Retail/Warehouse Building with Renovation
1060 FRONT Street Slidell, LA 70458
For Sale
Contact for pricing
5,000 SF retail/warehouse building in Slidell, Louisiana.
Property Size5,000 SF
Lot Size0.43 Acres
Price / SF$89.98
Days on Market184
Property Features for 1060 FRONT Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.43 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2008
Listing Agency:
Century 21 Investment Realty Slidell
Listed By:
Jeff Breland · License #53741
Source:
Crexi
Added: Jan 23
Changed: Jul 10
Last Checked: Jul 26 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Investment Realty Slidell
Investment Insights
Based on property information with market context.
This commercial property in Slidell, Louisiana, features a 5,000 square foot metal building suitable for retail or warehouse use. The building is currently configured with a 2,500 square foot retail area and a 2,500 square foot warehouse area. The layout allows for potential reconfiguration into four 1,250 square foot units, suitable for either retail or warehouse tenants. This property presents a renovation opportunity for investors or owner-occupants. It includes four ADA-compliant bathrooms. The HVAC systems require rehabilitation. The building is situated on a 124' x 150' shared lot with the adjacent building, offering ample parking space.
Key Highlights
- 5,000 SF Metal Retail/Warehouse Building
- Potential for 4 - 1,250 SF Retail or Warehouse Units
- 2,500 SF Retail Area & 2,500 SF Warehouse Area (Current Configuration)
Financial Insights For Warehouse
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 | $45.0k | $9.00 |
| − Vacancy | −$1.4k | −$0.28 |
| EGI | $43.6k | $8.72 |
| − OpEx | −$6.5k | −$1.31 |
| NOI | $37.1k | $7.41 |
5,000 SF · lease $9.00/SF/yr · vacancy 3.10% · expense 15.00%
Alternative Uses
Best Use
Mixed Use
$739.3K
$646.9K – $862.5K
NOI $51,750 @ 7.0% cap · market cap 11.50%
Second Best
Retail
$716.3K
$626.7K – $835.6K
NOI $50,138 @ 7.0% cap · market cap 11.14%
Theoretical Best
Multifamily LT 5
$53.90M
$47.16M – $62.88M
NOI $3,773,040 @ 7.0% cap · market cap 838.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fine Wood Production ...
General Contractor
Swamp Girl Glass ...
Factory
FAQs
What type of property is this?
Mixed-use property - 5,000 SF retail/warehouse building in Slidell, Louisiana.
Where is this mixed-use property located?
The property is located at 1060 FRONT Street Slidell, LA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 5,000 SF Metal Retail/Warehouse Building; Potential for 4 - 1,250 SF Retail or Warehouse Units; 2,500 SF Retail Area & 2,500 SF Warehouse Area (Current Configuration)
