Former Bank with
2175 Gause Blvd E Slidell, LA 70461
New
2175 Gause Blvd E, Slidell, LA, 70461
$1,035,107
For Sale
$1,035,107
Former bank building with a drive-thru, totaling 2,846 SF, now available for sale.
Property Size2,846 SF
Price / SF$363.71
Days on Market3
Property Features for 2175 Gause Blvd E
General Information
- Standard status
- Active
- Size
- 2,846 SF
- Property subtype
- Retail
Listing Agency
(985) 974-8301
Listed by
Fabian Edwards, JD/DCL
(985) 974-8301
Source
Elifinrealty
Added: Jul 19 Updated: Jul 20 at 5:04 am Checked: Jul 20 at 5:04 am
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 Fabian Edwards, JD/DCL
Investment Insights
Based on property information with market context.
2175 Gause Blvd E is a 2,846 SF former bank building offered for sale. The property includes a drive-thru feature, providing an on-site configuration commonly suited for service and customer access needs.
This offering is presented as a standalone retail/commercial asset at 2175 Gause Blvd E in Slidell, Louisiana.
The space is specifically described as a former bank, making it a straightforward fit for buyers seeking an existing financial services layout with drive-thru functionality.
This offering is presented as a standalone retail/commercial asset at 2175 Gause Blvd E in Slidell, Louisiana.
The space is specifically described as a former bank, making it a straightforward fit for buyers seeking an existing financial services layout with drive-thru functionality.
Key Highlights
- Former bank building totaling 2,846 SF now available for sale
- Drive‑thru included on the property
Local Financial Insights For Specialty Retail
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 | $71.0k | $24.96 |
| − Vacancy | −$3.2k | −$1.12 |
| EGI | $67.8k | $23.84 |
| − OpEx | −$17.0k | −$5.96 |
| NOI | $50.9k | $17.88 |
2,846 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$726.9K
$636.0K – $848.0K
NOI $50,880 @ 7.0% cap · market cap 4.92%
Second Best
Retail
$407.7K
$356.7K – $475.6K
NOI $28,538 @ 7.0% cap · market cap 2.76%
Theoretical Best
Multifamily LT 5
$30.68M
$26.85M – $35.79M
NOI $2,147,614 @ 7.0% cap · market cap 207.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pelican State Credit ...
Credit Union
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Former bank building with a drive-thru, totaling 2,846 SF, now available for sale.
Where is this bank located?
The property is located at 2175 Gause Blvd E Slidell, LA.
What is the asking price?
The asking price for this property is $1,035,107.
What are key features of this property?
This property features: Former bank building totaling 2,846 SF now available for sale; Drive‑thru included on the property
