Multi-Tenant Office
For Sale
$2,300,000
200 Greenleaves Blvd, Mandeville, LA 70448
Multi-tenant office building with monument signage and ample off-street parking.
Property Size18,069 SF
Days on Market200
Property Features for 200 Greenleaves Blvd
General Information
Standard status
Active
Size
18,069 SF
Class
B
Property subtype
Office
Building Details
Building Size
18,069 SF
Listing Agency:
Elifin Realty
Listed By:
Fabian Edwards, JD/DCL
(985) 974-8301
Source:
Elifinrealty
Added: Mar 21
Changed: Sep 14
Last Checked: Oct 5 at 5:24PM
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 Elifin Realty
Investment Insights
Based on property information with market context.
200 Greenleaves Blvd is a multi-tenant office property now available for sale or lease. The building is configured to maximize natural light and features a unique architectural layout. Monument signage is visible from the site, supporting exterior presence.
The property is located in Mandeville, LA near N Causeway Blvd and Hwy 190, with retail and dining amenities nearby. Ample off-street parking is available for tenants and visitors, supporting convenient access for occupants and guests. The property is currently 55% occupied.
The property is located in Mandeville, LA near N Causeway Blvd and Hwy 190, with retail and dining amenities nearby. Ample off-street parking is available for tenants and visitors, supporting convenient access for occupants and guests. The property is currently 55% occupied.
Key Highlights
- Multi‑tenant office property at 200 Greenleaves Blvd in Mandeville, LA
- Currently 55% occupied and available for sale or lease
- Visible monument signage on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$205,033
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,100,660
$4.1M
Cap Rate 7%
$2,929,043
$2.9M
Cap Rate 9%
$2,278,144
$2.3M
Market Conditions
NOI Build-Up for 18,069 SF
Gross rent
$353.4K $19.56/SF
− Vacancy
−$80.1K −$4.43/SF
EGI
$273.4K $15.13/SF
− OpEx
−$68.3K −$3.78/SF
NOI
$205.0K $11.35/SF
Area
St. Tammany County, LA
Vacancy
22.65%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,100,660
Cap Rate 7%
$2,929,043
Cap Rate 9%
$2,278,144
Alternative Uses
Best Use
Office B
$2.93M
$2.56M – $3.42M
NOI $205,033 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$194.79M
$170.44M – $227.25M
NOI $13,635,012 @ 7.0% cap · market cap 592.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Explore this area
Business Placement
Demographics for 70448, LA
25,670
Population
10,372
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,172
Density / Sq Mi
$88,929
Median Household Income
$50,824
Median Earnings
$1,415
Median Rent
$324,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with monument signage and ample off-street parking.
Where is this office building located?
The property is located at 200 Greenleaves Blvd Mandeville, LA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Multi‑tenant office property at 200 Greenleaves Blvd in Mandeville, LA; Currently 55% occupied and available for sale or lease; Visible monument signage on‑site
