Office Unit with Conference
For Sale
Contact for pricing
2270 7th Street 2a, Mandeville, LA 70471
Configured with private offices, collaborative bullpen space, and a dedicated restroom.
Property Size1,200 SF
Price / SF$1.08
Days on Market47
Property Features for 2270 7th Street 2a
General Information
Standard status
Active
Size
1,200 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2010
Listing Agency:
KPG Realty, LLC
Listed By:
Brent Cordell · License #995690890
(985) 373-6417
Source:
Fiorellaavenue
Added: Sep 5
Changed: Oct 8
Last Checked: Oct 7 at 3:56PM
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 KPG Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,200-square-foot office unit was built in 2010 and provides a practical multi-room layout. The space includes four offices, a conference room, a spacious bullpen, and one bathroom, supporting a combination of private work areas and shared workspace.
Located at 2270 7th Street 2A in Mandeville, the property is positioned off Hwy 190 and near Interstate 12. The configuration offers a defined office setting with room for individual offices, meetings, and team operations.
Located at 2270 7th Street 2A in Mandeville, the property is positioned off Hwy 190 and near Interstate 12. The configuration offers a defined office setting with room for individual offices, meetings, and team operations.
Key Highlights
- 1,200 SF office unit
- Four offices plus a conference room
- Spacious bullpen for shared workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,617
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,340
$272.3K
Cap Rate 7%
$194,529
$194.5K
Cap Rate 9%
$151,300
$151.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$23.5K $19.56/SF
− Vacancy
−$5.3K −$4.43/SF
EGI
$18.2K $15.13/SF
− OpEx
−$4.5K −$3.78/SF
NOI
$13.6K $11.35/SF
Area
St. Tammany County, LA
Vacancy
22.65%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,340
Cap Rate 7%
$194,529
Cap Rate 9%
$151,300
Alternative Uses
Best Use
Office B
$194.5K
$170.2K – $227.0K
NOI $13,617 @ 7.0% cap · market cap 1,047.46%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.94M
$11.32M – $15.09M
NOI $905,530 @ 7.0% cap · market cap 69,656.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,153
Businesses Nearby
Explore this area
Business Placement
Demographics for 70471, LA
23,334
Population
10,341
Households
2.3
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
28.9 sq mi
ZIP Area
807
Density / Sq Mi
$96,510
Median Household Income
$52,523
Median Earnings
$1,282
Median Rent
$370,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Configured with private offices, collaborative bullpen space, and a dedicated restroom.
Where is this office unit located?
The property is located at 2270 7th Street 2a Mandeville, LA.
What are key features of this property?
This property features: 1,200 SF office unit; Four offices plus a conference room; Spacious bullpen for shared workspace
