68446 Tammany Trace Dr Mandeville, LA 70471
Flex space
Type:Industrial
Property size:
4,664 SFPrice / SF:
$149/SF- Added:
- May 16, 2023
- Days on Market:
- 1152
- Last Refresh:
- Jun 28 at 4:57 pm
Property Features for 68446 Tammany Trace Dr
General Information
- Standard status
- Active
- Size
- 4,664 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2006
Listing office KPG Realty (985) 373-6417
Listing date May 16, 2023
Source Crexi
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
Investment Insights
Based on property information with market context.
Key Highlights
- 4664 SF Industrial Office/Warehouse
- 1018 SF Warehouse space with 3 rollup doors
- 3646 SF office space with multiple offices, reception areas, kitchens, and bathrooms on two floors
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 | $91.2k | $19.56 |
| − Vacancy | −$20.7k | −$4.43 |
| EGI | $70.6k | $15.13 |
| − OpEx | −$17.6k | −$3.78 |
| NOI | $52.9k | $11.35 |
4,664 SF · lease $19.56/SF/yr · vacancy 22.65% · expense 25.00%
Alternative Uses
Best Use
Office B
$756.1K
$661.6K – $882.1K
NOI $52,924 @ 7.0% cap · market cap 7.57%
Second Best
Flex RnD
$629.5K
$550.8K – $734.4K
NOI $44,064 @ 7.0% cap · market cap 6.30%
Theoretical Best
Multifamily LT 5
$50.28M
$43.99M – $58.66M
NOI $3,519,492 @ 7.0% cap · market cap 503.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
Similar For Sale Nearby
Similar Off Market Nearby
- Acadiana Manna — 69142 LA-59 suite f, Mandeville, LA 70471
FAQs
Where is this flex space located?
The property is located at 68446 Tammany Trace Dr Mandeville, LA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4664 SF Industrial Office/Warehouse; 1018 SF Warehouse space with 3 rollup doors; 3646 SF office space with multiple offices, reception areas, kitchens, and bathrooms on two floors
