1059 Old Spanish Trl Slidell, LA 70458
C-2 corner lot with move-in-ready home plus an additional office building.
- Added:
- May 14, 2026
- Days on Market:
- 59
- Last Refresh:
- Jun 11 at 2:03 am
Property Features for 1059 Old Spanish Trl
General Information
- Standard status
- Active
- Size
- 2,495 SF
Listing office Compass Slidell (LATT14) (985) 707-4145
Listing date May 14, 2026
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Compass Slidell (LATT14)
Investment Insights
Based on property information with market context.
The property sits on a corner lot with 271 feet of frontage. It is described as centrally located on the corner of Rama, about one short block from Town Center Parkway and the Amazon Distribution Center. The seller also states the site is positioned for a high-traffic environment.
Zoned C-2, the site is suited for buyers and tenants looking for a commercial parcel that can accommodate both an on-site residence and dedicated office space. For business owners planning to start or relocate from existing facilities, the existing move-in-ready improvements reduce lead time by providing usable structures from day one, while the additional office building supports a workable separation of functions.
Key Highlights
- 271 ft of frontage on a corner lot in a C‑2 zoning district
- Move‑in‑ready 2,495 SF home at the back of the lot
- Additional 450 SF office building on the property
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.8k | $19.56 |
| − Vacancy | −$11.1k | −$4.43 |
| EGI | $37.7k | $15.13 |
| − OpEx | −$9.4k | −$3.78 |
| NOI | $28.3k | $11.35 |
