasing Department or online via the parish’s bid portal. Bids will be opened publicly at 2:30 p.m. on the bid opening date at the West Bank Purchasing Department. • Property: portion of Texas Street right‑of‑way, Oakdale Subdivision, Section B, Terrytown, LA. • Minimum opening bid: $59,150.00 plus required 10 % deposit. • Submission deadline: 19 May 2026, 2:00 PM CDT (manual bids only). • Bids must be submitted in a single scanned PDF package; electronic bond may be required if a surety is needed. • Contact for questions: Purchasing Department (email STACEY.CHAMPAGNE@JEFFPARISH.GOV, phone (504) 364‑2678).
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

STACEY.CHAMPAGNE@JEFFPARISH.GOV

(504) 364-2678

Budget Estimate (AI):

$20,000 – $400,000

The minimum opening bid is $59,150, but market resale values for a right‑of‑way parcel in this area typically range from $80,000 to $500,000 depending on development potential and zoning. Assuming a developer purchases at the minimum bid and later sells or develops the land, net earnings could fall roughly between $20,000 (low‑end profit) and $400,000 (high‑end profit) after costs.

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