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  5. ›5000149933 Sale of Surplus Immovable Jefferson Parish Property Port…

Jefferson Parish Government·Louisiana

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

Closes 5/19/2026$20k – $400kInvitation for BidLogin required
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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 [email protected], phone (504) 364‑2678).

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

[email protected]

(504) 364-2678

Key dates

Opened
4/22/2026
Closes
5/19/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531390
Solicitation №
Solicitation 50951780 (Bid No. 50-00149933)

Budget estimate

$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.

AI estimate from the solicitation

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