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    810-816 Columbia St Covington, LA 70433

    For Sale
    $1,350,000

    Two income-producing buildings & parking lot.

    Property size:
    8,880 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial investment opportunity encompasses two buildings totaling 8,880 square feet situated on a 0.7-acre lot in Covington, Louisiana. Strategically located directly across from the Justice Center, this property enjoys high visibility and convenient access. Both buildings are currently leased to tenants, generating a consistent stream of rental income, making this an attractive proposition for investors seeking a stable return. The property includes ample dedicated parking, a significant asset in this location. The buildings are well-maintained and ready for immediate income generation. The substantial lot size offers potential for future expansion or redevelopment, subject to local zoning regulations. Given its prime location and existing income stream, this property presents a rare chance to acquire a well-established commercial asset in a thriving area. Serious inquiries only. Showings are by appointment only

    Property Features for 810-816 Columbia St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,880 SF
    Lot Size
    30,492 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St Tammany
    State
    Louisiana
    Longitude
    -90.09563
    Latitude
    30.48228

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    FAQs

    What type of property is this?
    Commercial real estate - Two income-producing buildings & parking lot.
    Where is this commercial real estate located?
    The property is located at 810-816 Columbia St Covington, LA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    (985) 796-0300
    Request Owner's contact information
    810-816 Columbia St 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
    810-816 Columbia St Covington, LA 70433
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