2301 Gause BlvdSlidell, LA 70461

Property Details for 2301 Gause Blvd

Year built

2010

Lot size

0.90 AC

Property size (Sq ft)

7,593 SF

Property type

Commercial real estate

APN

113549

APU

113549

Description

This exceptional retail property, located at 2301 Gause Blvd E, Slidell, LA 70461, presents a prime redevelopment opportunity. The 2,500 square foot building sits on a substantial 43,255 square foot lot, offering significant potential for various uses. Currently vacant, this property is zoned HC-2, Highway Commercial, allowing for a wide range of development options. The asking price is $900,000, translating to $360 per square foot. The property boasts a highly visible location at the lighted intersection of Gause Boulevard East and Cross Gates Boulevard, providing excellent visibility and accessibility. With approximately 214 feet of frontage on Gause Boulevard East and 205 feet on Cross Gates Boulevard, the site features four curb cuts for convenient access from both streets. Its strategic position approximately 1.25 miles east of the Interstate 10 and Gause Boulevard intersection ensures high traffic volume and exposure to a large customer base. This is a rare opportunity to acquire a significant retail property in a thriving location, ideal for redevelopment and maximizing investment potential. The single-story building presents a blank canvas for a variety of commercial ventures. The property's size and location make it suitable for a bank, QSR/fast food establishment, or restaurant, among other possibilities. This is a truly exceptional opportunity for investors seeking a high-impact redevelopment project.

• CAP approach

  CAP return

  Valuation

  6%

  $1,364,660

  6.5%

  $1,259,680

  7%

  $1,169,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $579,201

  Geo Method

  $539,786

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,339,330

  Retail / Commercial

  $1,227,140

  Mixed-Use / Specialty

  $1,244,470

  Hospitality / Lodging

  $941,286

  Office

  $1,259,680

  Institutional / Educational

  $1,301,500

  Residential Income

  $1,522,760

  Multifamily

  $1,705,990

  Automotive / Energy

  $1,115,580

  Parking / Income-Based Land

  $363,528

  Restaurant / Food Service

  $693,580

  Healthcare / Senior Housing

  $1,253,920

Location Insight

City

Slidell

County

Saint Tammany

State

Louisiana

Latitude

30.2887

Longitude

-89.7277

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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