1140 Causeway ApproachMandeville, LA 70471

  • Other commercial real estate
  • 5,500 SF
For Sale
$885,000 View listing

Property Details for 1140 Causeway Approach

Year built
2008
Property size (Sq ft)
5,500 SF
Property type
Other commercial real estate
APN
61305
APU
61305

Description

This exceptional executive office property, located at 1140 W Causeway Approach in Mandeville, Louisiana, presents a compelling investment opportunity. The 5,542 square foot building, constructed in 2004, is a Class B property situated within the desirable West Point Office Park. The building features four units spread across two stories, offering flexibility for various business needs. The asking price is $885,000, translating to a price per square foot of $159.69. The lease type is gross, simplifying financial management. This single-building property is ideally suited for a variety of uses, offering a strong return on investment. The property's location in St. Tammany Parish, Louisiana, zip code 70471, provides convenient access to local amenities and transportation routes. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-maintained, established office space in a thriving Louisiana market. The property's solid construction and desirable location make it an attractive prospect for both owner-occupiers and investors seeking a stable, income-generating asset. Further information regarding the property's specifics is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $864,121
    Hospitality
    $791,530
    Educational
    $658,544
    Medical
    $681,192
    Retail
    $1,024,401
1140 Causeway Approach, Mandeville, Louisiana

Location Insight

City
Mandeville
County
Saint Tammany
State
Louisiana
Latitude
30.3821
Longitude
-90.0967
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
$13,624
$12,040
$85,305
$97,345
-
$120,400
$568,700
$689,100

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