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Open-Layout Retail Building

1806 SHORTCUT Highway, Slidell, LA 70458

For Sale
Contact for pricing

Slidell, LA

Property Size2,000 SF
Price / SF$1.25
Days on Market120

Property Features for 1806 SHORTCUT Highway

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Not a Subdivision
Standard status Active

Amenities

half bath

Building Details

Year built 1973
Buildings 1
Listing Agency: Engel & Volkers Slidell Mandeville · Engel & Völkers
Listed By: Karen F Walsh · License LA #995688352
Added: Jul 15 Changed: Nov 9 Last Checked: Nov 11 at 6:06AM
MLS# 2547878

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,000-square-foot retail building has an open interior, a half bath, and parking. Built in 1973, the property is vacant and available for immediate occupancy. C-2 zoning supports its identified retail and multi-use positioning.

The property is approximately one block from Fremaux Mall and across the street from a RaceTrac gas station. I-10 is nearby, and the site is described as being in a high-traffic area.

Key Highlights

  • 2,000‑square‑foot retail/multi‑use building
  • Open interior layout
  • C‑2 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,055
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,100 $401.1K
Cap Rate 7%
$286,500 $286.5K
Cap Rate 9%
$222,833 $222.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$30.0K $15.00/SF
− Vacancy
−$1.4K −$0.68/SF
EGI
$28.7K $14.33/SF
− OpEx
−$8.6K −$4.30/SF
NOI
$20.1K $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%
$401,100
Cap Rate 7%
$286,500
Cap Rate 9%
$222,833

Alternative Uses

Best Use
Retail
$286.5K
$250.7K – $334.3K (±1% cap)
NOI $20,055 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$510.8K
$446.9K – $595.9K (±1% cap)
NOI $35,755 @ 7.0% cap
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

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Parking Lot & Garage Cafe & Coffee Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
474k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 36% Shops & Services 28% Dining 21% Beauty & Spa 7%
DICK'S Sporting Goods Apparel
38,466 visits/mo 0.4 miles
Dillard's Apparel
38,096 visits/mo 0.4 miles
Marshalls Apparel
34,161 visits/mo 0.3 miles
Bath & Body Works Beauty & Spa
32,660 visits/mo 0.3 miles
Circle K Shops & Services
31,462 visits/mo 0.2 miles

Demographics for 70458, LA

37,798
Population
17,026
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,809
Density / Sq Mi
$69,816
Median Household Income
$44,368
Median Earnings
$1,400
Median Rent
$227,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Retail space in Slidell

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - C-2-zoned space offers a flexible interior, a half bath, and on-site parking.
Where is this retail space located?
The property is located at 1806 SHORTCUT Highway Slidell, LA.
What are key features of this property?
This property features: 2,000‑square‑foot retail/multi‑use building; Open interior layout; C‑2 zoning
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Includes: Price & PSF · Cap rate · Location · Zoning

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