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    713 15Th Ave Covington, LA 70433

    For Sale
    Contact for pricing

    Prime Covington lot, build-to-suit commercial.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional Covington, LA commercial property presents a unique build-to-suit opportunity on a vacant lot located at 713 W 15TH Avenue. The owner is actively seeking collaboration with a prospective tenant or developer to create a custom-designed commercial building tailored to specific needs and long-term investment goals. This flexible approach allows for a truly bespoke development, ensuring the final product perfectly aligns with the intended use and maximizes the property's potential. The size of the lot is not specified, but the opportunity is ideal for a business seeking a long-term commitment in a desirable location. While a price is not currently listed, this reflects the owner's willingness to negotiate and collaborate on a mutually beneficial project. Prospective occupants are responsible for verifying all city requirements and regulations pertaining to their proposed development. This is an exceptional chance to create a property perfectly suited to your business needs in a thriving Covington location. The focus is on establishing a strong, long-term partnership with a tenant who shares the owner's vision for a successful and enduring commercial venture. This build-to-suit opportunity offers unparalleled flexibility and the potential for a truly unique and valuable asset.

    Property Features for 713 15Th Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2024
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St Tammany
    State
    Louisiana
    Longitude
    -90.11118
    Latitude
    30.47338

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Covington lot, build-to-suit commercial.
    Where is this commercial real estate located?
    The property is located at 713 15Th Ave Covington, LA.
    (504) 669-8826
    Request Owner's contact information
    713 15Th Ave Covington, LA 70433
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    Covington, LA 70433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    713 15Th Ave Covington, LA 70433
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