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Corner Storefront Property
For Sale
$1,350,000

2081 Gause Blvd E, Slidell, LA 70461

Storefront property at a signalized corner with HC-2 zoning and access to a major interstate corridor.

Property Size4,650 SF
Lot Size2.25 Acres
Price / SF$290.32
Days on Market510

Property Features for 2081 Gause Blvd E

General Information

Standard status Active
Size 4,650 SF
Lot size 2.25 Acres
Property subtype Retail
Zoning HC-2

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Amenities

Drive-Thru
Listing Agency: Stirling Covington/Corporate
Listed By: Ryan Murphy, MBA, CCIM
Source: Lacdb.resimplifi
Added: Jun 6, 2025 Changed: Oct 26 Last Checked: Oct 28 at 4:36AM

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 Stirling Covington/Corporate

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 storefront property occupies a 2.25-acre site at the southwest corner of Gause Boulevard and Pearl Street. The property includes 4,650 square feet and was built in 1980, with HC-2 zoning supporting its commercial positioning.

The site is located approximately 3/4 of a mile from I-10 and benefits from a signalized intersection. Its corner placement provides direct exposure along two identified roadways in Slidell, Louisiana.

Key Highlights

  • 2.25‑acre storefront property at the southwest corner of Gause Boulevard and Pearl Street
  • Signalized intersection location
  • Approximately 3/4 of a mile from I‑10

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,628
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,560 $932.6K
Cap Rate 7%
$666,114 $666.1K
Cap Rate 9%
$518,089 $518.1K
Market Conditions
NOI Build-Up for 4,650 SF
Gross rent
$69.8K $15.00/SF
− Vacancy
−$3.1K −$0.68/SF
EGI
$66.6K $14.33/SF
− OpEx
−$20.0K −$4.30/SF
NOI
$46.6K $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%
$932,560
Cap Rate 7%
$666,114
Cap Rate 9%
$518,089

Alternative Uses

Best Use
Retail
$666.1K
$582.9K – $777.1K (±1% cap)
NOI $46,628 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$50.13M
$43.86M – $58.48M (±1% cap)
NOI $3,508,927 @ 7.0% cap · market cap 259.92%
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

WST Electric Electric Utility Company

Suggested Use

Top Pick Law Firm Spa & Massage Center Parking Lot & Garage Hair Salon Grocery & Convenience Store Accounting Firm

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby
162k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 26% Home Improvements & Furnishings 19% Hotels & Casinos 1%
RaceTrac Shops & Services
45,698 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
30,380 visits/mo 0.5 miles
Dollar Tree Shops & Services
19,475 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
15,116 visits/mo 0.3 miles
Dollar General Shops & Services
8,424 visits/mo 0.2 miles

Demographics for 70461, LA

30,740
Population
12,900
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
89%
High-School Grad
53.5 sq mi
ZIP Area
575
Density / Sq Mi
$88,035
Median Household Income
$48,351
Median Earnings
$1,201
Median Rent
$267,100
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

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?
Storefront property - Storefront property at a signalized corner with HC-2 zoning and access to a major interstate corridor.
Where is this storefront property located?
The property is located at 2081 Gause Blvd E Slidell, LA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2.25‑acre storefront property at the southwest corner of Gause Boulevard and Pearl Street; Signalized intersection location; Approximately 3/4 of a mile from I‑10
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