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    3461 Causeway Approach Mandeville, LA 70448

    Sponsored
    For Sale
    $305,880

    High-yield vacant retail space, 25,490 SF.

    Property size:
    25,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a vacant 25,490 square foot retail property located at 3461 E Causeway Approach in Mandeville, Louisiana, zip code 70448. Situated in St. Tammany Parish, this multi-tenant property is offered at an asking price of $305,880, translating to $12 per square foot. Currently vacant, this presents a unique chance for an investor to customize the space to suit their specific needs and tenant mix. The property's prime location offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The property's size and layout provide ample opportunity for development and leasing. The property's APN is 3f7a669d-39f3-4d90-aabfe653c362356e. Given its strategic location and significant square footage, this property is poised for strong returns. The property type is classified as retail. While the cap rate is listed as 0.00%, this figure should be independently verified and analyzed by potential investors. This is a truly remarkable opportunity to acquire a substantial retail property in a thriving Louisiana market. The property is currently vacant, allowing for immediate development and tenant acquisition. The latitude and longitude coordinates are 30.375766 and -90.089425 respectively.

    Property Features for 3461 Causeway Approach

    General Information

    Property type
    Retail properties
    Square Feet
    25,490 SF

    HighLights

    • $305,880 asking price for this retail property.
    • Multi‑tenant retail building totaling 25,490 square feet.
    • $12 per square foot asking price.
    • Currently vacant.
    • Located at 3461 E Causeway Approach, Mandeville, LA 70448.
    Property Profile Location Intelligence

    Current Use by Public Records

    Redbox Movie Rental Kiosk US Post Office Post Office Loop Charging Station Electric Vehicle Charging Station Starbucks Coffee Shop Rouses Market Grocery Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mandeville
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.089425
    Latitude
    30.375766

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    FAQs

    What type of property is this?
    Retail property - High-yield vacant retail space, 25,490 SF.
    Where is this retail property located?
    The property is located at 3461 Causeway Approach Mandeville, LA.
    What is the asking price?
    The asking price for this property is $305,880.
    What are key features of this property?
    This property features: $305,880 asking price for this retail property.; Multi-tenant retail building totaling 25,490 square feet.; $12 per square foot asking price.
    Request Owner's contact information
    3461 Causeway Approach Mandeville, LA 70448
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    Mandeville, LA 70448
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    Realmo Value Estimation

    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.

    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.

    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
    3461 Causeway Approach Mandeville, LA 70448
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