Property profile

4019 Lasalle St Mandeville, LA 70471

FOR SALE
Commercial real estate
Property ID
US36-1314453
2,500 SF 1 ac lot Built 2008
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 4019 LASALLE Street, Mandeville, LA, presents a lucrative investment opportunity. The 2,500 square foot building sits on a 0.04-acre lot and offers a blend of income-producing assets. Currently, a tenant occupies the warehouse space on a month-to-month lease, providing immediate rental income. A significant advantage is the inclusion of an operational car wash, further enhancing the property's revenue potential. This turnkey operation allows for immediate cash flow and the potential for future growth. The property's versatile nature makes it suitable for a variety of commercial uses, offering flexibility for the new owner. The building's size and layout are well-suited for a range of businesses, and the existing car wash provides a valuable and established revenue stream. The location in Mandeville, LA, offers excellent access to transportation routes and a thriving local economy. This is a rare opportunity to acquire a property with both established rental income and an operational business, providing a strong foundation for a solid return on investment. The sale includes both the building and the operational car wash equipment. Serious inquiries are encouraged to explore this promising commercial investment. The asking price for this exceptional property is $450,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 2,500 SF
Lot 1 ac (43,560 SF)
APN 41087
UPID US36-1314453

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Sports Field & Court Sports School
  • Gym & Fitness Center

Location

4019 Lasalle St Mandeville, LA 70471
Mandeville metro Census 40304 NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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