Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mandeville Retail/Office Space Available Title is generated by Realmo AI

    68446 TAMMANY TRACE Drive 8, Mandeville, LA 70471

    View on Map
    Claim this Listing
    For Lease
    $1,392/Mo $11 SF/Yr (calc)

    Retail or office space available for rent in Mandeville.

    Property size:
    1,450 SF
    Added:
    Mar 21, 2025
    Days on Market:
    439
    Last Refresh:
    Mar 16 at 9:22 am

    Property Features for 68446 TAMMANY TRACE Drive 8

    General Information

    Standard status
    Active
    Size
    1,450 SF

    Building Details

    Year Built
    2008

    We can help!

    Listing Contact
    Wendy Touchard
    Wendy Touchard

    Listing agent Wendy Touchard

    Listing office Prime Real Estate Partners

    Listing date Mar 21, 2025

    Source Evrealestate

    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 Prime Real Estate Partners

    HighLights

    • Located in St Tammany County.
    • Central air conditioning.
    • Central heating.
    • Off‑street parking.
    • Built in 2008.

    Overview

    This commercial property in Mandeville, Louisiana, offers 1450 square feet of retail or office space for rent. Located in St. Tammany Parish, the property is suitable for either retail or office use.
    Location Intelligence

    Current Use by Public Records

    Life Church - Mandeville Church Bird's Fastener & Tool ... (Bike/Boat/Book/etc) Store A+ Precision Dental Lab Dental Office Palo Medical Medical Supply Store Affordable Windshields Auto Repair Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mandeville
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.044304
    Latitude
    30.426385

    Nearby Similar for Lease

    • $1,650/Mo
      1,347 SF

      Mariners Plaza Office Suite

      First-floor office suite in Mariners Plaza Office Park.
      500 MARINERS PLAZA Drive, Mandeville, LA 70448
      View Details
    • $2,784/Mo
      4,006 SF

      Move-in Ready Office/Warehouse Condo

      Renovated office/warehouse condo in Alamosa Office Industrial Park.
      68446 TAMMANY TRACE Drive, Mandeville, LA 70471
      View Details
    • $2,800/Mo
      2,576 SF

      First-Floor Office Suite For Rent

      Office suite with ground-level access in a maintained campus setting.
      500 MARINERS PLAZA Drive, Mandeville, LA 70448
      View Details
    • $2,100/Mo
      1,590 SF

      Mariners Plaza Office Suite Rental

      Second-floor office suite in Mariners Plaza Office Park available for lease.
      800 MARINERS PLAZA Drive, Mandeville, LA 70448
      View Details
    • $900/Mo
      738 SF

      Office Suite in Mariners Plaza

      First-floor office suite with ground-level access in Mandeville, LA.
      200 MARINERS PLAZA Drive, Mandeville, LA 70448
      View Details
    • $3,400/Mo
      1,884 SF

      Highway 59 Office Space

      Office space on Highway 59 with option to buy.
      4055 HIGHWAY 59, Mandeville, LA 70471
      View Details
    • $1,650/Mo
      1,347 SF

      Mariners Plaza Office Suite

      First-floor office suite in Mariners Plaza Office Park.
      509-500 Mariners Plaza Dr, Mandeville, LA
      View Details
    • $960/Mo
      180 SF

      Executive Office Suite For Lease

      All-inclusive office suites in a prime Mandeville location.
      225-2895 Highway 190, Mandeville, LA
      View Details
    • $14 SF/Yr
      3,250 SF

      Mandeville Flex Space Condo Suite

      Flex/light industrial condo suite in Alamosa Industrial Park.
      68361-2 Commercial Way South, Mandeville, LA, 70471
      View Details
    • $877/Mo
      160 SF

      Executive Office Suite in Mandeville

      All-inclusive office suites with receptionist, conference room, and fiber internet.
      220-2895 Highway 190, Mandeville, LA
      View Details
    • $2,000/Mo
      640 SF

      Commercial Cottage Space For Rent

      Commercial cottage space available in Mandeville with off-street parking.
      526 Girod St, Mandeville, LA
      View Details
    • $1,568/Mo
      1,693 SF

      Highway 59 Retail End Cap

      Retail end cap on Highway 59 with high visibility.
      68480 Highway 59 Ste 1a, Mandeville, LA, 70471-8702
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space available for rent in Mandeville.
    Where is this retail space located?
    The property is located at 68446 TAMMANY TRACE Drive 8 Mandeville, LA.
    What is the lease rate?
    The lease rate is $1,392 /Mo.
    What are key features of this property?
    This property features: Located in St Tammany County.; Central air conditioning.; Central heating.
    (504) 909-7069
    We can help!
    Listing Contact
    Wendy Touchard
    Wendy Touchard
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    68446 TAMMANY TRACE Drive 8, Mandeville, LA 70471
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!