269 General Patton Avenue Mandeville, LA 70471
4,900 sq ft metal warehouse and office with two roll-up doors, divided into two warehouse units with office and ADA bathrooms.
- Added:
- Jun 26, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 11 at 3:02 am
Property Features for 269 General Patton Avenue
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2024
Listing office Keller Williams Realty Services (985) 789-8717
Listing date Jun 26, 2026
Source Nolalivingrealty
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 Keller Williams Realty Services
Investment Insights
Based on property information with market context.
The site is zoned I2 industrial. The smaller 1,800 sq ft warehouse (Unit 2) is currently leased. The current owner/occupant of the larger space is expected to be out within 45–60 days. For financing, owner financing is available with a minimum 20% down payment. The property is located in Mandeville off Hwy 59 along the I-12 corridor, with easy access to I-59, I-55, and I-10, and it offers plenty of parking.
Key Highlights
- 4,900 SF all‑metal warehouse and office built in 2024, divided into two warehouse units
- Unit 1 (2,100 SF) includes air‑conditioned warehouse, 1,000 SF office space, and two ADA bathrooms
- Unit 2 (1,800 SF) is a warehouse with one ADA bathroom; smaller unit is currently leased
Local Financial Insights For Office B
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 | $95.8k | $19.56 |
| − Vacancy | −$21.7k | −$4.43 |
| EGI | $74.1k | $15.13 |
| − OpEx | −$18.5k | −$3.78 |
| NOI | $55.6k | $11.35 |
Alternative Uses
Property Analytics
Current Use by Public Records
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