Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Old Spanish Trl Slidell, LA 70458

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    2.4-Acre Unrestricted Retail Site. Motivated Seller!

    Property Features for 0 Old Spanish Trl

    General Information

    Property type
    Retail properties & Spaces
    Lot Size
    104,544 SF

    We can help!

    Listing Contact
    Mark Hebert
    Mark Hebert

    Listing Agency: Kurz & Hebert Listing Agent: Mark Hebert

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 2.4-acre commercial property, located on Old Spanish Trail in Slidell, Louisiana, presents a remarkable investment opportunity. Zoned for unrestricted use, this expansive lot offers significant potential for a variety of retail developments. The asking price is $600,000, translating to a land value of $250,000 per acre, reflecting the strategic location and high demand in this thriving area. The property's address is Old Spanish Trail, Slidell, LA 70458, within St. Tammany Parish. Its convenient location offers excellent visibility and accessibility, making it ideal for a range of retail businesses. The property's size and unrestricted zoning provide ample flexibility for development, catering to a wide spectrum of commercial ventures. Given the motivated seller, this presents a unique chance to acquire a prime retail site in a rapidly growing market. The property's APN is 14df4504-974d-432b-a0b0-513dfd945fbe. This is a rare opportunity to secure a substantial piece of land in a desirable location, poised for immediate development. Don't miss this chance to capitalize on this exceptional investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Slidell
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -89.748163
    Latitude
    30.2210654

    Nearby Similar for Sale

    • New
      $849,999
      4,493 SF

      Historic Mixed-Use Property in Slidell

      Remarkable mixed-use property in the heart of Olde Towne Slidell.
      2236/2238 1St St, Slidell, LA 70458
      View Details
    • $675,000
      13,440 SF

      Slidell Commercial Facility For Sale

      Versatile 13,440 SF commercial building on 1.5 acres.
      3663 Pontchartrain Dr, Slidell, LA 70458
      View Details
    • $389,000
      0.43 Acres

      Move-in Ready Dental/Medical Office

      Equipped dental office, convertible to medical or professional use.
      484 Robert Blvd, Slidell, LA 70458
      View Details
    • $299,000
      3,922 SF

      Slidell Office Building For Sale

      Well-maintained office building with built-in income potential.
      1009 Carnation St, Slidell, LA 70460
      View Details
    • $475,000
      11,028 SF

      Slidell Commercial Property with Showroom

      Highway-adjacent commercial property featuring a showroom and office space.
      888 Old Spanish Trl, Slidell, LA 70458
      View Details
    • $547,700
      6,000 SF

      Slidell Strip Center Investment Opportunity

      Fully leased 6-bay strip center generating $4,800/month gross income.
      1365-1389 W Gause Blvd, Slidell, LA 70458
      View Details
    • $898,000
      8,668 SF

      Retail Shopping Center in Slidell

      Well-maintained retail shopping center in downtown Slidell for sale.
      1265 Gause Blvd, Slidell, LA 70458
      View Details
    • $324,900
      2,484 SF

      Immaculate Duplex in Central Slidell

      Well-maintained duplex with consistent income potential in the heart of Slidell.
      2018 6Th St, Slidell, LA 70458
      View Details
    • $1,500,000

      Versatile Commercial Property with Lake Views

      Prime commercial property featuring a sanctuary, coffee house, and classrooms.
      1510 Lindberg Dr, Slidell, LA 70458
      View Details
    • New
      $342,000
      2,010 SF

      Slidell Mixed-Use Property For Sale

      Spacious property with commercial/residential zoning in Olde Town Slidell.
      2239 1St St, Slidell, LA 70458
      View Details
    • $215,000
      2,980 SF

      Historic Multi-Purpose Building For Sale

      Historic building on corner lot, ideal for community events.
      1619 E West Dr, Slidell, LA 70460
      View Details
    • $245,000
      2,081 SF

      Well-Maintained Duplex in Slidell, LA

      Duplex with income potential and convenient location in Slidell.
      1539 Live Oak Dr, Slidell, LA 70460
      View Details

    FAQs

    What type of property is this?
    Retail property - 2.4-Acre Unrestricted Retail Site. Motivated Seller!
    Where is this retail property located?
    The property is located at Old Spanish Trl 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: $600,000 asking price for a retail property.; 2.4-acre lot in Slidell, Louisiana.; $250,000/acre land value.
    (225) 925-0600 Call to check price and availability
    Request Owner's contact information
    Old Spanish Trl Slidell, LA 70458
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Old Spanish Trl
    Slidell, LA 70458
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Old Spanish Trl Slidell, LA 70458
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Hebert
    Mark Hebert
    (225) 925-0600 (225) 337-5555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!