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Redevelopment Retail/Office Building
For Sale
$345,000

753 Robert Blvd, Slidell, LA 70458

Two-suite commercial building with separate meters and HVAC systems, ready for custom rebuild under C-2 zoning.

Property Size2,987 SF
Price / SF$115.50
Days on Market129

Property Features for 753 Robert Blvd

General Information

Standard status Active
Size 2,987 SF
Listing Agency: RE/MAX Professional
Listed By: Danielle Engels · License #43249
Source: Exprealty
Added: Mar 29 Changed: Jul 10 Last Checked: Jul 31 at 3:26PM

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 RE/MAX Professional

Investment Insights

Based on property information with market context.

This high-visibility commercial building is set up as two separate 1,500 sq ft suites, each with its own electric meter and HVAC, plus private entrances. The property has been taken down to the studs and is ready for a custom rebuild, allowing for one larger space, two separate rentals, or a flexible-use layout. Construction is steel and cinderblock framing with brick and stucco exterior finishes. Ceiling heights run 12' to the deck, with an estimated 10' depending on the final build-out.

Located at 753 Robert Blvd in Slidell, the site benefits from access through a cross-parking agreement for shared parking and access. The property is described as having strong traffic convenience near I-12, I-10, I-59, and Hwy 190/Gause Blvd.

Zoned C-2, the building supports a broad mix of retail, office, or medical uses (subject to applicable approvals). Separate utilities and multiple HVAC systems already in place make the shell especially workable for investors seeking flexibility or owner-users planning to tailor the space to their operational needs during redevelopment.

Key Highlights

  • Previously set up as two 1,500 SF suites with separate electric meters and HVAC systems
  • Building has been taken down to the studs and is ready for a custom rebuild to fit your layout
  • C‑2 zoning allows retail, office, or medical uses (all kinds of retail, office, or medical uses per provided info)

Financial Insights For Retail

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 $44.8k $15.00
− Vacancy −$2.0k −$0.68
EGI $42.8k $14.33
− OpEx −$12.8k −$4.30
NOI $30.0k $10.03
2,987 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Healthcare Medical
$536.9K
$469.8K – $626.4K (±1% cap)
NOI $37,586 @ 7.0% cap · market cap 10.89%
Second Best
Office B
$484.2K
$423.7K – $564.9K (±1% cap)
NOI $33,894 @ 7.0% cap · market cap 9.82%
Theoretical Best
Multifamily LT 5
$32.20M
$28.18M – $37.57M (±1% cap)
NOI $2,254,014 @ 7.0% cap · market cap 653.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto Parts Burning ... Auto Repair Shop Air Plant Expert Garden Center Striking Women Products Clothing Store Savvy Medical Scrubs (Bike/Boat/Book/etc) Store Virtual Venue LLC Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Building Supply Acupuncture Big Box & Wholesale Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-suite commercial building with separate meters and HVAC systems, ready for custom rebuild under C-2 zoning.
Where is this storefront property located?
The property is located at 753 Robert Blvd Slidell, LA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Previously set up as two 1,500 SF suites with separate electric meters and HVAC systems; Building has been taken down to the studs and is ready for a custom rebuild to fit your layout; C‑2 zoning allows retail, office, or medical uses (all kinds of retail, office, or medical uses per provided info)
More about this property
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