Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    400 Garrett Rd Slidell, LA 70458
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    400 Garrett Rd Slidell, LA 70458

    View on Map
    • Office Units
    For Lease
    View Listing →
    Versatile Industrial Building with Highway Frontage For Lease
    Contact for pricing
    35,000 SF

    Versatile Industrial Building with Highway Frontage

    35,000 SF industrial space with high visibility and multiple access.

    400 Garrett Rd, Slidell, LA 70458
    View Listing
    Property ID
    US36-1469587
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Moviesets / Hotel & Motel / Resort
    • Lets Go Motors / Car Dealership
    • Clowning Around Kustoms / Auto Repair Shop
    • Sunbelt Rental / (Bike/Boat/Book/etc) Store / Rental Equipment Company
    • Sunbelt Rentals / (Bike/Boat/Book/etc) Store / Rental Equipment Company

    Property Details for 400 Garrett Rd

    Property type
    Office Units
    Property subtype
    Warehouses

    Description

    This 35,000 sq ft industrial building, formerly a Chevrolet dealership and Movie Sets Prop House. The Class-B industrial space features multiple access points and large parking lot providing ample parking. The building is divided into large and small warehouse/storage spaces with eave heights ranging from 15' to 18' and includes approximately 4,000 sq ft of office/showroom space. Key features include loading doors on the North, East, and West sides, and a substantial electrical capacity. The property offers excellent visibility with approximately 500' of frontage on I-10, which has a traffic count of approximately 85,000 vehicles per day. Additionally, it is conveniently located three miles from I-10, I-59, and I-12, making it an ideal location for businesses seeking a versatile industrial space with prime highway exposure. Ask agent about leasing options including renting half of the property. Asking rate ranges from $6.51/sf - $8/sf depending on size needed.

    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
    Slidell
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -89.762412
    Latitude
    30.252289

    Comparable in this City

    • $4,200 /Mo
      5,000 SF

      Move-in Ready Commercial Space Available

      Versatile commercial space with office, showroom, and potential warehouse.
      1030 Old Spanish Trl, Slidell, LA 70458
      View Details
    • $4,000 /Mo
      5,000 SF

      Slidell Commercial Space For Lease

      Commercial space with office and warehouse components available for lease.
      3174 Terrace Ave, Slidell, LA 70458
      View Details
    • $4,700 /Mo
      5,000 SF

      Slidell Warehouse with Office Space

      Warehouse with 1,250 SF office, flexible build-out options.
      3174 Terrace Ave, Slidell, LA 70458
      View Details
    • $1,250 /Mo
      1,216 SF

      Move-in Ready Slidell Office Space

      Prime Slidell location, professional complex, convenient access, ample parking.
      1349 Corporate Square Dr, Slidell, LA 70458
      View Details
    • Contact for pricing

      Single Tenant Office Space

      Office space available for single tenant occupancy.
      330 Oak Harbor Blvd, Slidell, LA 70458
      View Details
    • Contact for pricing

      Class A Medical Office Building

      Premier medical office building with turn-key and customizable spaces.
      1810 Lindberg Dr, Slidell, LA 70458
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,440 SF

      Versatile Commercial Facility in Slidell

      13,440 SF commercial building on nearly 1.5 acres.
      3663 Pontchartrain Dr, Slidell, LA 70458
      View Details
    • Contact for pricing

      Retail/Warehouse Building with Renovation Potential

      5,000 SF retail/warehouse building in Slidell, Louisiana.
      1060 Front St, Slidell, LA 70458
      View Details
    • $675,000
      13,440 SF

      Slidell Commercial Facility For Sale

      13,440 SF commercial facility on 1.477 acres in Slidell.
      3663 Pontchartrain Dr, Slidell, LA 70458
      View Details
    • Contact for pricing

      Prime Corner Site in Slidell

      Corner site near Town Center and Amazon Fulfillment Center.
      Old Spanish Trl And Faith Dr, Slidell, LA 70458
      View Details
    • $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
    • $849,999
      4,493 SF

      Historic Mixed-Use Landmark in Slidell

      Mixed-use property in Olde Towne Slidell with commercial and living space.
      2236/2238 1St St, Slidell, LA 70458
      View Details

    Similar Nearby for Lease

    • $4,200 /Mo
      5,000 SF

      Move-in Ready Commercial Space Available

      Versatile commercial space with office, showroom, and potential warehouse.
      1030 Old Spanish Trl, Slidell, LA 70458
      View Details
    • $4,000 /Mo
      5,000 SF

      Slidell Commercial Space For Lease

      Commercial space with office and warehouse components available for lease.
      3174 Terrace Ave, Slidell, LA 70458
      View Details
    • $4,700 /Mo
      5,000 SF

      Slidell Warehouse with Office Space

      Warehouse with 1,250 SF office, flexible build-out options.
      3174 Terrace Ave, Slidell, LA 70458
      View Details
    • $1,250 /Mo
      1,216 SF

      Move-in Ready Slidell Office Space

      Prime Slidell location, professional complex, convenient access, ample parking.
      1349 Corporate Square Dr, Slidell, LA 70458
      View Details
    • Contact for pricing

      Single Tenant Office Space

      Office space available for single tenant occupancy.
      330 Oak Harbor Blvd, Slidell, LA 70458
      View Details
    • Contact for pricing

      Class A Medical Office Building

      Premier medical office building with turn-key and customizable spaces.
      1810 Lindberg Dr, Slidell, LA 70458
      View Details
    View Listing
    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.
    400 Garrett Rd
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!