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    Dale Mayeaux, Mandeville, LA

    License ID: 0995700258
    Keller Williams Mandeville
    Years of Experience
    4
    Association
    Greater Baton Rouge Association Of Realtors

    Service Locations

    Contact details

    Phone:
    (985) 727-7000
    Office Address:
    1522 W Causeway Approach, Mandeville, LA, 70471

    Performance

    Listings
    14
    Total transactions
    27
    Total transactions amount
    $6M
    Price range
    $148k - 333k
    Average price
    $222k

    Listings

    For Sale (14)

    View map
    • $1,000,000
      12,906 SF

      Financial Plaza: Baton Rouge Office Building

      Prime 8-unit office building, high traffic location.
      5235 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $890,000
      229,561 SF

      Prime Louisiana RV Park & Campground

      Profitable Waterfront RV Park - 22 Sites
      20401 Perrin Ferry Rd, Springfield, LA 70462
      View Details
    • $1,500,000
      11.36 Acres

      Prime Hammond Commercial Land

      11.36 Acres, Interstate Access, High Visibility
      0 University Dr, Hammond, LA 70401
      View Details
    • $285,000
      5.05 Acres

      Prime Hammond Commercial Land

      5.05 Acres, Mixed Zoning, $285,000
      0 Bauerle Rd, Hammond, LA 70403
      View Details
    • $260,000
      12.26 Acres

      12 Acres, Holden, Louisiana

      Residential Land - Investment Opportunity
      16944 Florida Blvd, Holden, LA 70744
      View Details
    • $530,000
      0.70 Acres

      Juban Road Commercial Land Parcel

      Prime Denham Springs commercial land
      29219 Juban Rd, Denham Springs, LA 70726
      View Details
    • $1,800,000
      20.20 Acres

      I-55 Commercial Land - Hammond, LA

      Prime 20.2-acre commercial lot, high visibility.
      0 University Ave, Hammond, LA 70401
      View Details
    • $1,633,500
      24.50 Acres

      Hammond Commercial Land - 24.5 Acres

      Prime 24.5-acre commercial lot with extensive road frontage.
      43099 Anthon Ln, Hammond, LA 70403
      View Details
    • $900,000

      Florida Boulevard Office Building For Sale

      Two-story office building with ample parking and high traffic location.
      5235 Florida Blvd, Baton Rouge, LA 70806
      View Details
    • $3,400,000

      Commercial Land with I-12 Frontage

      Over 22 acres of commercial land with high visibility.
      Pumpkin Center Rd, Hammond, LA 70401
      View Details
    • $2,800,000

      Versatile Warehouse/Office Space For Sale

      Warehouse/office space with cold storage, dock doors, and backup generators.
      18096 Old Covington Hwy, Hammond, LA 70403
      View Details
    • $1,633,500

      25 Acres with Road Frontage

      Land with multiple ponds and road frontage available for sale.
      43099 Anthon Ln, Hammond, LA 70403
      View Details
    • $260,000

      Holden Land with Utilities

      Over 12 acres with utilities ready for development.
      16944 Florida Blvd, Holden, LA 70744
      View Details
    • $750,000
      229,561 SF

      RV Park and Campground Venue

      RV park, campground, and potential wedding/event venue for sale.
      20401 Perrin Ferry Rd, Springfield, LA 70462
      View Details

    Leases and Sales on Map

    • For Sale

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    Dale Mayeaux, Mandeville, LA
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    Dale Mayeaux, Mandeville, LA
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