1000 Caruso BlvdSlidell, LA 70461

Property Details for 1000 Caruso Blvd

Year built

2017

Lot size

1.00 AC

Property size (Sq ft)

9,654 SF

Property type

Commercial real estate

APN

85388

APU

85388

Description

This exceptional 4,062 square foot mixed-use commercial condominium, located at 1000 Caruso Blvd, Unit 251, Slidell, LA 70461, presents a unique investment opportunity. The property is ideally suited for a variety of uses, including showroom, warehouse, retail, or office space, and even assembly. Its versatile layout offers ample space for diverse business needs. The unit boasts excellent truck access, a significant advantage for businesses requiring efficient loading and unloading. This commercial condominium is part of a larger development with several units available. The property features a convenient location in Slidell, St. Tammany Parish, Louisiana, providing easy access to major transportation routes. The asking price per square foot is $55. Owner financing is available with a 20% down payment

• CAP approach

  CAP return

  Valuation

  6%

  $1,735,070

  6.5%

  $1,601,600

  7%

  $1,487,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $736,416

  Geo Method

  $686,303

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,974,300

  Retail / Commercial

  $1,560,230

  Mixed-Use / Specialty

  $1,582,260

  Hospitality / Lodging

  $1,196,780

  Office

  $1,601,600

  Institutional / Educational

  $1,654,780

  Residential Income

  $1,936,090

  Multifamily

  $2,169,050

  Automotive / Energy

  $1,418,380

  Parking / Income-Based Land

  $462,201

  Restaurant / Food Service

  $881,842

  Healthcare / Senior Housing

  $1,594,280

Location Insight

City

Slidell

County

Saint Tammany

State

Louisiana

Latitude

30.2445

Longitude

-89.76

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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