This exceptional 7,500 square foot medical/office building is situated in a highly desirable Slidell location. The property boasts a recent, complete renovation, making it move-in ready for immediate occupancy. The building features two distinct units, each with its own reception area and restrooms. One unit offers sixteen private rooms, a kitchen/break room, multiple closets, and several storage rooms, ideal for a medical practice or similar professional use. The second unit, currently leased, includes two offices, two restrooms, ample storage, and a substantial open area, providing flexibility for various tenants. A shared main waiting area provides convenient access to both units. The sale includes the option to acquire existing medical equipment, phone systems, security devices, and office furnishings, representing a significant added value. The current tenant is amenable to either remaining or vacating upon sale, offering considerable flexibility to the new owner. This turnkey opportunity presents a rare chance to acquire a fully renovated, high-profile commercial property in a prime location at an attractive price point. The building's layout and features make it suitable for a wide range of medical or professional uses, promising a strong return on investment. This is a truly exceptional opportunity not to be missed.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,371,670
6.5%
$1,266,150
7%
$1,175,710
Comparable approach
Method
Valuation
Relative Method
$582,176
Geo Method
$542,559
Alternative Use
Use
Valuation
Industrial / Distribution
$2,351,350
Retail / Commercial
$1,233,440
Mixed-Use / Specialty
$1,250,860
Hospitality / Lodging
$946,121
Office
$1,266,150
Institutional / Educational
$1,308,190
Residential Income
$1,530,580
Multifamily
$1,714,750
Automotive / Energy
$1,121,310
Parking / Income-Based Land
$365,395
Restaurant / Food Service
$697,143
Healthcare / Senior Housing
$1,260,360
Location Insight
City
Slidell
County
Saint Tammany
State
Louisiana
Latitude
30.2901
Longitude
-89.7224
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Gause Blvd Slidell, LA 70461
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Gause Blvd Slidell, LA 70461
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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