Live-Work Office
A-102 Fontainbleau Dr Mandeville, LA 70471
A-102 Fontainbleau Dr, Mandeville, LA, 70471
$1,724,700
For Sale
$1,724,700
Build-to-suit live-work office space in Beau Chene Office Park II, with an estimated 12-month completion timeline.
Property Size5,749 SF
Price / SF$300
Days on Market738
Property Features for A-102 Fontainbleau Dr
General Information
- Standard status
- Active
- Size
- 5,749 SF
Listing agency
Coldwell Banker TEC
(504) 275-9990
Listed by
MARK E INMAN · License #000076838
(504) 275-9990
Source
Exprealty
Added: Jul 15, 2024 Updated: Jul 21 at 3:30PM Checked: Jul 21 at 3:30PM
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 Coldwell Banker TEC
Investment Insights
Based on property information with market context.
Own your own build-to-suit live-work office space in Beau Chene Office Park II. The developer can build the unit to suit the needs of the buyer or tenant, with estimated completion approximately 12 months after contract.
The property is described as conveniently located between the I-12 and Highway 22/190 intersections at the Fountainbleau entry into Beau Chene. Address: A-102 Fontainbleau Dr, Mandeville, LA.
The property is described as conveniently located between the I-12 and Highway 22/190 intersections at the Fountainbleau entry into Beau Chene. Address: A-102 Fontainbleau Dr, Mandeville, LA.
Key Highlights
- Build‑to‑suit office space available in Beau Chene Office Park II
- Developer can build the unit to suit the buyer or tenant’s needs
- Estimated completion is approximately 12 months after contract
Local Financial Insights For Office B
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 | $112.5k | $19.56 |
| − Vacancy | −$25.5k | −$4.43 |
| EGI | $87.0k | $15.13 |
| − OpEx | −$21.7k | −$3.78 |
| NOI | $65.2k | $11.35 |
5,749 SF · lease $19.56/SF/yr · vacancy 22.65% · expense 25.00%
Alternative Uses
Best Use
Office B
$931.9K
$815.4K – $1.09M
NOI $65,235 @ 7.0% cap · market cap 3.78%
Second Best
Mixed Use
$850.0K
$743.8K – $991.7K
NOI $59,502 @ 7.0% cap · market cap 3.45%
Theoretical Best
Multifamily LT 5
$61.97M
$54.23M – $72.30M
NOI $4,338,242 @ 7.0% cap · market cap 251.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Build-to-suit live-work office space in Beau Chene Office Park II, with an estimated 12-month completion timeline.
Where is this live-work space located?
The property is located at A-102 Fontainbleau Dr Mandeville, LA.
What is the asking price?
The asking price for this property is $1,724,700.
What are key features of this property?
This property features: Build‑to‑suit office space available in Beau Chene Office Park II; Developer can build the unit to suit the buyer or tenant’s needs; Estimated completion is approximately 12 months after contract
