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Covington, LA Auto Shops for Sale

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Abita Springs, LA Mandeville, LA Madisonville, LA Bush, LA Ponchatoula, LA Lacombe, LA Folsom, LA Robert, LA
Express Oil Change Investment Opportunity
Updated: Dec 14, 2021
Express Oil Change Investment Opportunity

70516 LA-21, Covington, LA 70433

$2,335,000
4,732 sqft
Corporate guaranteed (Mavis Tire) absolute NNN lease provides passive income.
15‑year base lease term with five, 5‑year options offers long‑term investment security.
New construction (2020) minimizes potential maintenance costs.
Located on a main North/South corridor in Covington, LA, providing high visibility.
Positioned near Interstate 12, offering easy access for customers.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hammond Commercial Building with Residence
Hammond Commercial Building with Residence

47310 N MORRISON Boulevard, Hammond, LA 70401

$519,000
2,000 sqft 2.00 AC lot

Modern commercial building with residential unit and ample outdoor space.

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Auto Repair Business For Sale
Auto Repair Business For Sale

765 ASBURY Drive, Mandeville, LA 70471

$990,000
120 sqft 0.14 AC lot

Turn-key auto repair business with building, land, and equipment.

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Established Auto Repair Business For Sale
Established Auto Repair Business For Sale

765 Asbury Dr, Mandeville, LA 70471

$990,000
120 sqft

Turn-key auto repair business with building, land, and equipment.

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Express Oil Change Investment Opportunity
Express Oil Change Investment Opportunity

2613 W Thomas St, Hammond, LA 70401

$2,215,000
4,732 sqft

NNN leased Express Oil Change in Hammond, Louisiana for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land on Highway 51
Commercial Land on Highway 51

655 South Morrison Boulevard, Hammond, LA 70403

$178,000
0.51 AC lot

0.51 acres of commercial land with highway frontage.

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Hammond Commercial Land For Sale
Hammond Commercial Land For Sale

655 S MORRISON Boulevard lot: 4, Hammond, LA 70403

$178,000
0.52 AC lot

0.51 acre commercial property zoned C-H in Hammond, LA.

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Corner Lot in New Orleans
Corner Lot in New Orleans

1800 ALABO Street lot: 12, New Orleans, LA 70117

Contact for pricing
0.17 AC lot

Large corner lot in up-and-coming New Orleans neighborhood.

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New Orleans Land Opportunity
New Orleans Land Opportunity

1229 FLOOD Street lot: D, New Orleans, LA 70117

Contact for pricing
0.14 AC lot

6,000 sq ft lot in up-and-coming Lower 9th Ward.

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Off-Market Properties in Covington, LA

Consider similar Off-Market properties in Covington, LA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

70516 La-21
Automotive properties

70516 La-21, Covington, LA 70433

Value Estimation by Request
4,732 sqft 1.31 AC lot
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Covington, LA Auto Shops Market Trends and Statistics

Explore 2 auto shops for sale in Covington, LA on our real estate platform. These investment opportunities span a total of 4,732 square feet of properties for sale, with an estimated market value of $2,335,000.

Sale prices for auto repair shops in Covington, LA start at $2,335,000, averaging $2,335,000, and reaching up to $2,335,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1

Demographics Overview

Population 63K
Population Growth (5Y) +14.9%
Median Household Income $80,022
College Educated 34.2%

High-Yield Neighborhoods for Investment

Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
70433 $2.3M

Taxes & Financing

Tax Rate (average for all types) 12.71%
Property Tax per SF $19.46 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Tammany Parish

New Delisted

Total CRE Inventory on Market (SF)

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