Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Causeway Approach Mandeville, LA 70471
    Back to Search
    Property profile & analytics

    Causeway Approach, Mandeville, LA 70471

    View on Map
    • Retail properties & Spaces
    • 15,000 SF
    • 3.05 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Causeway Approach

    Year built
    2025
    Lot size
    3.05 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 15,000-square-foot medical office building presents a unique opportunity in Mandeville, Louisiana. Located on W. Causeway Approach, near Hwy. 190, this single-tenant property sits on a 3.05-acre lot and boasts a prime location within a thriving professional corridor. Built in 2025, the building offers flexible layout options, allowing businesses to customize their space to meet specific needs. The B-2 zoning allows for a variety of uses, making it ideal for medical practices, and other professional services. This new construction offers a blank canvas for businesses seeking a modern, efficient workspace. The property's strategic location provides convenient access to the Causeway Bridge, ensuring easy commutes to Metairie and New Orleans. The surrounding area is home to a diverse range of established businesses in healthcare, engineering, finance, and legal services, creating a strong professional network. This development offers a competitive tenant improvement package, further enhancing its appeal to prospective tenants. This represents a significant opportunity for businesses to establish a presence in a dynamic and growing market within St. Tammany Parish, Louisiana, zip code 70471. The entire 15,000 square feet is currently vacant and available for lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mandeville
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.0981
    Latitude
    30.3873

    Comparable in this City

    • Value Estimation by Request
      22,000 SF

      804 Heavens Dr

      Medical Office Space
      804 Heavens Dr, Mandeville, LA 70471
      View Details
    • Value Estimation by Request
      21,567 SF

      3500 Us-190

      Retail properties & Spaces
      3500 Us-190, Mandeville, LA 70471
      View Details
    • Value Estimation by Request
      30,000 SF

      4700 La-22

      Neighborhood centers
      4700 La-22, Mandeville, LA 70471
      View Details
    • Value Estimation by Request
      20,082 SF

      2639 Causeway Blvd

      Office Spaces
      2639 Causeway Blvd, Mandeville, LA 70471
      View Details
    • Value Estimation by Request
      13,023 SF

      2077 Causeway Blvd

      Office Spaces
      2077 Causeway Blvd, Mandeville, LA 70471
      View Details
    • Value Estimation by Request
      50,000 SF

      2895 Us-190

      Neighborhood centers
      2895 Us-190, Mandeville, LA 70471
      View Details

    Similar Nearby for Sale

    • $525,000
      1,884 SF

      Commercial Property on Highway 59

      1,884 SF commercial space on busy Highway 59.
      4055 Highway 59, Mandeville, LA 70471
      View Details
    • Contact for pricing
      2,821 SF

      Stand Alone Office Building

      Office building with showrooms and potential for multiple tenants.
      2075 3Rd St, Mandeville, LA 70471
      View Details
    • Contact for pricing

      Renovated Office Building For Sale

      17,718 SF renovated office building with national tenant.
      233 General Patton Ave, Mandeville, LA 70471
      View Details
    • Contact for pricing
      3,600 SF

      Professional Office Space in Mandeville

      3,600 SF office space with flexible configurations available for sale.
      1011 N Causeway Blvd, Mandeville, LA 70471
      View Details
    • Contact for pricing
      2,750 SF

      Mandeville Office Units For Sale

      Two office units in excellent Mandeville location for sale.
      1170 Causeway Approach W, Mandeville, LA 70471
      View Details
    • Contact for pricing
      5,542 SF

      Four-Unit Office Condo Building

      Two-story office condo in Mandeville with income potential.
      1140-1150 Causeway Approach W, Mandeville, LA 70471
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Shopping center with retail and office spaces for lease.
      1200 Causeway Approach W, Mandeville, LA 70471
      View Details
    • Contact for pricing

      Retail/Office Space For Lease

      Retail or office space with high visibility and ample parking.
      5150 Highway 22, Mandeville, LA 70471
      View Details
    • $1,392 /Mo
      1,450 SF

      Mandeville Retail/Office Space Available

      Retail or office space available for rent in Mandeville.
      68446 Tammany Trace Dr, Mandeville, LA 70471
      View Details
    • $3,271 /Mo
      2,066 SF

      Mandeville Retail/Office Space Available

      Retail or office space for rent in Mandeville, Louisiana.
      2077 N Causeway Blvd, Mandeville, LA 70471
      View Details
    • Contact for pricing

      Class A Office Building

      Class A office building for sale or lease.
      68031 Capital Trace Row, Mandeville, LA 70471
      View Details
    • $595 /Mo
      240 SF

      Commercial Office Space in Mandeville

      Office space with amenities, convenient location, and inclusive pricing.
      1131 N Causeway Blvd, Mandeville, LA 70471
      View Details
    Request Owner's contact information
    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.
    Causeway Approach
    Mandeville, LA 70471
    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
    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

    Thank You for Inquiry
    Causeway Approach, Mandeville, LA, 70471
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!