Visible Property Near
766 E I-10 Service Rd Slidell, LA 70458
766 E I-10 Service Rd, Slidell, LA, 70458
Contact for pricing
For Sale
Contact for pricing
Highly visible property with frontage on I-10 Service Road.
Property Size3,399 SF
Price / SF$176.52
Days on Market1400
Property Features for 766 E I-10 Service Rd
General Information
- Standard status
- Active
- Size
- 3,399 SF
- Property subtype
- Retail
Listing agency
Property One Inc
Listed by
Matt Taylor · License #LA 0000006690
Source
Crexi
Added: Sep 23, 2022 Updated: Jul 6 at 7:43AM Checked: Jul 22 at 4:58PM
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
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.
Local 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 | $51.0k | $15.00 |
| − Vacancy | −$2.3k | −$0.68 |
| EGI | $48.7k | $14.33 |
| − OpEx | −$14.6k | −$4.30 |
| NOI | $34.1k | $10.03 |
3,399 SF · lease $15.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$486.9K
$426.0K – $568.1K
NOI $34,083 @ 7.0% cap · market cap 5.68%
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 427.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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 $600,000.
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.
