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    56 Starbrush Cir, Unit Covington Covington, LA 70433

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    For Sale
    $1,199,000

    Medical office with NNN lease and two adjacent buildable lots.

    Property size:
    4 SF

    Property Features for 56 Starbrush Cir

    General Information

    Size
    4 SF

    Building Details

    Year built
    2010

    Source: Ron Patron Agent Ron Patron

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office with Additional Lots

    This property features a medical office building with two adjacent lots. The medical office building has 4,064 square feet and is currently under a NNN lease, generating $9,526 in monthly income. The two adjacent lots, identified as 50 Starbrush Circle (Lot 123) and 60 Starbrush Circle (Lot 121), offer buildable areas of 25,869 square feet and 31,861 square feet, respectively. The entire package is offered with a 7% cap rate on the medical office component.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Janine S. ... Internist Spencer W Pinion Family Practice Physician Devan Guidry Szczepanski Emergency Care Physician Catherine Bordelon Fussell Family Practice Physician Tchefuncte Health and Wellness Family Practice Physician

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Maher Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    St. Tammany
    State
    Louisiana
    Longitude
    -90.1271
    Latitude
    30.4598

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    FAQs

    What type of property is this?
    Medical office - Medical office with NNN lease and two adjacent buildable lots.
    Where is this medical office located?
    The property is located at 56 Starbrush Cir, Unit Covington Covington, LA.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: - Medical tenant in place with NNN lease generating $9,526 monthly income.; - Priced to move with a 7% cap rate on the medical office.; - Includes two adjacent buildable lots (50 & 60 Starbrush Circle) totaling 57,730 SF.
    (504) 782-9373
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    56 Starbrush Cir, Unit Covington 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
    56 Starbrush Cir, Unit Covington Covington, LA 70433
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