Shopping Center Retail
For Sale
Contact for pricing
1705 HWY. 59, Mandeville, LA 70448
Commercial Sale, Mandeville, LA
Property Size926 SF
Lot Size1.75 Acres
Price / SF$0.02
Days on Market140
Property Features for 1705 HWY. 59
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commer
Parking
2
Parking features
Parking Lot
Subdivision
Not a Subdivision
Directions
Just north of the Highway 1088 intersection.
Standard status
Active
Size
926 SF
Lot size
1.75 Acres
Additional Details
Tenant in Place
Yes
Utilities
Utilities
Natural Gas Available
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Building materials
Concrete, Stucco
Listing Agency:
Berkshire Hathaway HS - Mandeville · Berkshire Hathaway HomeServices
(985) 951-2324
Listed By:
Lori Jean Campbell · License #000077984
(985) 807-4023
Added: Jun 12
Changed: Oct 29
Last Checked: Oct 29 at 5:06PM
MLS# 2561643
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Suite 7 contains 926 square feet within Crossroads Shopping Center, a retail property completed in 2005. The center includes a parking lot, and the suite is part of a property with a 1.75-acre lot. Concrete and stucco are used in the building’s construction.
The property is at 1705 Highway 59 in Mandeville, on the highway’s west side and just north of Highway 1088. Current businesses at the center include Anytime Fitness, WAX'D, Big Easy Notary, and End of the Lane. Public water and natural gas availability are listed for the property.
The property is at 1705 Highway 59 in Mandeville, on the highway’s west side and just north of Highway 1088. Current businesses at the center include Anytime Fitness, WAX'D, Big Easy Notary, and End of the Lane. Public water and natural gas availability are listed for the property.
Key Highlights
- 926‑square‑foot retail suite, identified as Unit 7
- Located within Crossroads Shopping Center, a 1.75‑acre property
- Center completed in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,285
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,700
$185.7K
Cap Rate 7%
$132,643
$132.6K
Cap Rate 9%
$103,167
$103.2K
Market Conditions
NOI Build-Up for 926 SF
Gross rent
$13.9K $15.00/SF
− Vacancy
−$625 −$0.68/SF
EGI
$13.3K $14.33/SF
− OpEx
−$4.0K −$4.30/SF
NOI
$9.3K $10.03/SF
Area
St. Tammany County, LA
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,700
Cap Rate 7%
$132,643
Cap Rate 9%
$103,167
Alternative Uses
Best Use
Retail
$132.6K
$116.1K – $154.8K
NOI $9,285 @ 7.0% cap · market cap 54,617.65%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$9.98M
$8.73M – $11.65M
NOI $698,767 @ 7.0% cap · market cap 4,110,394.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
255
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A compact commercial unit sits among established businesses at a multi-tenant neighborhood center.
Where is this retail space located?
The property is located at 1705 HWY. 59 Mandeville, LA.
What are key features of this property?
This property features: 926‑square‑foot retail suite, identified as Unit 7; Located within Crossroads Shopping Center, a 1.75‑acre property; Center completed in 2005
