2965 Gause BlvdSlidell, LA 70461

  • Commercial real estate
  • 7,632 SF
For Sale
$1,100,000 View listing

Property Details for 2965 Gause Blvd

Year built
2010
Lot size
1.10 AC
Property size (Sq ft)
7,632 SF
Property type
Commercial real estate
APN
116031
APU
116031

Description

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

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
$17,333
$33,292
$88,672
$121,964
-
$332,920
$591,147
$924,067

FAQs

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