Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    501 J F Smith Ave Slidell, LA 70460-4687

    • Commercial real estate
    • 41,069 SF
    OFF-MARKET
    Value Estimations
    $3,185,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US36-0974807
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 501 J F Smith Ave

    Year built
    2010
    Property size
    41,069 SF
    Property type
    Commercial real estate
    APN
    112891
    APU
    112891

    Description

    This exceptional Class A industrial property, located at 501 J F Smith Ave, Slidell, LA 70460, offers 35,000 square feet of versatile space situated on a 2-acre lot within the J F Smith Industrial Business Park. The property boasts a strategic location, providing easy access to major transportation arteries including US Hwy-11, I-12, I-10, and I-59. Originally constructed as a food manufacturing and packaging facility, it's currently utilized as a bottling plant. The building features 20-foot ceilings, three loading docks, and three dock-high doors, making it ideal for a variety of industrial uses. The property is zoned for industrial use and benefits from its location within an Enterprise Zone and LED Certified Park. This presents a significant opportunity for businesses seeking a well-equipped, strategically located facility in a thriving industrial area. Currently operational, showings are by appointment only. The asking price is $3,500,000. This property is ready for immediate occupancy and offers significant potential for growth and expansion. Don't miss this chance to acquire a prime industrial asset in a high-demand location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,032,000
      Market price range: $1.49M - $3.98M
      AI Estimate
      $2,547,000
      Market price range: $871k - $3.55M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,590,000
      Current use
      INDUSTRIAL (GENERAL)
      $3,960,000
      Change: +53% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Slidell
    County
    Saint Tammany
    State
    Louisiana
    Longitude
    -89.7728
    Latitude
    30.3197
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $48,245
    $28,465
    $311,491
    $339,956
    -
    $284,650
    $2,076,605
    $2,361,255

    Comparable in this City

    • Value Estimation
      $670,000
      28,086 SF

      Timber Rdg Dr

      COMMERCIAL (GENERAL) • 28,086 SF
      Timber Rdg Dr, Slidell, LA 70460
      View Details
    • Value Estimation by Request
      10,000 SF

      316 Johnny F Smith Blvd

      COMMERCIAL (GENERAL) • 10,000 SF
      316 Johnny F Smith Blvd, Slidell, LA 70460-4688
      View Details
    • Value Estimation by Request
      4,840 SF

      101 Magnolia St

      COMMERCIAL (GENERAL) • 4,840 SF
      101 Magnolia St, Slidell, LA 70460-1817
      View Details
    • Value Estimation
      $900,000
      11,366 SF

      34601 Grantham College Dr

      COMMERCIAL (GENERAL) • 11,366 SF
      34601 Grantham College Dr, Slidell, LA 70460-6815
      View Details
    • Value Estimation by Request
      5,181 SF

      101 Northshore Blvd

      COMMERCIAL (GENERAL) • 5,181 SF
      101 Northshore Blvd, Slidell, LA 70460-6821
      View Details
    • Value Estimation by Request
      541 SF

      Gause W Blvd

      COMMERCIAL (GENERAL) • 541 SF
      Gause W Blvd, Slidell, LA 70460
      View Details

    Similar Nearby for Sale

    • $725,000
      1.92 Acres

      I-10 Frontage Commercial Land

      Prime Slidell location, high visibility.
      0 Voters Rd, Slidell, LA 70460
      View Details
    • $160,000

      Slidell Commercial Land - Great Price

      Prime Commercial Lot, 43,471 SF, $160,000
      0 Amber St, Slidell, LA 70460
      View Details
    • $90,000

      Slidell Commercial Land - $90K

      Prime 8,765 SF Commercial Lot
      701 Gause Blvd, Slidell, LA 70460
      View Details
    • $700,000
      11.79 Acres

      Prime Slidell Commercial Land

      11.79 Acres, High Visibility, Development Ready
      0 Gause Blvd, Slidell, LA 70460
      View Details
    • $84,335

      Slidell Industrial Land - Owner Financing

      Rare Industrial Land, Owner Financing Available.
      0 Carnation Dr, Slidell, LA 70460
      View Details
    • $750,000
      7.11 Acres

      Slidell Commercial Land: 7 Acres

      Prime 7-acre commercial lot in Slidell, LA. High visibility, development-ready.
      2447 Gause Blvd, Slidell, LA 70460
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      115,135 SF

      Prime Slidell Retail Center

      High-traffic location, 115,135 SF
      128 Gause Blvd, Slidell, LA 70460
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space in Slidell, LA

      Retail space available in a 265,468 SF shopping center.
      61123 Airport Rd, Slidell, LA 70460
      View Details
    • $14 SF/Yr
      7,600 SF

      Slidell Retail Space for Lease

      High-visibility retail space near ALDI.
      137 Northshore Blvd, Slidell, LA 70460
      View Details
    • Contact for pricing
      10,000 SF

      Retail Center in St Tammany

      265,468 SF retail center with huge parking field.
      61103-61109 Airport Rd, Slidell, LA 70460
      View Details
    • $550 /Mo
      406 SF

      Slidell Office Suite For Rent

      Office suite with reception area in central, accessible location.
      1009 Carnation St, Slidell, LA 70460
      View Details
    • $10 SF/Yr
      39,083 SF

      Plaza 190: Prime Slidell Retail

      High-traffic Slidell retail center; two spaces available.
      124 Gause Blvd, Slidell, LA 70460
      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.
    501 J F Smith Ave
    Slidell, LA 70460-4687
    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.