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Property profile & analytics
OFF-MARKET
Office Spaces

804 Heavens Dr Mandeville, LA 70471

22,000 SF
Property ID
Property summary
AI-generated overview

This exceptional two-story, 22,000 square foot medical office building presents a unique investment opportunity in St. Tammany Parish, conveniently located off Highway 22 near the Beau Chene entrance. The building features a total of six available suites, ranging in size from 1,391 to 4,677 contiguous square feet, with a minimum divisible space of 1,547 square feet. Each suite is thoughtfully designed with sinks in the exam rooms, catering to the specific needs of medical professionals. The building boasts modern amenities including an elevator, ensuring easy accessibility for patients and staff. Suites can be combined to accommodate practices requiring larger spaces. The building utilizes a 12 CAF (Common Area Factor). Tenants are responsible for NNN charges (estimated at $4.00 per rentable square foot), utilities, janitorial services, and medical waste disposal. This prime location offers excellent visibility and accessibility, making it an ideal setting for a thriving medical practice. The current building owner and their spouse are establishing their practices within the building, demonstrating confidence in the property's potential. This presents a rare opportunity to secure space in a well-appointed, newly constructed medical facility in a desirable location.

Property profile
Verified
Property type Office Spaces
Total area 22,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Culicchia Neurological Clinic - Mandeville Medical Clinic
  • Guillot Richard J MD Physician Medical Clinic
  • Dr. Karroll Payne, MD Physician
  • Dr. Glenn D. Hedgpeth, M.D. Physician
  • Private Physicians Associates Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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