Old Town Retail
For Sale
$499,900
2228 Second Street, Slidell, LA 70458
C-3 zoning allows retail, office, and other commercial uses in Slidell’s historic district.
Property Size4,187 SF
Price / SF$119.39
Days on Market56
Property Features for 2228 Second Street
General Information
Standard status
Active
Size
4,187 SF
Property subtype
Commercial
Zoning
c-3
Additional Details
Property Use
Office
Building Details
Building Size
4,187 SF
Year Built
2006
Stories
1
Listing Agency:
Era Top Agent Realty
(985) 265-7099
Listed By:
Donny Cannon
(985) 774-3144
Source:
Cypresskeyrealty
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 23 at 5:51PM
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 Era Top Agent Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property at 2228 Second Street in Slidell is a commercial space built in 2006. Its C-3 zoning supports retail, professional office, and other commercial uses.
The property is in Historic Old Town Slidell, near businesses, restaurants, and community amenities.
The property is in Historic Old Town Slidell, near businesses, restaurants, and community amenities.
Key Highlights
- C‑3 commercial zoning
- Built in 2006
- Located at 2228 Second Street in Historic Old Town Slidell
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,985
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,700
$839.7K
Cap Rate 7%
$599,786
$599.8K
Cap Rate 9%
$466,500
$466.5K
Market Conditions
NOI Build-Up for 4,187 SF
Gross rent
$62.8K $15.00/SF
− Vacancy
−$2.8K −$0.68/SF
EGI
$60.0K $14.33/SF
− OpEx
−$18.0K −$4.30/SF
NOI
$42.0K $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%
$839,700
Cap Rate 7%
$599,786
Cap Rate 9%
$466,500
Alternative Uses
Best Use
Retail
$599.8K
$524.8K – $699.8K
NOI $41,985 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$45.14M
$39.49M – $52.66M
NOI $3,159,544 @ 7.0% cap · market cap 632.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Quick Stop
Shops & Services
7,826 visits/mo
0.5 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
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-3 zoning allows retail, office, and other commercial uses in Slidell’s historic district.
Where is this retail space located?
The property is located at 2228 Second Street Slidell, LA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: C‑3 commercial zoning; Built in 2006; Located at 2228 Second Street in Historic Old Town Slidell
