Open-Layout Retail
For Sale
$150,000
3003 PONTCHARTRAIN Drive, Slidell, LA 70458
Commercial, Slidell, LA
Property Size1,200 SF
Lot Size0.13 Acres
Price / SF$125
Days on Market148
Property Features for 3003 PONTCHARTRAIN Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC-4
Subdivision
Not a Subdivision
Lot features
Irregular
Standard status
Active
APN
92848
Lot size
0.13 Acres
Taxes and HOA fees
Tax Description
UNIT 3003 KENNEDY CENTER COMMERCIAL CONDO IN SQ 4 SALMEN ADDITION 1 INST NO 1593448 INST NO 1779651
Legal Description
UNIT 3003 KENNEDY CENTER COMMERCIAL CONDO IN SQ 4 SALMEN ADDITION 1 INST NO 1593448 INST NO 1779651
Utilities
Water source
Public
Building Details
Year built
2010
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Will Frederick · License #0912124137
(985) 215-3100
Added: May 19
Changed: Aug 19
Last Checked: Oct 13 at 9:06AM
MLS# 2558954
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,200-square-foot commercial condominium is located in Unit 3003 of the Kennedy Center, a seven-unit strip shopping center completed in 2010. The interior has an open configuration and two bathrooms, supporting retail, professional office, medical, and personal service uses. Public water serves the property, which carries HC-4 zoning.
The condominium is positioned at 3003 Pontchartrain Drive in Slidell, Louisiana, within St. Tammany Parish. The property information identifies on-site parking, established neighboring tenants, and visibility within the center. A 0.1334-acre lot area is associated with the property.
The condominium is positioned at 3003 Pontchartrain Drive in Slidell, Louisiana, within St. Tammany Parish. The property information identifies on-site parking, established neighboring tenants, and visibility within the center. A 0.1334-acre lot area is associated with the property.
Key Highlights
- 1,200‑square‑foot commercial condominium in Unit 3003
- Located within the Kennedy Center, a seven‑unit strip shopping center
- Open interior layout with two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,033
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,660
$240.7K
Cap Rate 7%
$171,900
$171.9K
Cap Rate 9%
$133,700
$133.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$18.0K $15.00/SF
− Vacancy
−$810 −$0.68/SF
EGI
$17.2K $14.33/SF
− OpEx
−$5.2K −$4.30/SF
NOI
$12.0K $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%
$240,660
Cap Rate 7%
$171,900
Cap Rate 9%
$133,700
Alternative Uses
Best Use
Retail
$171.9K
$150.4K – $200.6K
NOI $12,033 @ 7.0% cap · market cap 8.02%
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 603.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 28%
Shops & Services 27%
Home Improvements & Furnishings 5%
Walmart Neighborhood Market
Groceries
36,562 visits/mo
0.1 miles
McDonald's
Dining
16,275 visits/mo
0.3 miles
Quick Stop
Shops & Services
7,826 visits/mo
0.2 miles
Shell
Shops & Services
6,164 visits/mo
0.3 miles
SONIC Drive In
Dining
5,042 visits/mo
0.2 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - HC-4-zoned commercial condo with two bathrooms and flexible space for retail, office, medical, or personal service use.
Where is this retail space located?
The property is located at 3003 PONTCHARTRAIN Drive Slidell, LA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 1,200‑square‑foot commercial condominium in Unit 3003; Located within the Kennedy Center, a seven‑unit strip shopping center; Open interior layout with two bathrooms
