Covington, LA
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    Covington, LA Auto Shops for Sale

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    Abita Springs, LA Mandeville, LA Madisonville, LA
    Express Oil Change Investment Opportunity
    $2,335,000
    4,732 SF

    Express Oil Change Investment Opportunity

    70516 LA-21, Covington, LA 70433

    NNN leased Express Oil Change with corporate guarantee.

    • 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.
    Updated: Dec 14, 2021
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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.

    Auto Repair Business For Sale
    $990,000
    0.14 Acres

    Auto Repair Business For Sale

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

    765 ASBURY Drive, Mandeville, LA 70471
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    Hammond Commercial Building with Residence
    $519,000
    2,000 SF

    Hammond Commercial Building with Residence

    Modern commercial building with residential unit and ample outdoor space.

    47310 N MORRISON Boulevard, Hammond, LA 70401
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    Established Auto Repair Business For Sale
    $990,000

    Established Auto Repair Business For Sale

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

    765 Asbury Dr, Mandeville, LA 70471
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    Express Oil Change Investment Opportunity
    $2,215,000
    4,732 SF

    Express Oil Change Investment Opportunity

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

    2613 W Thomas St, Hammond, LA 70401
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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
    $178,000
    0.51 Acres

    Commercial Land on Highway 51

    0.51 acres of commercial land with highway frontage.

    655 South Morrison Boulevard, Hammond, LA 70403
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    Hammond Commercial Land For Sale
    $178,000
    0.52 Acres

    Hammond Commercial Land For Sale

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

    655 S MORRISON Boulevard lot: 4, Hammond, LA 70403
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    Corner Lot in New Orleans
    Contact for pricing
    0.17 Acres

    Corner Lot in New Orleans

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

    1800 ALABO Street lot: 12, New Orleans, LA 70117
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    New Orleans Land Opportunity
    Contact for pricing
    0.14 Acres

    New Orleans Land Opportunity

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

    1229 FLOOD Street lot: D, New Orleans, LA 70117
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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
    4,732 SF Lot: 1.31 Acres
    Value Estimation by Request

    70516 La-21, Covington, LA 70433

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    Covington, LA Auto Shops Investment Opportunities Market Analysis

    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

    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 median 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 sq ft
    Average Loan-to-Value 65.0%

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