Visible Property Near
For Sale
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766 E I-10 Service Rd, Slidell, LA 70458
Highly visible property with frontage on I-10 Service Road.
Property Size3,399 SF
Price / SF$151.52
Days on Market1492
Property Features for 766 E I-10 Service Rd
General Information
Standard status
Active
Size
3,399 SF
Property subtype
Land
Investment Type
Owner/User
Building Details
Year Built
1966
Listing Agency:
Property One Inc
Listed By:
Matt Taylor · License #LA 0000006690
(504) 343-3428
Source:
Crexi
Added: Sep 23, 2022
Changed: Oct 19
Last Checked: Oct 20 at 7:00PM
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 Property One Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents an opportunity to own a highly visible commercial space located off Slidell's I-10 Service Road. It features 160 feet of frontage with visibility from I-10, offering multiple signage opportunities. The property includes an ample amount of attached parking suitable for overflow, employees, or clients. The building's exterior features a brick façade, offering design potential. The space is currently in an open configuration, allowing for customized designs to suit specific needs. The property size is 3399 square feet.
Key Highlights
- Highly visible property with 160' of frontage on I‑10 Service Rd.
- Multiple signage opportunities.
- Ample attached parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,083
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,660
$681.7K
Cap Rate 7%
$486,900
$486.9K
Cap Rate 9%
$378,700
$378.7K
Market Conditions
NOI Build-Up for 3,399 SF
Gross rent
$51.0K $15.00/SF
− Vacancy
−$2.3K −$0.68/SF
EGI
$48.7K $14.33/SF
− OpEx
−$14.6K −$4.30/SF
NOI
$34.1K $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%
$681,660
Cap Rate 7%
$486,900
Cap Rate 9%
$378,700
Alternative Uses
Best Use
Retail
$486.9K
$426.0K – $568.1K
NOI $34,083 @ 7.0% cap · market cap 6.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$36.64M
$32.06M – $42.75M
NOI $2,564,913 @ 7.0% cap · market cap 498.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
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
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Highly visible property with frontage on I-10 Service Road.
Where is this retail space located?
The property is located at 766 E I-10 Service Rd Slidell, LA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Highly visible property with 160' of frontage on I‑10 Service Rd.; Multiple signage opportunities.; Ample attached parking.
