Flex Space with Separate
For Sale
$345,000
753 ROBERT Boulevard, Slidell, LA 70458
Commercial, Slidell, LA
Property Size2,987 SF
Price / SF$115.50
Days on Market167
Property Features for 753 ROBERT Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
Castle Manor
Lot features
Regular
Standard status
Active
APN
139016
Size
2,987 SF
Taxes and HOA fees
Tax Description
CASTLE MANOR LT(PT OF 161-162) UN2
Legal Description
CASTLE MANOR LT(PT OF 161-162) UN2
Utilities
Water source
Public
Amenities
separate meters
multiple HVAC systems
cross-parking agreement
Building Details
Year built
2000
Floors in Building
1
Listing Agency:
RE/MAX Professional · RE/MAX International
(225) 615-7755
Listed By:
Danielle Engels
(225) 445-0163
Added: May 11
Changed: Oct 10
Last Checked: Oct 24 at 10:06AM
MLS# 2557591
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.
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Investment Insights
Based on property information with market context.
This 2,987-square-foot flex property offers a steel and cinderblock structure with brick and stucco exterior finishes. The interior has been opened to the studs, creating a blank canvas for a new build-out. Separate electric meters, private entrances, and multiple HVAC systems support a configuration with one or two commercial spaces. The building has 12-foot ceiling height to the deck, with an estimated 10-foot finished height depending on the final build-out.
Zoned C2, the property supports retail, office, and medical use categories identified in the listing. A cross-parking agreement provides shared parking and access. The site is positioned on Robert Boulevard in Slidell, with access to I-12, I-10, I-59, and Hwy 190/Gause Boulevard. Public water service is in place, and the building was constructed in 2000.
Zoned C2, the property supports retail, office, and medical use categories identified in the listing. A cross-parking agreement provides shared parking and access. The site is positioned on Robert Boulevard in Slidell, with access to I-12, I-10, I-59, and Hwy 190/Gause Boulevard. Public water service is in place, and the building was constructed in 2000.
Key Highlights
- 2,987 SF flex property on Robert Boulevard
- C2 zoning supports retail, office, and medical uses
- Separate electric meters and private entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,952
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,040
$599.0K
Cap Rate 7%
$427,886
$427.9K
Cap Rate 9%
$332,800
$332.8K
Market Conditions
NOI Build-Up for 2,987 SF
Gross rent
$44.8K $15.00/SF
− Vacancy
−$2.0K −$0.68/SF
EGI
$42.8K $14.33/SF
− OpEx
−$12.8K −$4.30/SF
NOI
$30.0K $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%
$599,040
Cap Rate 7%
$427,886
Cap Rate 9%
$332,800
Alternative Uses
Best Use
Retail
$427.9K
$374.4K – $499.2K
NOI $29,952 @ 7.0% cap · market cap 8.68%
Second Best
Flex RnD
$403.1K
$352.8K – $470.3K
NOI $28,220 @ 7.0% cap · market cap 8.18%
Theoretical Best
Multifamily LT 5
$32.20M
$28.18M – $37.57M
NOI $2,254,014 @ 7.0% cap · market cap 653.34%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
12 ft
Clear height
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - C2-zoned commercial building prepared for a customized rebuild with independent utility service and multiple HVAC systems.
Where is this flex space located?
The property is located at 753 ROBERT Boulevard 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: 2,987 SF flex property on Robert Boulevard; C2 zoning supports retail, office, and medical uses; Separate electric meters and private entrances
