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    1030 Old Spanish Trail, Slidell, LA 70458

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    For Lease
    $4,200/Mo $10 SF/Yr (calc)

    Commercial Lease, Other - Slidell, LA

    Property size:
    5,000 SF
    Added:
    Aug 20, 2025
    Days on Market:
    270
    Last Refresh:
    May 16 at 2:06 am

    Property Features for 1030 Old Spanish Trail

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    5,000 SF

    Building Details

    Year built
    2013
    Architectural style
    Other

    We can help!

    Listing Contact
    Rhonda Impastato

    Listing agent Rhonda Impastato License #995700387,PersonLicenseNumber

    Listing office NextHome Innovative Realty 1926 Corporate Square Blvd., LA

    Listing date Aug 20, 2025

    MLS# 2518058 Listing URL

    Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Flexible space: 2500‑5000 sq ft available, adaptable for office, showroom, or warehouse use.
    • Multiple entrances: Features 4 separate entrances for convenient access and potential subdivision.
    • Move‑in ready: Freshly cleaned and painted, ready for immediate occupancy.
    • Existing infrastructure: Includes 5 private offices, large showroom, 2 bathrooms, kitchen/breakroom, and storage room.
    • High ceilings: Large 2500 sq ft open area with high ceilings, suitable for various business needs.
    • Opportunity for prominent building signage on Old Spanish Trail.

    Overview

    This move-in ready commercial space, freshly cleaned and painted, offers between 2500 and 5000 square feet within the Surgi Center Business Park. The unit features four separate entrances and includes office space with five private offices, a large showroom, two bathrooms, a kitchen/breakroom, a storage room, and a large 2500-square-foot open area with high ceilings. The entire space is heated and cooled. The large open area can be converted to warehouse space if needed; roll-up doors are installed, though the previous tenant enclosed walls behind them. Building signage is available on Old Spanish Trail. The lease amount for the 5000-square-foot space is $4200 per month, with a $4200 security deposit. Alternatively, the 2500 square feet of office space can be leased separately for $2600 per month, with a $2600 security deposit. A minimum two-year lease is required, and the space is available to businesses with two or more years in operation; new start-up businesses are not eligible. Power is currently off, and showings are limited to daylight hours.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CDIT Corporate Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • S & M Snowballs — 56323 Frank Pichon Rd, Slidell, LA 70458
    • Tee's Catering — 280 E Howze Beach Rd, Slidell, LA 70461

    Location Insight

    • Map
    • Local Demand
    City
    Slidell
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -89.7747879
    Latitude
    30.2587223

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    FAQs

    What type of property is this?
    Flex space - Versatile commercial space with office, showroom, and potential warehouse.
    Where is this flex space located?
    The property is located at 1030 Old Spanish Trail Slidell, LA.
    What is the lease rate?
    The lease rate is $4,200 /Mo.
    What are key features of this property?
    This property features: Flexible space: 2500‑5000 sq ft available, adaptable for office, showroom, or warehouse use.; Multiple entrances: Features 4 separate entrances for convenient access and potential subdivision.; Move‑in ready: Freshly cleaned and painted, ready for immediate occupancy.
    (985) 788-9335
    We can help!
    Listing Contact
    Rhonda Impastato
    Real Estate License ID: 995700387,PersonLicenseNumber
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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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