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Versatile Commercial Condo Opportunity

177-1000 Caruso Blvd Slidell, LA 70461

Claim this Listing
For Sale
$210,000

Adaptable condo in bustling area, ideal for retail, warehouse, office.

Property size:
2,500 SF
Price / SF:
$84/SF
Added:
Dec 9, 2025
Days on Market:
214
Last Refresh:
May 19 at 5:05 pm

Property Features for 177-1000 Caruso Blvd

General Information

Standard status
Active
Size
2,500 SF

Listing office Demand Realty

Listing date Dec 9, 2025

Source Exprealty

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 Demand Realty


Investment Insights

Based on property information with market context.

This commercial condo is located in the former Old Outlet Mall, situated off Old Spanish Trail, an area that has become a hub for service industry companies and hospitality ventures. The available condo spans approximately 2500 square feet, offering space for various business needs. The location features lighted parking, ensuring convenience and safety for customers and employees. Its strategic placement allows for easy access to and from the interstate, facilitating smooth logistics and customer accessibility. The flexibility of the space is another major draw. This condo can accommodate diverse business requirements, including retail, warehouse, or office/showroom. Smaller units are also available, catering to different business scales and needs. Its adaptable layout and prime location make it an attractive prospect for businesses aiming to establish or expand their presence in a bustling commercial area. This commercial condo offers possibilities in a well-connected and adaptive environment, making it an investment for entrepreneurs looking to capitalize on a strategic location and versatile space. The condo fee is $253.00.

Key Highlights

  • Prime location off Old Spanish Trail in a transformed hub.
  • Approximately 2500 square feet of flexible space suitable for retail, warehouse, or office/showroom use.
  • Easy access to and from the interstate.

Local 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 $22.5k $9.00
− Vacancy −$698 −$0.28
EGI $21.8k $8.72
− OpEx −$3.3k −$1.31
NOI $18.5k $7.41
2,500 SF · lease $9.00/SF/yr · vacancy 3.10% · expense 15.00%

Alternative Uses

Best Use
Office B
$405.3K
$354.6K – $472.8K (±1% cap)
NOI $28,368 @ 7.0% cap · market cap 13.51%
Second Best
Retail
$358.1K
$313.4K – $417.8K (±1% cap)
NOI $25,069 @ 7.0% cap · market cap 11.94%
Theoretical Best
Multifamily LT 5
$26.95M
$23.58M – $31.44M (±1% cap)
NOI $1,886,520 @ 7.0% cap · market cap 898.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage Nail Salon Restaurant Barber Shop Electrical Service

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

FAQs

What type of property is this?
Retail space - Adaptable condo in bustling area, ideal for retail, warehouse, office.
Where is this retail space located?
The property is located at 177-1000 Caruso Blvd Slidell, LA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Prime location off Old Spanish Trail in a transformed hub.; Approximately 2500 square feet of flexible space suitable for retail, warehouse, or office/showroom use.; Easy access to and from the interstate.
Contact an agent
More about this property
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