Property profile

200 Greenleaves Blvd Mandeville, LA 70448

OFF-MARKET
Commercial real estate
Property ID
US36-1324275
5,900 SF 1 ac lot Built 2011
Entity Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Mandeville medical office complex offers 18,069 square feet of versatile space, ideally situated just off US Highway 190 and Greenleaves Boulevard. The property comprises two single-story buildings, totaling eleven suites ranging from 316 to 3,622 contiguous square feet. Currently, 11,693 square feet are available for lease, providing ample opportunity for expansion or relocation. The buildings boast a convenient 57-space parking lot, ensuring easy access for patients and staff. Each suite offers multiple entrances, allowing for privacy and independent operation within the shared complex. The property sits on a 1.68-acre lot and is zoned HC-1, making it suitable for a variety of medical practices. Built in 1990, the Class B buildings are well-maintained and offer a comfortable and professional environment. The entire 18,069 square foot complex is also available for purchase; please inquire for details on the sale listing. This is a rare opportunity to secure prime medical office space in a highly desirable Mandeville location. The property's convenient location and ample parking make it an attractive option for medical professionals seeking a well-established and easily accessible office space.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2011
Total area 5,900 SF
Lot 1 ac (43,560 SF)
APN 54552
UPID US36-1324275

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Medical Clinic
  • Family Counselor
  • Alternative Medicine Practice Spa & Massage Center
  • Association / Organization

Location

200 Greenleaves Blvd Mandeville, LA 70448-7018
Mandeville metro Census 41209 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$940k
Comparable Approach Comparable
$781k
Blend (final) Blend
$745k

Owner & transaction history

since 2010
1 recorded transaction
2010
$875,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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