Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1510 Causeway Approach Mandeville, LA 70471
    Property profile & analytics

    1510 Causeway Approach, Mandeville, LA 70471

    View on Map
    • Office Spaces
    • 2.18 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Northshore Endodontics Dr. Charles Roy Charles DDS / Dental Office
    • Toby B. Moffatt, D.D.S. / Dental Office
    • The Williams Team Keller Williams Realty / Real Estate Agency
    • Charles Overton Roy / Dental Office
    • National Oilwell Varco / Factory / Production Facility

    Property Details for 1510 Causeway Approach

    Lot size
    2.18 lot acres
    Property type
    Office Spaces

    Description

    This exceptional 2,025 square foot ground floor office space in Mandeville, Louisiana, presents a fantastic opportunity for medical or dental professionals. Located at 1510 W Causeway Approach, 70471, this single-tenant property sits on 2.18 acres of land in St. Tammany Parish. The space is ideally suited for practices needing multiple treatment rooms, boasting existing plumbing and wiring to accommodate 5-6 operatories. Features include a welcoming reception area, a dedicated lab, administrative offices and stations, and a private half-bath. Recent upgrades enhance the space's appeal, with new vinyl plank flooring, new granite countertops, and fresh paint throughout. Ample parking is available for staff and patients. The location offers unparalleled convenience, being within walking distance of Pontchartrain Elementary and Tchefuncte Middle Schools, making it particularly attractive for practices specializing in pediatric care. This property is a turnkey solution for a thriving practice seeking a well-appointed and conveniently located office space. The property type is office, specifically an executive office suite.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mandeville
    County
    St. Tammany Parish
    State
    Louisiana
    Longitude
    -90.1009
    Latitude
    30.39

    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

      105 Beau Chene Blvd

      Land
      105 Beau Chene Blvd, 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
      6,000 SF

      4420 La-22

      Office Spaces
      4420 La-22, Mandeville, LA 70471
      View Details
    • Value Estimation by Request
      8,000 SF

      1265 Causeway Approach

      Coworking space
      1265 Causeway Approach, Mandeville, LA 70471
      View Details

    Similar Nearby for Sale

    • 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
    • $1,995,000

      Class A Office Building

      Move-in ready office building near Interstate 12 in Mandeville.
      68031 Capital Trace Row, 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
    • $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

    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
    • $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
    • $495 /Mo
      120 SF

      Commercial Office Space For Rent

      Commercial office space with amenities in Mandeville, LA.
      1131 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
    • $2,784 /Mo
      4,006 SF

      Move-in Ready Office/Warehouse Condo

      Renovated office/warehouse condo in Alamosa Office Industrial Park.
      68446 Tammany Trace Dr, 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.
    1510 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
    1510 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!